Abl London Limited
02646070
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/10/2021
PROJECTS DEVELOPMENT DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 11 other boards
director · Since 05/12/2022
CHARTERED ENGINEER
BRITISH · ENGLAND · Age 42
Also on 1 other board
Persons with Significant Control
Abl Technical Services Holdings Limited
The Northern & Shell Building, 10 Lower Thames Street, London, EC3R 6EN
Reg: 04314186 · United Kingdom · Limited Company
Notified 25/06/2019
Former PSCs
Braemar Technical Services (Holdings) Limited
Ceased 25/06/2019
Abl Group Asa
Ceased 09/04/2026
Charges1 outstanding
HSBC UK BANK PLC AS SECURITY AGENT
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HSBC BANK PLC AS SECURITY AGENT
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 34738+ SIC 74909 peers31
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£13.5M
Annual revenue
Net Worth
-£647k
Balance sheet strength
Cash
£908k
Cash in the bank
Profit Before Tax
-£322k
Bottom line earnings
Net Current Assets
-£750k
Working capital
Current Assets
£23.0M
Current Liabilities
£23.8M
Fixed Assets
£176k
Debtors
£22.1M
Cost of Sales
£11.3M
Gross Profit
£2.2M
Admin Expenses
£2.5M
Operating Profit
-£308k
Profit After Tax
-£217k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.97 |
Derived from filed accounts. Not audited figures.