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Future Renewable Installations Ltd

09687092

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)

Details

7 & 8 KINGFISHER WAY, WALLSEND, NE28 9NX
Incorporated 15/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Andrew Hegarty

director · Since 15/07/2015

ELECTRICIAN

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Andrew Heggarty

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
Significant control

British · United Kingdom · Age 46

8 Segedunum Business Centre, Station Road, Wallsend, NE28 6HQ

Notified 06/04/2016

CompanyRankvs 37396+ SIC 43210 peers
30

Financial strength4th percentile among SIC peers · 1/25
Employees21th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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37396Future Renewable Installations Ltd
30
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.

Employees3/15 pts

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

Liquidity0/20 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 31/07/2025

Net Worth

-£20k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£44k

Working capital

Current Assets

—

Current Liabilities

£44k

Fixed Assets

£24k

1avg. employees

Director Loans

Company owes directors£23k

Balance Sheet

Assets less current liabilities-£20k
Signed by Mr Andrew Hegarty 12/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025—+£0
2025—-£6k
20240.22-£4k
20230.31—

Derived from filed accounts. Not audited figures.