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Abacus Tubular Products Limited

01903212

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

ABACUS HOUSE, RAMSEY HUNTINGDON, PE26 2RB
Incorporated 09/04/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Maria Grazia Grasso

secretary · Since 23/12/1991

BRITISH

Francesco Riola

director · Since 23/12/1991

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Mrs Maria Grazia Riola

director · Since 06/01/2026

ITALIAN · ENGLAND · Age 67

Persons with Significant Control

Mr Francesco Riola

Significant control

British · England · Age 71

Abacus House, Ramsey Huntingdon, PE26 2RB

Notified 01/07/2016

Charges3 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 20/02/1998Registered 05/03/1998
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 24/11/1987Registered 30/11/1987
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 27/10/1986Registered 01/11/1986

CompanyRankvs 5430+ SIC 32990 peers
53

Financial strength90th percentile among SIC peers · 23/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.43× · 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 strength23/25 pts

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

Employees8/15 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 31/03/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£28k

Current Liabilities

£66k

Fixed Assets

£1.2M

Debtors

£8k

2avg. employees

Tax at Year End(2021)

Corp tax£5k
VAT£370

Director Loans(2021)

Company owes directors£33k

Balance Sheet

Assets less current liabilities£1.1M
Signed by Mr Francesco Riola 11th December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.43+£19k
20240.21+£16k
20230.14+£7k
20220.49-£16k
20210.65+£46k£7k
20200.71+£22k£7k
20190.61+£60k
20170.42

Derived from filed accounts. Not audited figures.