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Ableworld (Uk) Limited

04048285

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

STAPELEY TECHNOLOGY PARK, STAPELEY, CW5 7JW
Incorporated 07/08/2000

Compliance

Last accounts

31/08/2024

medium

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 21/07/2025

Due 04/08/2026

On track

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Michael James Williams

director · Since 07/08/2000

EXECUTIVE

BRITISH · ENGLAND · Age 75

Also on 9 other boards

Mr Neil Derek Cox

secretary · Since 01/11/2013

Also on 12 other boards

Mr Neil Derek Cox

director · Since 01/11/2013

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 12 other boards

Tonya Louise Page

director · Since 01/02/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Kenneth Edward Deary Ba Hons Fcca

director · Since 01/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 21 other boards

Mr Anthony Leavy

director · Since 01/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Ableworld Holdings (Uk) Limited

75–100% shares
75–100% votes
Appoint directors

Stapeley Technology Park, London Road, Stapeley, CW5 7JW

Reg: 08930697 · Register Of Companies · Limited

Notified 28/02/2025

Former PSCs

Mr Michael James Williams

Ceased 28/02/2025

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK

Created 15/09/2017Registered 26/09/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/08/2017Registered 01/09/2017
charge
satisfied

HSBC BANK PLC

Created 05/07/2001Registered 12/07/2001Satisfied 07/12/2004
charge
satisfied

HSBC BANK PLC

Created 02/07/2001Registered 12/07/2001Satisfied 01/10/2002

CompanyRankvs 784+ SIC 47789 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity12/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/08/2024

Turnover

£22.4M

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£491k

Cash in the bank

Profit Before Tax

£72k

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£5.4M

Current Liabilities

£3.9M

Fixed Assets

£1.8M

Debtors

£1.4M

Cost of Sales

£11.5M

Gross Profit

£10.8M

Admin Expenses

£10.9M

Operating Profit

£240k

Profit After Tax

-£44k

198avg. employees+10

Tax at Year End

Corp tax£72k

People Costs

Wages & salaries£5.1M
NI contributions£502k

Balance Sheet

Intangible assets£558k
Assets less current liabilities£3.4M
Signed by Mr. N D Cox 30 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.39-£44k
20231.30-£77k
20221.35-£72k
20211.61+£392k
20201.48+£366k
20191.08+£131k
20181.31

Derived from filed accounts. Not audited figures.