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Renewable Energy Distribution Limited

07723333

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

RADIUS HOUSE, WATFORD, WD17 1HP
Incorporated 29/07/2011

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 06/04/2026

Due 20/04/2027

On track

Industry

71129
Other engineering activities

Officers

Mr Stuart Joseph Loftus

director · Since 29/07/2011

ELECTRICAL ENGINEER

BRITISH · NORTHERN IRELAND · Age 56

Persons with Significant Control

Mr Stuart Loftus

50–75% shares
50–75% votes
Appoint directors

British · Northern Ireland · Age 56

33 Castlewood, Templepatrick, Ballyclare, BT39 0GA

Notified 01/07/2016

Former PSCs

Mrs Pauline Loftus

Ceased 31/03/2023

CompanyRankvs 2414+ SIC 71129 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 4.75× · 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 strength23/25 pts

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

Employees4/15 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 31/07/2025

Net Worth

£281k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£262k

Working capital

Current Assets

£315k

Current Liabilities

£66k

Fixed Assets

£18k

1avg. employees

Tax at Year End(2023)

Corp tax£21k
VAT£17k

Director Loans(2023)

Company owes directors£44k

Balance Sheet

Assets less current liabilities£281k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20254.75+£0
20254.75+£51k
20244.03+£65k
20232.10+£95k£344k
20221.80+£65k£115k
20210.98-£2k£83k
20200.94-£46k
20191.22+£17k
20181.00

Derived from filed accounts. Not audited figures.