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Renewables First Limited

06975396

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE MILL BRIMSCOMBE HILL, STROUD, GL5 2QG
Incorporated 29/07/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Philip Charles Davis

director · Since 29/07/2009

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Mr Philip Charles Davis

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

British · England · Age 57

The Mill, Brimscombe Hill, Stroud, GL5 2QG

Notified 06/04/2016

CompanyRankvs 217+ SIC 71122 peers
88

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£274k

Balance sheet strength

Cash

£213k

Cash in the bank

Net Current Assets

£268k

Working capital

Current Assets

£350k

Current Liabilities

£83k

Fixed Assets

£6k

Debtors

£104k

8avg. employees

Balance Sheet

Assets less current liabilities£274k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.23-£121k
20238.05-£126k
20228.99+£40k
20213.48+£6k
20201.99+£746
20192.04+£18k
20181.59

Derived from filed accounts. Not audited figures.