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Resonance Renewables Ltd

14413060

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

THE GREAT BARN 5 SCARNE COURT, LAUNCESTON, PL15 9LR
Incorporated 12/10/2022

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mrs Sharon Gorman

secretary · Since 12/10/2022

Mr Daniel James Brewer

director · Since 12/10/2022

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 49

Also on 15 other boards

Mr Simon Leslie Chisholm

director · Since 12/10/2022

CHIEF INVESTMENT OFFICER

BRITISH · ENGLAND · Age 54

Also on 23 other boards

Persons with Significant Control

Resonance Limited

75–100% shares
75–100% votes
Appoint directors

The Great Barn 5 Scarne Court, Hurdon Road, Launceston, PL15 9LR

Reg: 04418625 · Uk Register Of Companies · Private Company Limited By Shares

Notified 12/10/2022

CompanyRankvs 52180+ SIC 77390 peers
20

Financial strength13th percentile among SIC peers · 3/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

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

Liquidity6/20 pts

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

Longevity4/15 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 directors with respect to going concern are d

Key FinancialsYear ending 31/03/2024

Net Worth

-£6k

Balance sheet strength

Cash

£55k

Cash in the bank

Profit Before Tax

-£6k

Bottom line earnings

Net Current Assets

-£6k

Working capital

Current Assets

£56k

Current Liabilities

£61k

Debtors

£276

Admin Expenses

£6k

Operating Profit

-£6k

Profit After Tax

-£6k

0avg. employees

Balance Sheet

Assets less current liabilities-£6k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20240.91

Derived from filed accounts. Not audited figures.