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Rethink Buildings Ltd

15088982

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

4 HYDE LANE, HEMEL HEMPSTEAD, HP3 8SB
Incorporated 22/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Joshua George Bird

director · Since 22/08/2023

CHARTERED ENGINEER

BRITISH · UNITED KINGDOM · Age 37

Also on 1 other board

Persons with Significant Control

Mr Joshua George Bird

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

British · United Kingdom · Age 37

4, Hyde Lane, Hemel Hempstead, HP3 8SB

Notified 22/08/2023

CompanyRankvs 10550+ SIC 71122 peers
43

Financial strength70th percentile among SIC peers · 18/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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10550Rethink Buildings Ltd
52
How is this score calculated?
Financial strength18/25 pts

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

Employees5/15 pts

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

Liquidity12/20 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

concluded that there are no material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern for the period of at least 12 months from the date of approval of these financial statements. Turnover Turnover is measured at the fair value of the consideration received or receivable, net of disco

Key FinancialsYear ending 31/08/2025

Net Worth

£23k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£68k

Current Liabilities

£47k

Fixed Assets

£1k

Debtors

£25k

1avg. employees

Balance Sheet

Assets less current liabilities£23k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.47+£12k
20241.67—

Derived from filed accounts. Not audited figures.