Re-Nu Property Developments Limited
14535971
Some Concerns
- Negative net worth (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/12/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 5 other boards
Persons with Significant Control
Mr Gurmit Singh
British · United Kingdom · Age 62
202, Urmston Lane, Manchester, M32 9DH
Notified 12/12/2022
Former PSCs
Mr Dilraj Singh
Ceased 03/01/2023
Mr Hamraj Singh
Ceased 23/12/2024
Charges3 outstanding
THE MORTGAGE WORKS (UK) PLC
ONESAVINGS BANK PLC
WEST ONE SECURED LOANS LIMITED
CompanyRankvs 181203+ SIC 68100 peers15
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£14k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£17k
Working capital
Current Assets
£5k
Current Liabilities
£22k
Fixed Assets
£178k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.23 | -£6k |
| 2023 | 0.01 | — |
Derived from filed accounts. Not audited figures.