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Avingmen Limited

02231015

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

THE MALTHOUSE, TAUNTON, TA4 3AF
Incorporated 16/03/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mr Robert Bruce Barnes

secretary · Since 11/08/1991

UNITED KINGDOM · ENGLAND · Age 73

Also on 3 other boards

Mrs Christine Barnes

director · Since 11/08/1991

HOUSEWIFE

BRITISH · UNITED KINGDOM · Age 74

Mr Robert Bruce Barnes

director · Since 11/08/1991

CORPORATE FINANCE EXECUTIVE

BRITISH · ENGLAND · Age 73

Also on 3 other boards

Persons with Significant Control

Mr Robert Bruce Barnes

75–100% shares

United Kingdom · England · Age 73

The Malthouse, Taunton, TA4 3AF

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

DAMIK LIMITED

Created 12/08/1994Registered 18/08/1994
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/12/1990Registered 11/12/1990

CompanyRankvs 184+ SIC 70221 peers
75

Financial strength96th percentile among SIC peers · 24/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 11.4× · 20/20
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 strength24/25 pts

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

Employees11/15 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 31/08/2025

Net Worth

£547k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£31k

Working capital

Current Assets

£34k

Current Liabilities

£3k

Fixed Assets

£515k

Debtors

£1k

2avg. employees

Tax at Year End

Corp tax£2k

Director Loans(2019)

Company owes directors£1k

Balance Sheet

Assets less current liabilities£547k
Signed by Mr Robert Barnes 24/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202511.40+£8k
20241.19+£3k
20232.03+£5k
20222.34+£143
20212.49+£18k
20201.01+£16k
20190.61+£14k
20180.19

Derived from filed accounts. Not audited figures.