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Penans Renewable Energy Limited

10222968

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

Myo Piccadilly, 1 Sherwood Street, London, W1F 7BL
Incorporated 09/06/2016

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

29/12/2026

On track

Confirmation statement

Last: 13/07/2025

Due 27/07/2026

On track

Industry

35210
Manufacture of gas

Officers

Sarah Cruickshank

secretary · Since 09/06/2016

Duncan Murray Reid

director · Since 30/09/2020

British · United Kingdom · Age 67

Former

Charles Payne

director · Resigned 15/12/2016

Jason Murphy

director · Resigned 29/06/2018

Ravinder Ruby Jones

director · Resigned 12/03/2019

Paul David Thompson

director · Resigned 12/03/2019

Jennifer Wright

secretary · Resigned 11/04/2019

Baiju Devani

director · Resigned 13/12/2019

Sebastian James Speight

director · Resigned 30/09/2020

Neil Andrew Forster

director · Resigned 06/03/2024

Persons with Significant Control

Iqb Development Midco Limited

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

Parcels Building, 14 Bird Street, London, W1U 1BU

Reg: 10113328 · Companies House · Limited By Shares

Notified 21/07/2016

Charges1 outstanding

Charge
outstanding

INGENIOUS RENEWABLE ENERGY LENDING SERVICES LIMITED

Created 15/06/2018Registered 22/06/2018

Change History

statusactive
2026-06-11

Active

typeltd
2026-06-11

Private Limited Company

address line1Myo Piccadilly
2026-06-11

MYO PICCADILLY

post townLondon
2026-06-11

LONDON

officer appointedCRUICKSHANK, Sarah
2026-06-11
officer appointedREID, Duncan Murray
2026-06-11

CompanyRankvs 145+ SIC 35210 peers
27

Financial strength22th percentile among SIC peers · 6/25
Employees42th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength6/25 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.

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.

Longevity10/15 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 31/03/2025

Net Worth

£1

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3.6M

Working capital

Current Assets

Current Liabilities

£3.7M

Fixed Assets

£3.1M

Debtors

£90k

Profit After Tax

-£129k

0avg. employees

Balance Sheet

Assets less current liabilities-£502k
Prepared with CCH Software