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Industrial Abrasives Limited

01501560

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

1A KINGSBURY'S LANE, RINGWOOD, BH24 1EL
Incorporated 12/06/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Brian John Dawe

secretary · Since 31/12/1991

BRITISH · ENGLAND · Age 78

Also on 13 other boards

Mr Brian John Dawe

director · Since 31/12/1991

CONSULTANT

BRITISH · ENGLAND · Age 78

Also on 13 other boards

Patricia Ann Dawe

director · Since 31/12/1991

CONSULTANT

BRITISH · UNITED KINGDOM · Age 74

Also on 3 other boards

Mr Steven Thomas Dawe

director · Since 02/08/2004

MANAGER

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Steven Thomas Dawe

25–50% shares

British · England · Age 49

1a, Kingsbury's Lane, Ringwood, BH24 1EL

Notified 07/12/2017

Former PSCs

Mr Brian John Dawe

Ceased 07/12/2017

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/02/2018Registered 26/02/2018

CompanyRankvs 9410+ SIC 32990 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.4× · 2/20
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 strength1/25 pts

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

Employees10/15 pts

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

Liquidity2/20 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 30/06/2025

Net Worth

-£188k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£168k

Working capital

Current Assets

£112k

Current Liabilities

£279k

Fixed Assets

£3k

Debtors

£91k

4avg. employees

Tax at Year End

VAT£594

Director Loans

Company owes directors£45k

Balance Sheet

Assets less current liabilities-£165k
Signed by Mr Steven Dawe 04/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.40+£0£12k
20250.40-£30k£12k
20240.43-£54k£12k
20230.49-£15k£26k
20220.47-£41k
20210.91+£19k
20200.66-£100k
2019-0.84+£10k
2018-0.85

Derived from filed accounts. Not audited figures.