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Renown Engineering Limited

00948075

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

RENOWN ENGINEERING LIMITED, CRAMLINGTON, NE23 7RH
Incorporated 17/02/1969

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Katherine Carmichael Hamilton

secretary · Since 11/02/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 23 other boards

Mr John Desmond Hamilton

director · Since 11/02/2005

ENGINEER

BRITISH · ENGLAND · Age 67

Also on 8 other boards

Katherine Carmichael Hamilton

director · Since 11/02/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 23 other boards

Persons with Significant Control

Renown Group Limited

75–100% shares

Renown Engineering Ltd, Northumberland Business Park West, Cramlington, NE23 7RH

Reg: 5882302 · Companies House Gb · Limited Company

Notified 01/01/2017

Charges3 outstanding

Charge
outstanding

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CompanyRankvs 636+ SIC 25990 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.95× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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636Renown Engineering Limited
82
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£5.0M

Balance sheet strength

Cash

£2.5M

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

£4.4M

Working capital

Current Assets

£9.0M

Current Liabilities

£4.6M

Fixed Assets

£729k

Debtors

£6.4M

Cost of Sales

£6.5M

Admin Expenses

£2.8M

Profit After Tax

£962k

67avg. employees+5

Tax at Year End

Corp tax£241k
Dividends paid£45k

People Costs

Wages & salaries£3.1M

Balance Sheet

Intangible assets£0
Assets less current liabilities£5.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.95+£862k
20232.03+£442k
20222.65+£34k
20212.67—

Derived from filed accounts. Not audited figures.