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Rendesco Limited

08191027

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

14 RODNEY ROAD, CHELTENHAM, GL50 1JJ
Incorporated 24/08/2012

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Alastair Murray

director · Since 17/10/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 19 other boards

Mr Michael Heal

director · Since 20/06/2019

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 16 other boards

Persons with Significant Control

Rendesco Group Limited

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

14, Rodney Road, Cheltenham, GL50 1JJ

Reg: 15705762 · Companies House · Private Company Limited By Shares

Notified 22/05/2024

Former PSCs

Mr Alastair Murray

Ceased 26/06/2017

Mr Julian Sowerbutts

Ceased 20/06/2019

Mr George Hollingbery

Ceased 06/04/2016

Mr Mark Witzenberger

Ceased 26/06/2017

Renewable Heat Investments Limited

Ceased 21/05/2024

Rhi Newco Limited

Ceased 22/05/2024

Charges2 outstanding

Charge
outstanding

INNOVATE UK LOANS LIMITED

Created 23/02/2026Registered 24/02/2026
Charge
outstanding

HSBC INNOVATION BANK LIMITED

Created 17/10/2025Registered 24/10/2025
Charge
satisfied

GEORGE HOLLINGBERRY

Created 22/12/2014Registered 24/12/2014Satisfied 25/05/2018

CompanyRankvs 2329+ SIC 71121 peers
54

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.08× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2022

Net Worth

-£285k

Balance sheet strength

Cash

£236k

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£3.4M

Current Liabilities

£666k

Debtors

£3.0M

27avg. employees+8

Tax at Year End(2018)

Corp tax-£68k

Balance Sheet

Assets less current liabilities£2.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20225.08-£1.7M
202111.29-£139k
20202.70+£315k
20192.00+£623k
20181.12

Derived from filed accounts. Not audited figures.