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Abel Magnets Limited

03671776

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O HENRY BRAMALL & CO LTD UNIT 8, ACORN BUSINESS PARK, SHEFFIELD, S8 0TB
Incorporated 23/11/1998

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 09/05/2026

Due 23/05/2027

On track

Industry

32990
Other manufacturing

Officers

Mr Paul Anthony Satinoff

secretary · Since 23/11/1998

BUSINESS MANAGER

BRITISH · UNITED KINGDOM · Age 80

Also on 21 other boards

Mr Paul Anthony Satinoff

director · Since 23/11/1998

NON-EXEC DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 21 other boards

Mark Geoffrey Brookes

director · Since 15/06/1999

EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 52

Mr John Alan Brookes

director · Since 17/07/2003

PRODUCTION DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Mr Nathan Jon Dodsworth

director · Since 17/06/2021

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mr Mark Geoffrey Brookes

25–50% shares
25–50% votes

British · England · Age 52

C/O Henry Bramall & Co Ltd, Unit 8, Acorn Business Park, Sheffield, S8 0TB

Notified 23/11/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 06/07/2000Registered 13/07/2000

CompanyRankvs 822+ SIC 32990 peers
75

Financial strength91th percentile among SIC peers · 23/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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822Abel Magnets Limited
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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.

Employees12/15 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.

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 31/03/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£549k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.5M

Current Liabilities

£282k

Fixed Assets

£83k

Debtors

£464k

9avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20255.17-£11k
20245.00+£37k
20236.26+£58k
20224.45+£122k
20214.70+£121k
20205.96+£56k
20195.31—

Derived from filed accounts. Not audited figures.