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Avenue Building Company Limited

03489031

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

SOMERSET HOUSE, REDHILL, RH1 1LU
Incorporated 06/01/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Hayrettin Koã‡Ak

director · Since 13/12/2022

DIRECTOR

TURKISH · NETHERLANDS · Age 45

Mr Eric Van Zuthem

director · Since 13/12/2022

DIRECTOR

DUTCH · NETHERLANDS · Age 58

Persons with Significant Control

Ballast Nedam Uk Ltd

75–100% shares
75–100% votes
Appoint directors

3rd Floor, 70, London, EC3V 0HR

Reg: 14535899 · England · Private Limited Company

Notified 13/12/2022

Former PSCs

Anthony John Perry Pallant

Ceased 13/12/2022

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 01/02/2010Registered 02/02/2010Satisfied 03/10/2022
charge
satisfied

HSBC BANK PLC

Created 23/03/2001Registered 29/03/2001Satisfied 29/07/2006
charge
satisfied

HSBC BANK PLC

Created 21/12/2000Registered 28/12/2000Satisfied 29/07/2006

CompanyRankvs 21151+ SIC 43210 peers
41

Financial strength24th percentile among SIC peers · 6/25
Employees98th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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21151Avenue Building Company Limited
51
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.

Liquidity0/20 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

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 31/12/2022

Net Worth

£100

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Cost of Sales

£3.7M

Admin Expenses

£989k

Profit After Tax

£477k

22avg. employees

Tax at Year End

Dividends paid-£574k

People Costs

Wages & salaries£945k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20223.67+£142k
20213.62—

Derived from filed accounts. Not audited figures.