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Renodecor Ltd

08598398

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

3 STOVOLDS WAY, ALDERSHOT, GU11 3LR
Incorporated 05/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Renatas Sulma

director · Since 05/07/2013

PAINTER-DECORATOR

LITHUANIAN · ENGLAND · Age 47

Persons with Significant Control

Mr Renatas Sulma

75–100% shares

Lithuanian · England · Age 47

335, Macdonald Road, Farnham, GU9 0EJ

Notified 06/04/2016

CompanyRankvs 8254+ SIC 43341 peers
40

Financial strength2th percentile among SIC peers · 1/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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

-£50k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£3k

Current Liabilities

£40k

Fixed Assets

£49

2avg. employees

Tax at Year End(2024)

VAT£761

Director Loans(2024)

Company owes directors£33k

Balance Sheet

Assets less current liabilities-£38k
Signed by Mr Renatas Sulma 06/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.06+£2k
20240.03+£560£15k
20230.08-£17k£15k
20220.29-£24k
20213.34-£3k£84k
20203.88£84k
20190.99£32k
20181.03£33k

Derived from filed accounts. Not audited figures.