Back to search

Able Hydraulics Limited

01593258

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

2 STATION VIEW, STOCKPORT, SK7 5ER
Incorporated 26/10/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Robert Phelan

director · Since 01/06/2009

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Mrs Nicola Dawn Phelan

director · Since 31/07/2025

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Persons with Significant Control

Able Hydraulics Holdings Ltd

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

2 Heap Bridge, Bury, BL9 7HR

Reg: 06357310 · England And Wales · Limited Company

Notified 01/06/2016

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE SECURITY TRUSTEE)

Created 30/10/2013Registered 01/11/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/03/1993Registered 12/03/1993Satisfied 12/04/2022
charge
satisfied

MIDLAND BANK PLC

Created 19/03/1982Registered 26/03/1982Satisfied 27/03/1993

CompanyRankvs 1079+ SIC 32990 peers
73

Financial strength85th percentile among SIC peers · 21/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.12× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Barnagore Jute Factory Plc(The)
90
2C W Fletcher & Sons Limited
90
3Jepson & Co Limited
90
4Wallgate Limited
90
5F.Ball And Co. Limited
90
6Rotalink Limited
90
7Vale Mill (Rochdale) Limited
90
8H. Jarvis Ltd
90
9Tricogen Laboratories Limited
90
10Silent Gliss Limited
90
1079Able Hydraulics Limited
83
How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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 28/02/2025

Net Worth

£588k

Balance sheet strength

Cash

£80k

Cash in the bank

Net Current Assets

£578k

Working capital

Current Assets

£1.1M

Current Liabilities

£516k

Fixed Assets

£46k

Debtors

£948k

7avg. employees+1

Balance Sheet

Assets less current liabilities£625k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.12+£3k
20242.06+£61k
20232.30-£28k
20222.18-£45k
20212.47-£77k
20202.44-£7k
20192.11—

Derived from filed accounts. Not audited figures.