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Abstract Securities Limited

03949990

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

10 ROSE AND CROWN YARD, LONDON, SW1Y 6RE
Incorporated 14/03/2000

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/01/2026

Due 07/02/2027

On track

Industry

68320
Management of real estate on a fee or contract basis
70100
Activities of head offices

Officers

Mr Mark Lewis Glatman Lcb

director · Since 14/03/2000

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 57 other boards

Mrs Stephanie Miles

secretary · Since 31/01/2003

BRITISH · UNITED KINGDOM · Age 53

Also on 33 other boards

Mrs Stephanie Miles

director · Since 09/07/2004

ACCOUNTANT

BRITISH · ENGLAND · Age 53

Also on 33 other boards

Mr Christopher John Mcpherson

director · Since 04/11/2011

DEVELOPMENT DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 12 other boards

Mr John Alexander Charles Kirkland

director · Since 18/02/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Mark Lewis Glatman

25–50% shares

British · England · Age 69

10 Rose And Crown Yard, King Street, London, SW1Y 6RE

Notified 06/04/2016

Mr John Alexander Charles Kirkland

25–50% shares

British · England · Age 46

10 Rose And Crown Yard, King Street, London, SW1Y 6RE

Notified 18/07/2019

Former PSCs

Mr John Alexander Charles Kirkland

Ceased 16/05/2019

Mr John Nigel Kirkland

Ceased 16/05/2019

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/09/2004Registered 30/09/2004Satisfied 04/08/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/04/2003Registered 17/04/2003Satisfied 04/08/2007

CompanyRankvs 63+ SIC 68320 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.78× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

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

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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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 31/12/2024

Net Worth

£7.6M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

£3.9M

Working capital

Current Assets

£6.2M

Current Liabilities

£2.2M

Fixed Assets

£2.6M

Debtors

£1.6M

Cost of Sales

£303k

Admin Expenses

£3.1M

Profit After Tax

-£2.0M

9avg. employees

Tax at Year End(2023)

Corp tax£0
Dividends paid-£500k

People Costs

Wages & salaries£1.9M

Balance Sheet

Intangible assets£5k
Bank loans & overdrafts£490k
Assets less current liabilities£4.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20242.78
202332.84

Derived from filed accounts. Not audited figures.