Absl Power Solutions Ltd
02840892
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/02/2017
VICE PRESIDENT FINANCE, AMERICAS
BRITISH · UNITED STATES · Age 60
Persons with Significant Control
Enersys Holdings Uk Ltd
Enersys Holdings Uk Ltd, Stephenson Street, Newport, NP19 4XJ
Reg: 04388106 · United Kingdom Companies House · Limited By Shares
Notified 06/04/2016
Charges0 outstanding
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CompanyRankvs 53+ SIC 27200 peers54
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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
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
Key FinancialsYear ending 31/03/2025
Net Worth
£12.3M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£59k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£6.1M
Debtors
£13.7M
Cost of Sales
£5.8M
Admin Expenses
£1.7M
Profit After Tax
£197k
Tax at Year End
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2024 | — | +£2.7M |
| 2022 | 2.03 | — |
Derived from filed accounts. Not audited figures.