Master Abrasives Ltd
00903298
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 28/05/2026
Due 11/06/2027
Industry
Officers
director · Since 28/03/1992
CHAIRMAN
BRITISH · ENGLAND · Age 76
Also on 3 other boards
director · Since 02/08/1999
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 65
Also on 3 other boards
director · Since 03/12/2012
ACCOUNTANT
BRITISH · ENGLAND · Age 49
Also on 4 other boards
Former
director · Resigned 02/08/1999
director · Resigned 31/08/2002
secretary · Resigned 16/01/2009
director · Resigned 16/01/2009
director · Resigned 03/12/2012
Persons with Significant Control
Scl Abrasive Holdings Ltd
High March, High March, Daventry, NN11 4PG
Reg: 8248477 · England And Wales · Limited Company
Notified 06/04/2016
Charges1 outstanding
SANTANDER UK PLC
Change History
Active
Private Limited Company
LONG MARCH INDUSTRIAL ESTATE
NORTHANTS
CompanyRankvs 1813+ SIC 32990 peers63
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts. 2.3 Foreign currency translation Functional and presentation currency The Company 's functional and presentational currency is GBP . Tr
Key FinancialsYear ending 31/12/2024
Net Worth
£1.6M
Balance sheet strength
Cash
£70k
Cash in the bank
Net Current Assets
£1.4M
Working capital
Current Assets
£3.1M
Current Liabilities
£1.7M
Fixed Assets
£238k
Debtors
£1.6M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.80 |
Derived from filed accounts. Not audited figures.