The Firmwatch take
Refinco Limited (15947834) currently shows: Watch signal detected, based on accounts to 30 September 2025; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.
Companies House source·Accounts to 30 Sept 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
10 September 2024
1 years on the register
Sector
Activities of open-ended investment companies
SIC 64304
Size
Not classified
Net assets
£17k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Sector benchmark · Finance and Insurance
How this company compares in 47,532 filers in this sector
Top 10% in sector — Refinco Limited shows £17k in net assets. Sector median is £3k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£17k
Top 10% in sector · sector median £3k · 47,532 filers in this sector
Cash
Not disclosed
Working cap.
−£1.5m
Median £9k
Current ratio
0.3×
Median 1.6×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
People
Who runs this company
- RH
READ, Henry Duncan
director · since 2024
Registered office
Address intelligence
7 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · LS17 0AY
7 other UK companies registered at this postcode.
Active
6
Dissolved
1
Strike-off action
0
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.