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Renewable On (Mk) Ltd

09210323

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

8 THE OLD YARD, LODGE FARM BUSINESS CENTRE WOLVERTON ROAD, MILTON KEYNES, MK19 7ES
Incorporated 09/09/2014

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

28/06/2026

On track

Confirmation statement

Last: 09/09/2025

Due 23/09/2026

On track

Industry

96090
Other personal service activities

Officers

Mr William Morgan

director · Since 09/09/2014

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Mr William Morgan

75–100% shares
75–100% votes

British · England · Age 57

8 The Old Yard, Lodge Farm Business Centre, Wolverton Road, Milton Keynes, MK19 7ES

Notified 06/04/2016

CompanyRankvs 84765+ SIC 96090 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio -0.13× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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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.

Employees6/15 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.

Longevity12/15 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 30/09/2024

Net Worth

-£206k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£111k

Working capital

Current Assets

-£12k

Current Liabilities

£99k

Fixed Assets

£1

1avg. employees

Balance Sheet

Assets less current liabilities-£111k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
2024-0.13-£407k
20230.01+£11k
20220.24+£557
20220.14+£14k
20200.02+£14k
20190.05+£30k
20190.36+£86k
20183.21

Derived from filed accounts. Not audited figures.