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Able Joinery Ltd

04561716

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)
  • Current liabilities exceed current assets (-10)

Details

UNIT 9 RADIUM WORKS, ALTRINCHAM, WA14 1LZ
Incorporated 14/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mrs Kim Margaret Reed

secretary · Since 14/10/2002

NONE

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Mr Karl Reed

director · Since 14/10/2002

NONE

BRITISH · UNITED KINGDOM · Age 63

Mrs Kim Margaret Reed

director · Since 14/10/2002

NONE

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Persons with Significant Control

Mrs Kim Margaret Reed

25–50% shares

British · United Kingdom · Age 58

Unit 9 Radium Works, Bridgewater Road, Altrincham, WA14 1LZ

Notified 06/04/2016

Mr Karl Reed

25–50% shares

British · United Kingdom · Age 63

Unit 9 Radium Works, Bridgewater Road, Altrincham, WA14 1LZ

Notified 06/04/2016

CompanyRankvs 3866+ SIC 43320 peers
68

Financial strength85th percentile among SIC peers · 21/25
Employees5th percentile among SIC peers · 1/15
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 strength21/25 pts

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

Employees1/15 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 30/09/2024

Net Worth

£74k

Balance sheet strength

Cash

£73k

Cash in the bank

Net Current Assets

£53k

Working capital

Current Assets

£120k

Current Liabilities

£66k

Fixed Assets

£26k

Debtors

£9k

-7avg. employees
Prepared with v2025.32.1 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20241.80-£13k
20231.71-£28k
20221.68+£57k
20211.32+£47k
20201.01-£1k
20190.99-£17k
20181.09

Derived from filed accounts. Not audited figures.