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Able Lifting Gear (Swansea) Limited

01216462

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 22 ST DAVIDS INDUSTRIAL, SWANSEA ENTERPRISE PARK, SA6 8RX
Incorporated 18/06/1975

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Nigel Bruce Tate

director · Since 18/02/1993

GENERAL MANAGER

BRITISH · WALES · Age 67

Mrs Petra Elizabeth Tate

director · Since 19/03/2025

DIRECTOR

BRITISH · WALES · Age 64

Persons with Significant Control

Mr Nigel Bruce Tate

75–100% shares
75–100% votes

British · Wales · Age 67

C/O Able Lifting Gear (Swansea) Ltd, Unit 22 St Davids Road, Swansea, SA6 8RX

Notified 06/04/2016

Charges2 outstanding

charge
satisfied

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Created 23/10/2000Registered 31/10/2000Satisfied 24/11/2010
charge
outstanding

LLOYDS BANK PLC

Created 14/05/1993Registered 15/05/1993
charge
outstanding

LLOYDS BANK PLC

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charge
satisfied

LLOYDS BANK PLC

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satisfied

MIDLAND BANK PLC

Created 18/03/1980Registered 24/03/1980Satisfied 10/11/1992
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MIDLAND BANK PLC

Created 02/08/1979Registered 08/08/1979Satisfied 10/11/1992

CompanyRankvs 1268+ SIC 82990 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

£643k

Balance sheet strength

Cash

£467k

Cash in the bank

Net Current Assets

£537k

Working capital

Current Assets

£761k

Current Liabilities

£224k

Fixed Assets

£142k

Debtors

£284k

11avg. employees+1

Tax at Year End

Corp tax£44k

Balance Sheet

Bank loans & overdrafts£8k
Assets less current liabilities£679k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.40+£101k
20243.82+£16k
20233.48+£55k
20223.67+£71k
20213.23+£39k
202061.16+£47k
20192.88+£85k
20182.60

Derived from filed accounts. Not audited figures.