Rendesco Limited
08191027
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 01/10/2025
Due 15/10/2026
Industry
Officers
director · Since 17/10/2014
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 19 other boards
Persons with Significant Control
Rendesco Group Limited
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
INNOVATE UK LOANS LIMITED
HSBC INNOVATION BANK LIMITED
GEORGE HOLLINGBERRY
CompanyRankvs 2329+ SIC 71121 peers54
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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
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
Tax at Year End(2018)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 5.08 | -£1.7M |
| 2021 | 11.29 | -£139k |
| 2020 | 2.70 | +£315k |
| 2019 | 2.00 | +£623k |
| 2018 | 1.12 | — |
Derived from filed accounts. Not audited figures.