So first off, interesting concept.
I don't know what caused you to reimagine an old fairytale, but that's very creative. Another excellent point is that you take no time jumping into the mystery, which is perfect for intriguing readers' curiosity.
Secondly, I think you should emphasise more on some scenes.
For instance, I would like to see more of Lil' Red and Mr. Wood's training sequence, the wolf lady stare at Lil' Red as she passes by, and also the dent/pebble on the floor that caused Lil' Red to stumble.
Elaborating on these scenes will help give depth to the story.
Just remember that wide shots are great in describing a scene (7th panel in page 2, 1st-5th panels in page 3 are very well done), while zoomed-in scenes are for more dramatic shots (I would like to see more scenes like that of panel 3 in page 2).
I think your comic looks very promising so far, and I can't wait to know more about the history of Lil' Red's family.