Principle Renovations Ltd
13259629
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/03/2021
NURSE
BRITISH · UNITED KINGDOM · Age 36
Also on 1 other board
director · Since 11/03/2021
KITCHEN FITTER
BRITISH · UNITED KINGDOM · Age 39
Persons with Significant Control
Mr Thomas Michael Sorfleet
British · United Kingdom · Age 39
34, Byrefield Road, Guildford, GU2 9UB
Notified 11/03/2021
CompanyRankvs 5457+ SIC 43290 peers67
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2026
Net Worth
£31k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£79k
Working capital
Current Assets
£107k
Current Liabilities
£28k
Fixed Assets
£17k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 3.83 | -£22k |
| 2025 | 3.23 | -£298 |
| 2024 | 3.55 | -£19k |
| 2023 | 1.66 | +£21k |
| 2022 | 2.11 | — |
Derived from filed accounts. Not audited figures.