Able Engineering Limited
02192690
Healthy
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
unaudited abridged
Next accounts due
30/09/2026
Confirmation statement
Last: 16/07/2026
Due 30/07/2027
Industry
Officers
Persons with Significant Control
Mr Gordon James Foreman
British · England · Age 79
1, Hamlin Way, King's Lynn, PE30 4NG
Notified 20/08/2024
Mr Ian Andrew Foreman
British · England · Age 77
1, Hamlin Way, King's Lynn, PE30 4NG
Notified 04/09/2026
Former PSCs
Mr Gordon James Foreman
Ceased 20/08/2024
Charges2 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 318+ SIC 25620 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2025
Net Worth
£406k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£179k
Working capital
Current Assets
£336k
Current Liabilities
£156k
Fixed Assets
£237k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.15 | +£60k |
| 2024 | 2.04 | +£23k |
| 2023 | 1.84 | — |
Derived from filed accounts. Not audited figures.