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Able Lifting Equipment (Southern) Limited

02530653

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNITS 6 & 7 SOVEREIGN BUSINESS PARK, POOLE, BH15 3TB
Incorporated 14/08/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Mark Howard Dunning

director · Since 28/02/1992

LIFTING EQUIPMENT

BRITISH · UNITED KINGDOM · Age 60

Mrs Lorraine Anne Newton

secretary · Since 09/08/1996

BRITISH

Mrs Maisie Josephine Scrimshaw

secretary · Since 22/05/2025

Mr Simon Terry Dunning

director · Since 22/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Mark Howard Dunning

25–50% shares

British · England · Age 60

Units 6 & 7 Sovereign Business Park, Willis Way, Poole, BH15 3TB

Notified 01/07/2016

Mrs Lorraine Anne Newton

25–50% shares

British · England · Age 62

Units 6 & 7 Sovereign Business Park, Willis Way, Poole, BH15 3TB

Notified 01/07/2016

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 27/08/2005Registered 10/09/2005Satisfied 04/03/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/05/1993Registered 12/05/1993Satisfied 04/03/2024

CompanyRankvs 53+ SIC 28220 peers
83

Financial strength83th percentile among SIC peers · 21/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.57× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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53Able Lifting Equipment (Southern) Limited
83
How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.7M

Current Liabilities

£477k

Fixed Assets

£161k

Debtors

£529k

15avg. employees-1

Balance Sheet

Assets less current liabilities£1.4M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20243.57+£306k
20232.72+£297k
20222.42+£164k
20212.46—

Derived from filed accounts. Not audited figures.