CONSULT RED LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -26.8%

  £27,283,729 → £19,960,480

• Cash

  -5.4%

  £2,715,490 → £2,570,108

  lowest in 5 filed years

• Net assets

  -52.3%

  £5,183,276 → £2,470,900

  lowest in 5 filed years

• Employees

  -15.2%

  125 → 106

• Operating profit

  -132.4%

  £2,262,861 → -£733,517

  lowest in 5 filed years

• Profit before tax

  -142%

  £2,560,854 → -£1,075,480

  lowest in 5 filed years

• Wages

  -14.1%

  £7,724,847 → £6,639,263

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. CONSULT RED LIMITED 2024-04-30 → present
2. RED EMBEDDED CONSULTING LIMITED 2008-09-03 → 2024-04-30

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Wheawill & Sudworth Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. CONSULT RED LIMITED · parent
   1. Red Embedded Consulting Inc 100% · USA · similar services to those of the UK parent company
   2. Consult Red Poland Sp. z oo 100% · Poland · similar services to those of the UK parent company
   3. Consult Red Services Sp. z oo 100% · Poland · similar services to those of the UK parent company
   4. Consultred (India) Pvt Ltd 100% · India · similar services to those of the UK parent company

Significant events

• “Total revenue for the period was £20.0m (2023: £27.3m). The decline of 26.7% is largely attributable to the loss of the largest customer, and a decline across a number of other key customers as the economy slowed in key trading countries (UK & USA) linked somewhat to elections.”
• “The business made a loss for the period of (£0.9m) (2023, profit of £2.2m), this is largely attributable to restructuring costs of £1.8m, which included beginning the closure of the India operations.”
• “During the period the company reduced the external long term facility from £8.2m to £5.2m (a revolving credit facility that was established in 2022).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.