REDSTONE SEARCH GROUP LTD
Company number 08689723 · Monitor this company
Executive summary
Redstone Search Group Ltd has experienced a catastrophic financial decline, with net assets falling 88.7% from £1.85 million in 2023 to just £208,000 in 2025, accompanied by a 72.9% drop in cash reserves in the most recent year. The business is currently loss-making, with the P&L reserve declining by £76,213 in 2025, and has become dangerously dependent on collecting trade debtors to maintain liquidity. While the company remains solvent and benefits from parent company ownership, urgent intervention is required to stabilise cash flow, restore profitability, and understand the root cause of the dramatic 2023-2024 collapse before the financial position deteriorates further.
Shareholders' funds
£208,372
Balance sheet as at 2025-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2013-09-13
- Employees
- 19 (2025 accounts · was 18 in 2024)
- Registered office
- Swift House Ground Floor, 18 Hoffmanns Way, Chelmsford, Essex, United Kingdom, CM1 1GU
- Postcode
- CM1 1GU
- Capital
- 108 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-09-13
- Next due by
- 2026-09-27
Nature of business (SIC)
- 78109 Other activities of employment placement agencies
- 78200 Temporary employment agency activities
Officers 5 current · 2 resigned
Group structure
Controlled by AKTS RECRUITMENT LIMITED — since 2022-10-07
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB055903 (Tier 2), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
Previous company names
| Name | Date changed |
|---|---|
| REDSTONE COMMODITY SEARCH LIMITED | 2016-12-16 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| TYTTENHANGER HOUSE COURSERS ROAD, ST ALBANS, HERTFORDSHIRE, AL4 0PG | 2018-05-22 |
| 26 DOVER STREET, MAYFAIR, LONDON, W1S 4LY, UNITED KINGDOM | 2014-07-16 |
| C/O ELLIOT WOOLFE & ROSE EQUITY HOUSE, 128-136 HIGH STREET, EDGWARE, MIDDX, HA8 7TT, UNITED KINGDOM | 2013-10-09 |
Among its peers
Top 25%
by shareholders' funds, of 334 similar companies in CM
Among the biggest employers among its local peers (19 staff).
Among the oldest 25% of its local peers, trading since 2013.
Competitors Chelmsford
-
3. FIREWEB LTD
This company ranks 38 among other activities of employment placement agencies in Chelmsford.
The class of 2013
26%
of the 2,113 companies in this sector incorporated in 2013 are still active today; 69% have since been dissolved.
A fact about the year, not a forecast for this company.