The Petroleum And Renewable Energy Company Limited
03848749
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/09/1999
PETROLEUM ENGINEER
BRITISH · ENGLAND · Age 70
Also on 3 other boards
director · Since 01/10/2011
CONSULTANT
BRITISH · ENGLAND · Age 74
Also on 10 other boards
secretary · Since 23/02/2012
Persons with Significant Control
Mr Stewart Lindsay Whiteley
British · England · Age 70
Suite 6, Silwood Business Centre, Ascot, SL5 7PW
Notified 27/09/2016
Ms Alena Stranska
Czech · England · Age 46
Suite 6, Silwood Business Centre, Ascot, SL5 7PW
Notified 30/09/2019
CompanyRankvs 25+ SIC 09100 peers77
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
1A "Small Entities" and the Companies Act 2006. 3. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements have been prepared under the historical cost convention. Going concern The financial statements have been prepared on the going concern basis and the directors confirm their belief in the company's ability to continue as a going concern for a period of at l
Key FinancialsYear ending 30/09/2025
Net Worth
£484k
Balance sheet strength
Cash
£241k
Cash in the bank
Net Current Assets
£481k
Working capital
Current Assets
£574k
Current Liabilities
£93k
Fixed Assets
£4k
Debtors
£333k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 6.18 | +£35k |
| 2024 | 6.73 | -£111k |
| 2023 | 6.48 | +£23k |
| 2022 | 6.78 | +£11k |
| 2021 | 5.29 | +£158k |
| 2020 | 7.57 | -£59k |
| 2019 | 3.38 | — |
| 2018 | 2.75 | — |
Derived from filed accounts. Not audited figures.