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Able Construction (Northern) Limited

03393672

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

PARK WORKS, FELLING GATESHEAD, NE10 9LR
Incorporated 27/06/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Kenneth Parkin

director · Since 04/04/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Persons with Significant Control

Able Holdings (Northern) Limited

75–100% shares
75–100% votes

Park Works, Sunderland Road, Gateshead, NE10 9LR

Reg: 05214430 · Companies House · Private Company Limited By Shares

Notified 06/04/2016

Mr Kenneth Parkin

Appoint directors

British · United Kingdom · Age 63

Park Works, Sunderland Road, Gateshead, NE10 9LR

Notified 04/04/2025

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 25/02/2014Registered 04/03/2014Satisfied 30/07/2023

CompanyRankvs 5866+ SIC 43390 peers
71

Financial strength23th percentile among SIC peers · 6/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.32× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 pts

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

Employees15/15 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 31/07/2025

Net Worth

£2

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£2.5M

Working capital

Current Assets

£3.5M

Current Liabilities

£1.1M

Fixed Assets

£12k

Debtors

£2.0M

16avg. employees+3

Balance Sheet

Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.32
20243.31+£125k
20234.19+£54k
20224.28+£261k
20213.82

Derived from filed accounts. Not audited figures.