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Ablex International Limited

02960279

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

11 BRINDLEY PLACE, BIRMINGHAM, B1 2LP
Incorporated 19/08/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Parminder Singh Jhutti

director · Since 01/07/1995

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 75

Mrs Nirmal Kaur Jhutti

director · Since 28/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 70

Persons with Significant Control

Mr Parminder Singh Jhutti

25–50% shares
25–50% votes

British · England · Age 75

11 Brindley Place, 2 Brunswick Square, Birmingham, B1 2LP

Notified 06/04/2016

Mrs Nirmal Kaur Jhutti

25–50% shares
25–50% votes

British · England · Age 70

11 Brindley Place, 2 Brunswick Square, Birmingham, B1 2LP

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

INTERBAY FUNDING, LTD.

Created 11/04/2024Registered 11/04/2024
Charge
satisfied

LENDINVEST BTL LIMITED

Created 19/10/2020Registered 27/10/2020Satisfied 25/01/2024
Charge
satisfied

LENDINVEST BTL LIMITED

Created 19/10/2020Registered 27/10/2020Satisfied 25/01/2024
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 19/10/2020Registered 26/10/2020
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 19/10/2020Registered 23/10/2020
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 19/10/2020Registered 21/10/2020
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/08/2010Registered 11/08/2010Satisfied 14/07/2020
charge
satisfied

BARCLAYS BANK PLC

Created 01/04/1996Registered 04/04/1996Satisfied 17/09/2010

CompanyRankvs 6864+ SIC 41100 peers
65

Financial strength91th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.19× · 12/20
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 strength23/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/10/2024

Net Worth

£629k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£232k

Current Liabilities

£194k

Fixed Assets

£3.5M

2avg. employees

Balance Sheet

Assets less current liabilities£3.6M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.19-£584k
20231.40-£369k
2022114.82-£15k
202149.83-£49k
202040.02+£1.5M
20191.79-£164k
20182.24

Derived from filed accounts. Not audited figures.