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Associated Bonded Cables Limited

02481616

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 LECKWITH RD, MERSEYSIDE, L30 6UE
Incorporated 15/03/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Gareth Nigel Jones

director · Since 10/12/2001

OPERATIONS

BRITISH · ENGLAND · Age 57

Mr Peter Campbell

director · Since 13/01/2022

ACCOUNTANT

IRISH · IRELAND · Age 43

Persons with Significant Control

Combilift Ulc

75–100% shares

Combilift, Gallinagh, Monaghan

Reg: 280018 · Ireland · Ulc

Notified 15/12/2019

Former PSCs

Mr Michael John Arnold

Ceased 15/12/2019

Mrs Marjory Patricia Arnold

Ceased 15/12/2019

Charges0 outstanding

charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 23/10/2007Registered 25/10/2007Satisfied 31/07/2020
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/03/2000Registered 29/03/2000Satisfied 31/07/2020
charge
satisfied

VENTURE FINANCE PLC

Created 05/03/1998Registered 06/03/1998Satisfied 20/01/2009

CompanyRankvs 8234+ SIC 32990 peers
48

Financial strength2th percentile among SIC peers · 1/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.41× · 2/20
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 strength1/25 pts

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

Employees15/15 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.

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

Key FinancialsYear ending 31/08/2022

Net Worth

-£186k

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

-£3.0M

Working capital

Current Assets

£2.1M

Current Liabilities

£5.1M

Fixed Assets

£14.0M

Debtors

-£353k

62avg. employees+60

Balance Sheet

Assets less current liabilities£11.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.41-£44k
20210.72

Derived from filed accounts. Not audited figures.