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Renown Group Limited

05882302

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

RENOWN ENGINEERING LTD, CRAMLINGTON, NE23 7RH
Incorporated 20/07/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64202
Activities of production holding companies

Officers

Katherine Carmichael Hamilton

secretary · Since 30/03/2007

BRITISH · UNITED KINGDOM · Age 67

Also on 23 other boards

Mr John Desmond Hamilton

director · Since 30/03/2007

ENGINEER

BRITISH · ENGLAND · Age 67

Also on 8 other boards

Katherine Carmichael Hamilton

director · Since 30/03/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 23 other boards

Persons with Significant Control

Mr John Desmond Hamilton

50–75% shares

British · England · Age 67

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

Notified 16/07/2016

Charges0 outstanding

Charge
satisfied

GE COMMERCIAL FINANCE LIMITED

Created 17/05/2013Registered 29/05/2013Satisfied 21/09/2016
charge
satisfied

GE COMMERCIAL FINANCE LIMITED

Created 29/02/2008Registered 14/03/2008Satisfied 21/09/2016

CompanyRankvs 384+ SIC 64202 peers
46

Financial strength91th percentile among SIC peers · 23/25
Employees17th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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

Net Current Assets

-£3.0M

Working capital

Current Assets

—

Current Liabilities

£3.0M

Fixed Assets

£1.1M

Debtors

£3k

Cost of Sales

£10.8M

Admin Expenses

£3.7M

Profit After Tax

£2.1M

0avg. employees

Tax at Year End

Corp tax£492k
Dividends paid-£45k

People Costs

Wages & salaries£4.6M

Balance Sheet

Intangible assets£31k
Assets less current liabilities£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024—+£4.9M
2023—-£2.6M
20222.49+£527k
20212.01—

Derived from filed accounts. Not audited figures.