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Runtech Limited

03199248

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

Ian Grant Gorvett

director · Since 01/10/2020

British

Ian Gorvett

director · Since 03/07/1996

British

Former

Same-Day Company Services Limited

corporate nominee secretary · Resigned 03/07/1996

Martyn John Samuel Hazell

director · Resigned 20/01/2020

Peter Miles

director · Resigned 21/06/2010

Wildman & Battell Limited

corporate nominee director · Resigned 03/07/1996

CompanyRankvs 82340+ SIC 45200 peers
66

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 -10
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8234Runtech 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

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—

Derived from filed accounts. Not audited figures.