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Master Abrasives Ltd

00903298

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

LONG MARCH INDUSTRIAL ESTATE, NORTHANTS, NN11 4PG
Incorporated 11/04/1967

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/05/2026

Due 11/06/2027

On track

Industry

32990
Other manufacturing

Officers

Mr Andrew Grant Miller Ami Mech E

director · Since 28/03/1992

CHAIRMAN

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Mr Paul James Batson

director · Since 02/08/1999

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Mr Jamie Alexander Ward

secretary · Since 16/01/2009

ACCOUNTANT

BRITISH · Age 49

Also on 4 other boards

Mr Jamie Alexander Ward

director · Since 03/12/2012

ACCOUNTANT

BRITISH · ENGLAND · Age 49

Also on 4 other boards

Persons with Significant Control

Scl Abrasive Holdings Ltd

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

High March, High March, Daventry, NN11 4PG

Reg: 8248477 · England And Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 28/07/2016Registered 28/07/2016

CompanyRankvs 1813+ SIC 32990 peers
63

Financial strength93th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.8× · 16/20
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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1813Master Abrasives Ltd
79
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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

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

28avg. employees

Tax at Year End

Corp tax£7k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20241.80

Derived from filed accounts. Not audited figures.