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Carbon Rewind Ltd

11926768

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

AXIS BUILDING 2, WATFORD, WD24 4YW
Incorporated 04/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation
43290
Other construction installation

Officers

Mr Michael Anthony Pidgeon

director · Since 04/04/2019

MANAGER

BRITISH · UNITED KINGDOM · Age 45

Also on 3 other boards

Persons with Significant Control

Carbon Rewind Holdings Limited

75–100% shares
75–100% votes

Axis Building 2, Rhodes Way, Watford, WD24 4YW

Reg: 13549967 · Companies House · Limited Company

Notified 22/10/2021

Former PSCs

Mr Michael Anthony Pidgeon

Ceased 22/10/2021

CompanyRankvs 11414+ SIC 43220 peers
51

Financial strength96th percentile among SIC peers · 24/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.28× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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

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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/03/2025

Turnover

£12.6M

Annual revenue

Net Worth

£422k

Balance sheet strength

Cash

£242k

Cash in the bank

Profit Before Tax

£69k

Bottom line earnings

Net Current Assets

£472k

Working capital

Current Assets

£2.1M

Current Liabilities

£1.7M

Fixed Assets

£428k

Debtors

£1.3M

Cost of Sales

£8.3M

Gross Profit

£4.3M

Admin Expenses

£4.2M

Operating Profit

£116k

Profit After Tax

£40k

1avg. employees-60

Tax at Year End

Corp tax£71k
Dividends paid£1.8M

People Costs

Wages & salaries£2.6M
NI contributions£287k

Balance Sheet

Bank loans & overdrafts£11k
Assets less current liabilities£900k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.28+£40k
20241.08-£1.7M
20232.29

Derived from filed accounts. Not audited figures.