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Runtech Limited

03199248

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 13 outstanding charges (-10)

Details

DYFFRYN COURT, RIVERSIDE BUSINESS PARK, SWANSEA, SA7 0AP
Incorporated 15/05/1996

Compliance

Last accounts

31/07/2025

medium

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 15/05/2026

Due 29/05/2027

On track

Industry

45200
Maintenance and repair of motor vehicles
49410
Freight transport by road
77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Samantha Claire Gorvett

secretary · Since 03/07/1996

BRITISH · Age 61

Also on 2 other boards

Mr Ian Gorvett

director · Since 03/07/1996

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 61

Also on 9 other boards

Mr Ian Grant Gorvett

director · Since 01/10/2020

DIRECTOR

BRITISH · WALES · Age 36

Also on 6 other boards

Persons with Significant Control

Runtech Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

Dyffryn Court, Riverside Business Park, Swansea, SA7 0AP

Reg: 10847940 · Companies House · Limited By Shares

Notified 16/08/2019

Former PSCs

Hazells Limited

Ceased 16/08/2019

Charges13 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 10/11/2025Registered 13/11/2025
Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LTD

Created 02/01/2024Registered 03/01/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 26/04/2022Registered 27/04/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 07/08/2019Registered 09/08/2019
Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD

Created 28/03/2018Registered 04/04/2018Satisfied 12/04/2018
Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LTD

Created 28/03/2018Registered 29/03/2018
Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LTD

Created 28/03/2018Registered 28/03/2018
Charge
outstanding

LOMBARD NORTH CENTRAL PLC

Created 01/05/2014Registered 09/05/2014
charge
outstanding

ING LEASE (UK) LTD

Created 25/03/2013Registered 02/04/2013
charge
satisfied

HAZELLS (HAULAGE) LIMITED

Created 28/02/2013Registered 19/03/2013Satisfied 07/04/2022
charge
outstanding

BARCLAYS BANK PLC

Created 24/11/2011Registered 02/12/2011
charge
outstanding

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Created 23/08/2011Registered 25/08/2011
charge
outstanding

JCB FINANCE LIMITED

Created 13/04/2011Registered 14/04/2011
charge
satisfied

BARCLAYS BANK PLC

Created 21/01/2011Registered 02/02/2011Satisfied 06/12/2023
charge
outstanding

STATE SECURITIES PLC

Created 31/03/2010Registered 10/04/2010
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 15/03/2006Registered 01/04/2006Satisfied 05/03/2013
charge
outstanding

BARCLAYS BANK PLC

Created 21/02/2006Registered 28/02/2006
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 25/07/2003Registered 01/08/2003Satisfied 25/06/2010
charge
satisfied

ROYAL BANK INVOICE FINANCE LIMITED

Created 18/12/2000Registered 28/12/2000Satisfied 25/06/2010
charge
satisfied

BARCLAYS BANK PLC

Created 12/05/1998Registered 15/05/1998Satisfied 02/09/2003

CompanyRankvs 6377+ SIC 45200 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.98× · 6/20
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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6377Runtech Limited
72
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.

Liquidity6/20 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

performed, 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 31/07/2025

Turnover

£25.5M

Annual revenue

Net Worth

£8.0M

Balance sheet strength

Cash

£636

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

-£217k

Working capital

Current Assets

£12.8M

Current Liabilities

£13.0M

Fixed Assets

£22.0M

Debtors

£11.9M

Cost of Sales

£17.5M

Gross Profit

£8.0M

Admin Expenses

£5.1M

Operating Profit

£2.9M

Profit After Tax

£1.3M

265avg. employees+19

Tax at Year End

Dividends paid£268k

People Costs

Wages & salaries£10.2M
NI contributions£1.1M

Balance Sheet

Bank loans & overdrafts£116k
Assets less current liabilities£21.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.98+£1.1M
20240.86+£960k
20230.84+£1.3M
20220.81—

Derived from filed accounts. Not audited figures.