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Island Renewables Ltd

12301422

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

13 DAISH WAY, NEWPORT, PO30 5XJ
Incorporated 06/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Russell Stuart Thomson

director · Since 06/11/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Mr Scott John Wagstaff

director · Since 01/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Mr Edward Miles Alexander Simpkin

director · Since 01/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Russell Stuart Thomson

25–50% shares
25–50% votes

British · England · Age 45

13, Daish Way, Newport, PO30 5XJ

Notified 01/11/2021

Mr Scott John Wagstaff

25–50% shares
25–50% votes

British · England · Age 52

13, Daish Way, Newport, PO30 5XJ

Notified 11/09/2025

Former PSCs

Mr Russell Stuart Thomson

Ceased 01/11/2021

CompanyRankvs 7293+ SIC 43210 peers
76

Financial strength95th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 30/11/2025

Net Worth

£464k

Balance sheet strength

Cash

£355k

Cash in the bank

Net Current Assets

£392k

Working capital

Current Assets

£1.1M

Current Liabilities

£757k

Fixed Assets

£90k

Debtors

£561k

6avg. employees

Balance Sheet

Assets less current liabilities£482k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20251.52+£71k
20241.61-£18k
20231.81

Derived from filed accounts. Not audited figures.