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Next Gen Renewables Ltd

09930931

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

11 GREETBY HILL, ORMSKIRK, L39 2DP
Incorporated 29/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28110
Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

Officers

Mr Joshua Robert Burns

director · Since 24/04/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 26

Persons with Significant Control

Mr Joshua Robert Burns

75–100% shares
75–100% votes

British · England · Age 26

130, Tintagel, Skelmersdale, WN8 8PF

Notified 01/08/2023

Former PSCs

Mr Daren Andrew Birch

Ceased 01/08/2023

CompanyRankvs 138+ SIC 28110 peers
46

Financial strength6th percentile among SIC peers · 2/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.57× · 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 strength2/25 pts

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

Employees12/15 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 23/12/2024

Net Worth

-£71k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£53k

Working capital

Current Assets

£71k

Current Liabilities

£125k

Fixed Assets

£4k

3avg. employees

Balance Sheet

Assets less current liabilities-£49k
Signed by Mr Joshua Burns 09/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.57+£0
20240.57-£73k
20231.33

Derived from filed accounts. Not audited figures.