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Aburnet Limited

00202702

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

MANNERS AVENUE MANNERS AVENUE, ILKESTON, DE7 8EF
Incorporated 29/12/1924

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13990
Manufacture of other textiles

Officers

Mr Richard John Stacey Burnet

director · Since 17/09/1998

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 29 other boards

Mr Richard John Stacey Burnet

secretary · Since 14/04/2009

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 29 other boards

Mrs Melanie Conroy

director · Since 23/12/2025

BRITISH · ENGLAND · Age 50

Also on 4 other boards

Persons with Significant Control

Mr Richard John Stacey Burnet

75–100% shares

British · England · Age 57

Manners Avenue, Manners Avenue, Ilkeston, DE7 8EF

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/10/2024Registered 18/10/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/08/2017Registered 10/08/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/10/2005Registered 05/10/2005Satisfied 09/04/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/07/1984Registered 18/07/1984
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/07/1984Registered 18/07/1984

CompanyRankvs 246+ SIC 13990 peers
50

Financial strength67th percentile among SIC peers · 17/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 15.18× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees3/15 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.

Longevity15/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/12/2024

Net Worth

£12k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.4M

Current Liabilities

£93k

Fixed Assets

£3.1M

Debtors

£1.4M

Profit After Tax

-£28k

0avg. employees

Tax at Year End

Dividends paid£32k

People Costs(2021)

Wages & salaries£1.2M
NI contributions£120k

Balance Sheet

Bank loans & overdrafts£22k
Assets less current liabilities£4.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202415.18+£0
202311.79-£3.4M
202216.32-£1.3M
20212.70+£1.5M
20202.69+£162k
20192.98+£60k
20183.10+£136k
20174.59

Derived from filed accounts. Not audited figures.