{"name":"RED ABACUS LIMITED","company_number":"07519252","status":"Active","type":"Private Limited Company","incorporated":"2011-02-07","dissolved":null,"registered_office":"Exchange House, St. Cross Lane, Newport, Isle Of Wight, United Kingdom, PO30 5BZ","postcode":"PO30 5BZ","sic_codes":[{"code":68209,"description":"Other letting and operating of own or leased real estate"}],"principal_activity":null,"previous_names":[{"name":"VECTIS 680 LIMITED","changed_on":"2011-05-09"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"29 February","last_made_up_to":"2026-02-28","next_due":"2027-11-30"},"employees":{"count":0,"accounts_date":"2026-02-28"},"financials":[{"financial_date":"2026-02-28","net_assets":841767,"cash":5426,"average_employees":0},{"financial_date":"2025-02-28","net_assets":899879,"cash":13277,"average_employees":0},{"financial_date":"2024-02-29","net_assets":891824,"cash":17249},{"financial_date":"2023-02-28","net_assets":864615,"cash":139077},{"financial_date":"2022-02-28","net_assets":897200,"cash":87435}],"officers":{"current":1,"resigned":2,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"RED ABACUS LIMITED presents a paradoxical financial picture: a healthy balance sheet with nearly £900,000 in net assets, yet critically low cash reserves of just £13,277 – a 98% decline from 2017 levels. The company's property investment model generates steady equity growth, but its circulatory system (cash flow) is severely constrained, with 97% of current assets tied up in uncertain debtor balances. The high gearing ratio of 149% and reliance on director property valuations add further risk factors. Immediate attention to cash management and debtor collection is essential to prevent this stable but cash-starved patient from deteriorating into financial distress.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/red-abacus","people":"https://www.companiesintheuk.co.uk/company/red-abacus/people","filing_history":"https://www.companiesintheuk.co.uk/company/red-abacus/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/07519252","financials":"https://www.companiesintheuk.co.uk/company/red-abacus/financial","control":"https://www.companiesintheuk.co.uk/company/red-abacus/control","charges":"https://www.companiesintheuk.co.uk/company/red-abacus/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/red-abacus/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/red-abacus"}