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Abaca Ltd

04266862

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UNIT 1 TY CROES BUSINESS PARK, AMMANFORD, SA18 3RD
Incorporated 08/08/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31030
Manufacture of mattresses

Officers

Mrs Elizabeth Rhiannon Rowley

director · Since 01/09/2004

MANAGER

BRITISH · WALES · Age 72

Also on 2 other boards

Mrs Rebecca Davies

director · Since 30/09/2014

PRODUCTION MANAGER

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mrs Rebecca Davies

25–50% shares

British · United Kingdom · Age 42

Unit 1, Ty Croes Business Park, Ammanford, SA18 3RD

Notified 06/04/2016

Mrs Elizabeth Rhiannon Rowley

25–50% shares

British · Wales · Age 72

Unit 1, Ty Croes Business Park, Ammanford, SA18 3RD

Notified 06/04/2016

CompanyRankvs 180+ SIC 31030 peers
43

Financial strength5th percentile among SIC peers · 1/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/08/2024

Net Worth

-£79k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£65k

Current Liabilities

£143k

Fixed Assets

£27k

Debtors

£32k

4avg. employees-1

Tax at Year End

VAT£4k

Director Loans

Company owes directors£26k

Balance Sheet

Assets less current liabilities-£51k
Signed by Ms Rebecca Davies 28/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.45+£35k£90k
20230.32-£47k£40k
20220.54+£65k£38k
20210.48+£43k£45k
20200.29+£9k£183k
20190.14-£5k£205k
20180.10£75k

Derived from filed accounts. Not audited figures.