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Acedent Limited

04449365

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

416 GREEN LANE, ESSEX, IG3 9JX
Incorporated 28/05/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Avtar Singh Panesar

director · Since 15/03/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Rattan Kaur Panesar

secretary · Since 01/07/2006

BRITISH · Age 73

Also on 1 other board

Persons with Significant Control

Mr Avtar Panesar

Significant control

British · England · Age 46

416 Green Lane, Essex, IG3 9JX

Notified 06/04/2016

CompanyRankvs 15720+ SIC 45200 peers
60

Financial strength0th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.8× · 16/20
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 strength0/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 30/11/2024

Net Worth

-£427k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£127k

Working capital

Current Assets

£181k

Current Liabilities

£100k

Fixed Assets

£45k

11avg. employees-14

Balance Sheet

Assets less current liabilities£172k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.80-£823k
20230.33-£23k
20220.31+£103k
20211.57

Derived from filed accounts. Not audited figures.