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Renewalco Ltd

14635620

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 02/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74990
Non-trading company

Officers

Mr Steven Weston

secretary · Since 02/02/2023

Mr Steven David Weston

director · Since 02/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Persons with Significant Control

Mr Steven David Weston

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

British · England · Age 51

71-75, Shelton Street, London, WC2H 9JQ

Notified 02/02/2023

CompanyRankvs 12429+ SIC 74990 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 22.9× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees8/15 pts

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

Liquidity20/20 pts

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

Longevity3/15 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

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The company is currently in a net liability position; however, it benefits from the ongoing financial support of its shareholder, who also serves as the sole director. 1.3 Cash and cash equivalents

Key FinancialsYear ending 28/02/2025

Net Worth

-£222k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£70k

Current Liabilities

£3k

Debtors

£68k

0avg. employees-1
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202522.90-£147k
202467.49—

Derived from filed accounts. Not audited figures.