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Able Contracts Limited

02645346

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

CROWN WORKS, FAILSWORTH, M35 9BD
Incorporated 12/09/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Craig Philip Wilde

director · Since 12/09/1991

SHOPFITTER

ENGLISH · ENGLAND · Age 64

Also on 4 other boards

Mr Craig Philip Wilde

secretary · Since 02/11/1992

SHOPFITTER

BRITISH · ENGLAND · Age 64

Also on 4 other boards

Mr Steven Ronald Wilde

director · Since 01/09/1993

BUYER

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mr Steven Ronald Wilde

Significant control

British · England · Age 60

Crown Works, Failsworth, M35 9BD

Notified 06/09/2016

Mr Craig Philip Wilde

Significant control

British · England · Age 64

Crown Works, Failsworth, M35 9BD

Notified 06/09/2016

Charges1 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 30/11/1994Registered 08/12/1994

CompanyRankvs 6056+ SIC 43290 peers
59

Financial strength84th percentile among SIC peers · 21/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.95× · 6/20
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 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.

Liquidity6/20 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 31/12/2024

Net Worth

£83k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£150k

Current Liabilities

£158k

Fixed Assets

£91k

3avg. employees

Balance Sheet

Assets less current liabilities£83k
Signed by Mr Craig Wilde 11th June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95+£17k
20231.32+£25k
20220.87-£20k
20212.19+£25k
20201.31+£25k
20190.93+£21k
20180.67—

Derived from filed accounts. Not audited figures.