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Absolute Solvents Limited

03942090

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

K5 THE COURTYARD JENSON AVENUE, FROME, BA11 2FG
Incorporated 07/03/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Ms Alison Gardner

secretary · Since 07/03/2000

CHEMICAL TRADING

BRITISH · UNITED KINGDOM · Age 67

Also on 17 other boards

Ms Alison Gardner

director · Since 07/03/2000

CHEMICAL TRADING

BRITISH · UNITED KINGDOM · Age 67

Also on 17 other boards

Mr Paul Kevin Gardner

director · Since 07/03/2000

CHEMICAL TRADING

BRITISH · UNITED KINGDOM · Age 69

Also on 2 other boards

Persons with Significant Control

As Group Holdings Limited

75–100% shares
75–100% votes

K5 The Courtyard Jenson Avenue, Jenson Avenue, Frome, BA11 2FG

Reg: 12768676 · United Kingdom · Company Limited By Shares

Notified 01/04/2021

Former PSCs

Ms Alison Gardner

Ceased 01/04/2021

Mr Paul Kevin Gardner

Ceased 01/04/2021

Charges3 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 20/06/2012Registered 21/06/2012Satisfied 07/02/2025
charge
outstanding

LLOYDS TSB BANK PLC

Created 11/04/2011Registered 14/04/2011
charge
outstanding

LLOYDS TSB BANK PLC

Created 30/11/2001Registered 12/12/2001
charge
outstanding

LLOYDS TSB BANK PLC

Created 14/12/2000Registered 19/12/2000

CompanyRankvs 65+ SIC 38320 peers
75

Financial strength91th percentile among SIC peers · 23/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.82× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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65Absolute Solvents 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 31/03/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£3.3M

Current Liabilities

£1.2M

Fixed Assets

£1.3M

Debtors

£3.2M

10avg. employees-8

Balance Sheet

Assets less current liabilities£3.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.82+£85k
20232.68+£385k
20222.19+£284k
20212.41+£275k
20201.33+£320k
20190.95—

Derived from filed accounts. Not audited figures.