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Able Stainless Steel Fabrications Limited

01969999

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

ABLE ENGINEERING, SWADLINCOTE, DE11 9DJ
Incorporated 11/12/1985

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 24/07/2025

Due 07/08/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures
25290
Manufacture of other tanks, reservoirs and containers of metal

Officers

Mr Glenn Patrick Cooke

director · Since 04/08/1991

COMPAY CHAIRMAN

BRITISH · ENGLAND · Age 74

Gary William Woodward

director · Since 06/04/1997

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Mr Jonathan Christopher Cannon

director · Since 03/04/2023

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Mr Daniel Stephen Cudworth

director · Since 24/05/2024

TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 31

Persons with Significant Control

Mr Gary William Woodward

25–50% shares

British · United Kingdom · Age 56

Able Engineering, Cadley Hill Road, Swadlincote, DE11 9DJ

Notified 06/04/2016

Able 79 Properties Limited

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

Able Engineering, Cadley Hill Road, Swadlincote, DE11 9DJ

Reg: 14640896 · Companies House · Limited Company

Notified 06/02/2023

Charges0 outstanding

charge
satisfied

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Created 04/11/1986Registered 07/11/1986Satisfied 30/04/1998

CompanyRankvs 542+ SIC 25110 peers
78

Financial strength88th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 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.

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.

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

£1.0M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£706k

Working capital

Current Assets

£2.5M

Current Liabilities

£1.8M

Fixed Assets

£412k

Debtors

£1.3M

Profit After Tax

£351k

29avg. employees-1

Tax at Year End

Dividends paid£250k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.39+£101k
20241.36+£426k
20231.22-£1.0M
20221.46+£486k
20211.10+£184k
20201.01+£112k
20190.96-£66k
20180.84

Derived from filed accounts. Not audited figures.