Company Overview
Par Renewables Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 18 July 2011, so this is a well established company. Par Renewables Ltd has been in business for 12 years and 10 months. The accounts status is unaudited abridged and the accounts are next due on Wednesday 30 April 2025.
Registered Address

42 Gortnaskea Road, Stewartstown, Co. Tyrone, BT71 5NY
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Companies House Data
Company NamePAR RENEWABLES LTD
Company NumberNI608246
Registered Office Address42 GORTNASKEA ROAD
 BT71 5NY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/07/2011
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2025
Accounts Last Made Up Date31/07/2023
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date15/08/2016
Returns Last Made Up Date18/07/2015
Directors & Members
Alan McCrea - Director
(British, 50 years old, born August 1974)
Director - Appointed 18 July 2011
 Active
Alistair McIvor - Director
(British, 62 years old, born September 1962)
Director - Appointed 18 July 2011
 Active
Rodney Sloan - Director
(British, 55 years old, born October 1969)
Director - Appointed 18 July 2011
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Alan McCrea
PAR TRADING LTD
Alistair McIvor
PAR TRADING LTD
Rodney Sloan
PAR BIOGAS LIMITED
PAR TRADING LTD
Balance Sheet Unlock full report
Accounts Date 31-Jul-2023 31-Jul-2021 31-Jul-2020
Balance Sheet
Fixed Assets 469,301 469,301 501,794
Current Assets 620,537 620,537 692,775
Creditors Due Within One Year 714,242 714,242 826,232
Working Cap -93,705 -93,705 -133,457
Total Assets Less Current Liabilities 375,596 375,596 368,337
Long-term Liabilities 81,217 81,217 149,262
Net Assets 294,379 294,379 219,075
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 294,379 294,379 219,075
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2023 31-Jul-2021 31-Jul-2020
Tangible Fixed Assets - - -
Fixed Assets 43.1% 43.1% 42.0%
Stocks Inventory - - -
Debtors 53.7% 53.7% 53.6%
Cash Bank In Hand 1.9% 1.9% 2.5%
Current Assets 56.9% 56.9% 58.0%
Creditors Due Within One Year 65.5% 65.5% 69.2%
Net Current Assets Liabilities -8.6% -8.6% -11.2%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 27.0% 27.0% 18.3%
Capital Employed - - -
Total Assets Less Current Liabilities 34.5% 34.5% 30.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2023 31-Jul-2021 31-Jul-2020
Liquidity Ratio 0.9 0.9 0.8
Solvency Ratio 1.4 1.4 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jul-2023 31-Jul-2021 31-Jul-2020
Assets 1,089,838 1,089,838 1,194,569
Debt 795,459 795,459 975,494
Net Assets/Debt 294,379 294,379 219,075

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around BT71 5NY
PAR BIOGAS LIMITED
42 GORTNASKEA ROAD, STEWARTSTOWN, TYRONE, BT71 5NY
MCCREA FARMS LTD
42 GORTNASKEA ROAD, STEWARTSTOWN, DUNGANNON, BT71 5NY
Document Filings
Satisfaction of charge NI6082460002 in full
Registration of charge NI6082460003, created on 9 April 2024
Confirmation statement made on 18 July 2023 with no updates
Confirmation statement made on 18 July 2022 with no updates
Confirmation statement made on 18 July 2021 with no updates
Notification of Rodney Sloan as a person with significant control on 6 September 2021
Notification of Alistair Mcivor as a person with significant control on 6 September 2021
Confirmation statement made on 18 July 2020 with no updates
Confirmation statement made on 18 July 2019 with no updates
Satisfaction of charge NI6082460001 in full
Registration of charge NI6082460002, created on 5 March 2019
Confirmation statement made on 18 July 2018 with no updates
Confirmation statement made on 18 July 2017 with updates
Confirmation statement made on 18 July 2016 with updates
Registration of charge NI6082460001, created on 20 June 2016
Annual return made up to 18 July 2015 with full list of shareholders
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