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Renelec Chalgrove Limited

03060329

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BROWNSTON HOUSE, DEVIZES, SN10 1DS
Incorporated 23/05/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr John Skeen

director · Since 29/06/1995

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 4 other boards

Mr Vincent Richard Couse

director · Since 30/11/1998

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 3 other boards

Mr Andrew Keith Harper

secretary · Since 11/11/2019

Mr Spencer James Couse

director · Since 19/01/2026

BRITISH · ENGLAND · Age 53

Also on 4 other boards

Persons with Significant Control

Renelec Limited

75–100% shares

Brownston House, New Park Street, Devizes, SN10 1DS

Reg: 01053189 · Companies House · Limited Company

Notified 01/10/2020

Charges1 outstanding

charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 19/09/2011Registered 22/09/2011
charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 16/09/2011Registered 20/09/2011Satisfied 18/11/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/11/1995Registered 01/12/1995Satisfied 01/12/2011

CompanyRankvs 1374+ SIC 43220 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.13× · 12/20
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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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.

Liquidity12/20 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 going co

Key FinancialsYear ending 30/09/2025

Turnover

£22.2M

Annual revenue

Net Worth

£1.2M

Balance sheet strength

Cash

£3.6M

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£10.4M

Current Liabilities

£9.3M

Fixed Assets

£39k

Debtors

£6.8M

Cost of Sales

£17.7M

Gross Profit

£4.5M

Admin Expenses

£3.6M

Operating Profit

£994k

Profit After Tax

£799k

78avg. employees+8

Tax at Year End

Corp tax£306k
Dividends paid£808k

People Costs

Wages & salaries£3.5M
NI contributions£366k

Balance Sheet

Interest payable£638
Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.13-£9k
20241.14+£1.1M
20231.13

Derived from filed accounts. Not audited figures.