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Ableworld Limited

01919149

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
65 / 100

Some Concerns

25/30
Filing
20/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)

Details

C/O RAYNER ESSEX, TAVISTOCK SQUARE, WC1H 9LG
Incorporated 04/06/1985

Compliance

Last accounts

24/12/2024

total exemption full

Next accounts due

24/03/2027

On track

Confirmation statement

Last: 29/06/2025

Due 13/07/2026

On track

Industry

41100
Development of building projects

Officers

Mrs Tirza Faust

secretary · Since 16/02/1995

FRENCH · UNITED KINGDOM · Age 84

Also on 8 other boards

Mr Leon Faust

director · Since 16/02/1995

DIRECTOR

FRENCH · UNITED KINGDOM · Age 94

Also on 16 other boards

Persons with Significant Control

Ultraworth Limited

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

C/O Rayner Essex Llp, Tavistock House South, London, WC1H 9LG

Reg: 02845916 · Companies House · Limited By Shares

Notified 06/04/2016

Insolvency History1 case

corporate voluntary arrangement

Martin Henry Linton (practitioner)

CompanyRankvs 32739+ SIC 41100 peers
43

Financial strength37th percentile among SIC peers · 9/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.36× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 pts

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

Liquidity12/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 24/12/2024

Net Worth

£100

Balance sheet strength

Cash

£106

Cash in the bank

Net Current Assets

£423k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.2M

Debtors

£1.6M

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.36
20231.36

Derived from filed accounts. Not audited figures.