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Renew Technologies Ltd

09521300

active
Private Limited Company
england wales
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

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 01/04/2015

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 13/04/2026

Due 27/04/2027

On track

Industry

20140
Manufacture of other organic basic chemicals
42910
Construction of water projects
46750
Wholesale of chemical products
72110
Research and experimental development on biotechnology

Officers

Mr Charandeep Singh Bhasin

director · Since 01/04/2015

DIRECTOR

HUNGARIAN · HUNGARY · Age 56

Persons with Significant Control

Mr Charandeep Singh Bhasin

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

Hungarian · Hungary · Age 56

28, Verhalom Utca, Budapest, H-1025

Notified 06/04/2016

CompanyRankvs 199+ SIC 20140 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity11 years trading (max 15) · 11/15
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.

Employees0/15 pts

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

Liquidity6/20 pts

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

Longevity11/15 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 30/04/2025

Net Worth

-£248k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£256k

Working capital

Current Assets

£517k

Current Liabilities

£773k

Fixed Assets

£7k

Debtors

£62k

Balance Sheet

Assets less current liabilities-£248k
Signed by Mr Charandeep BHASIN 28/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67-£2k
20240.67-£882
20230.67-£7k
20220.68-£22k
20210.34

Derived from filed accounts. Not audited figures.