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Pad Rentals And Renovations Ltd

14485178

active
ltd
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

69 Privett Road, Waterlooville, PO7 5JW
Incorporated 15/11/2022

Compliance

Last accounts

30/11/2025

total exemption full

Next accounts due

31/08/2027

On track

Confirmation statement

Last: 14/11/2025

Due 28/11/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Michael Peter Dearing

director · Since 15/11/2022

CARPENTER

BRITISH · ENGLAND · Age 34

Also on 1 other board

Michael Peter Dearing

director · Since 15/11/2022

British · England · Age 34

Persons with Significant Control

Mr Michael Peter Dearing

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

British · England · Age 34

69, Privett Road, Waterlooville, PO7 5JW

Notified 15/11/2022

Charges3 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 29/09/2023Registered 02/10/2023
Charge
outstanding

ONESAVINGS BANK PLC

Created 29/09/2023Registered 02/10/2023
Charge
outstanding

ONESAVINGS BANK PLC

Created 27/01/2023Registered 30/01/2023

Change History

statusactive
2026-07-16

Active

typeltd
2026-07-16

Private Limited Company

address line169 Privett Road
2026-07-16

69 PRIVETT ROAD

post townWaterlooville
2026-07-16

WATERLOOVILLE

CompanyRankvs 89252+ SIC 68100 peers
34

Financial strength90th percentile among SIC peers · 23/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

£247k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£84k

Working capital

Current Assets

£2k

Current Liabilities

£87k

Fixed Assets

£800k

Balance Sheet

Assets less current liabilities£716k
Signed by Mr M Dearing 28/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£263k
2024-£44k
20230.22

Derived from filed accounts. Not audited figures.