Ability Engineering Limited
03639900
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/04/1999
CONSULTANT
UNITED KINGDOM · ENGLAND · Age 64
Also on 1 other board
secretary · Since 01/06/2006
MANAGEMENT CONSULTANCY
BRITISH · UNITED KINGDOM · Age 64
Also on 5 other boards
director · Since 28/02/2011
IT CONSULTANT
BRITISH · UNITED KINGDOM · Age 64
Also on 5 other boards
Persons with Significant Control
Mr Ian Edward Mitchell
British · Wales · Age 64
527, Moseley Road, Birmingham, B12 9BU
Notified 06/04/2016
Mrs Jacqueline Anne Mitchell
British · Wales · Age 64
527, Moseley Road, Birmingham, B12 9BU
Notified 06/04/2016
CompanyRankvs 58363+ SIC 70229 peers65
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
£163k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£40k
Working capital
Current Assets
£125k
Current Liabilities
£164k
Fixed Assets
£203k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.76 | -£77k |
| 2023 | 5.24 | -£13k |
| 2022 | 7.13 | -£23k |
| 2021 | 1.35 | +£15k |
| 2020 | 1.24 | +£6k |
| 2019 | 1.30 | -£2k |
| 2018 | 1.28 | — |
Derived from filed accounts. Not audited figures.