Renew Power International Limited
11623057
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/07/2023
ACCOUNTING
BRITISH · ENGLAND · Age 53
Also on 4 other boards
CompanyRankvs 13437+ SIC 64209 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the accounts are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are des
Key FinancialsYear ending 31/03/2025
Net Worth
£35.6M
Balance sheet strength
Cash
£22k
Cash in the bank
Profit Before Tax
-£389k
Bottom line earnings
Net Current Assets
-£2.5M
Working capital
Current Assets
£3.1M
Current Liabilities
£5.6M
Debtors
£3.1M
Admin Expenses
£212k
Operating Profit
-£120k
Profit After Tax
-£389k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.55 | +£12.5M |
| 2024 | 0.61 | -£177k |
| 2023 | 0.39 | +£22.4M |
| 2022 | 1.39 | -£132k |
| 2021 | 13.72 | -£112k |
| 2020 | 70.46 | — |
Derived from filed accounts. Not audited figures.