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Abacus High Quality Painters & Decorators Limited

03907422

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

6 MARSH PARADE, NEWCASTLE, ST5 1DU
Incorporated 17/01/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Victor Niemczyk

director · Since 03/04/2000

PAINTER AND DECORATOR

BRITISH · ENGLAND · Age 60

Sandra Niemczyk

secretary · Since 14/03/2003

BRITISH · Age 60

Persons with Significant Control

Mr Victor Niemczyk

75–100% shares

British · England · Age 60

6, Marsh Parade, Newcastle, ST5 1DU

Notified 17/01/2017

CompanyRankvs 887+ SIC 43341 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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887Abacus High Quality Painters & Decorators Limited
77
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.

Employees4/15 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 31/03/2025

Net Worth

£107k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£88k

Current Liabilities

£32k

Fixed Assets

£65k

1avg. employees

Tax at Year End(2023)

Corp tax£14k
Dividends paid£25k

Balance Sheet

Assets less current liabilities£124k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20252.73+£35k
20242.58-£15k
20232.42+£42k
20221.28+£16k
20210.84+£3k
20201.00+£7k
20190.65—

Derived from filed accounts. Not audited figures.