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Renewable Heat Assets 2 Limited

09550005

active
Private Limited Company
england wales
Companies House
Health Score
55 / 100

Notable Risks

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

Details

14 RODNEY ROAD, CHELTENHAM, GL50 1JJ
Incorporated 20/04/2015

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

96090
Other personal service activities

Officers

Mr Alastair Murray

director · Since 20/04/2015

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

Renewable Heat Holdings Limited

75–100% shares
75–100% votes

14, Rodney Road, Cheltenham, GL50 1JJ

Reg: 11171223 · England & Wales · Limited Company

Notified 17/07/2018

Former PSCs

Mr Julian Neame Sowerbutts

Ceased 17/07/2018

Mr George Hollingbery

Ceased 17/07/2018

Mr Alastair Murray

Ceased 17/07/2018

Charges14 outstanding

Charge
outstanding

TRIODOS BANK UK LIMITED

Created 01/05/2020Registered 06/05/2020
Charge
outstanding

TRIODOS BANK UK LIMITED

Created 01/05/2020Registered 06/05/2020
Charge
outstanding

TRIODOS BANK UK LIMITED

Created 01/05/2020Registered 06/05/2020
Charge
outstanding

TRIODOS BANK UK LIMITED

Created 01/05/2020Registered 06/05/2020
Charge
outstanding

TRIODOS BANK UK LIMITED

Created 01/05/2020Registered 06/05/2020
Charge
outstanding

TRIODOS BANK UK LIMITED

Created 01/05/2020Registered 06/05/2020
Charge
outstanding

TRIODOS BANK UK LIMITED

Created 01/05/2020Registered 06/05/2020
Charge
outstanding

TRIODOS BANK NV

Created 28/04/2017Registered 02/05/2017
Charge
outstanding

TRIODOS BANK NV

Created 16/02/2017Registered 03/03/2017
Charge
outstanding

TRIODOS BANK NV

Created 16/02/2017Registered 23/02/2017
Charge
outstanding

TRIODOS BANK NV

Created 16/02/2017Registered 23/02/2017
Charge
outstanding

TRIODOS BANK NV

Created 16/02/2017Registered 23/02/2017
Charge
outstanding

TRIODOS BANK NV

Created 16/02/2017Registered 23/02/2017
Charge
outstanding

TRIODOS BANK NV

Created 16/02/2017Registered 23/02/2017
Charge
satisfied

GEORGE HOLLINGBERY

Created 28/04/2016Registered 19/05/2016Satisfied 25/05/2018

CompanyRankvs 89345+ SIC 96090 peers
26

Financial strength6th percentile among SIC peers · 2/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 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.

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 31/12/2021

Net Worth

-£23k

Balance sheet strength

Cash

£156k

Cash in the bank

Net Current Assets

-£168k

Working capital

Current Assets

£245k

Current Liabilities

£413k

Fixed Assets

£1.2M

Debtors

£89k

0avg. employees

Tax at Year End

Corp tax£22
VAT£1k

Balance Sheet

Assets less current liabilities£1.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20210.59+£56k£29k
20200.47+£36k
20190.13-£33k
20180.36

Derived from filed accounts. Not audited figures.