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Biofuel Evolution Ltd

10486024

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNION HOUSE, COVENTRY, CV1 2NT
Incorporated 18/11/2016

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 17/11/2025

Due 01/12/2026

On track

Industry

38110
Collection of non-hazardous waste
38320
Recovery of sorted materials
39000
Remediation activities and other waste management services
72110
Research and experimental development on biotechnology

Officers

Mr Jaymish Patel

director · Since 18/11/2016

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 33

Mr Viral Patel

director · Since 18/11/2016

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 1 other board

Persons with Significant Control

Mr Viral Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 37

Union House, 111 New Union Street, Coventry, CV1 2NT

Notified 18/11/2016

Mr Jaymish Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 33

Union House, 111 New Union Street, Coventry, CV1 2NT

Notified 18/11/2016

CompanyRankvs 2816+ SIC 38110 peers
40

Financial strength19th percentile among SIC peers · 5/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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2816Biofuel Evolution Ltd
39
How is this score calculated?
Financial strength5/25 pts

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

Employees8/15 pts

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

Liquidity2/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£1

Balance sheet strength

Cash

£700

Cash in the bank

Net Current Assets

-£46k

Working capital

Current Assets

£9k

Current Liabilities

£55k

Debtors

£8k

2avg. employees

Balance Sheet

Assets less current liabilities-£46k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.16
20230.36

Derived from filed accounts. Not audited figures.