Runtech European Group Ltd
13695322
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/10/2021
DIRECTOR
BRITISH · WALES · Age 36
Also on 6 other boards
director · Since 21/10/2021
NONE SUPPLIED
BRITISH · UNITED KINGDOM · Age 61
Persons with Significant Control
Mr Ian Grant Gorvett
British · United Kingdom · Age 36
Dyffryn Court,, Riverside Business Park, Swansea, SA7 0AP
Notified 21/10/2021
Former PSCs
Mrs Samantha Claire Gorvett
Ceased 26/10/2021
Mr Ian Gorvett
Ceased 26/10/2021
Charges2 outstanding
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CompanyRankvs 5481+ SIC 64209 peers54
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 directors with respect to going co
Key FinancialsYear ending 31/07/2025
Net Worth
£1.8M
Balance sheet strength
Cash
£197
Cash in the bank
Net Current Assets
£641k
Working capital
Current Assets
£1.6M
Current Liabilities
£934k
Fixed Assets
£7.0M
Debtors
£1.6M
Profit After Tax
£1.3M
Tax at Year End
People Costs(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.69 | +£0 |
| 2024 | 1.09 | +£0 |
| 2023 | 1.91 | -£476k |
| 2022 | 0.89 | — |
Derived from filed accounts. Not audited figures.