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Absolute Garments Limited

04768508

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

32 BYRON HILL ROAD, MIDDLESEX, HA2 0HY
Incorporated 18/05/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear

Officers

Mr Alan Silver

secretary · Since 18/05/2003

BRITISH · Age 77

Also on 14 other boards

Mr Mohammad Tousif Khan

director · Since 18/05/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 6 other boards

Persons with Significant Control

Mr Mohammad Tousif Khan

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

British · United Kingdom · Age 69

32 Byron Hill Road, Middlesex, HA2 0HY

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/05/2013Registered 23/05/2013Satisfied 15/07/2015
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/04/2013Registered 11/04/2013

CompanyRankvs 243+ SIC 46420 peers
77

Financial strength99th percentile among SIC peers · 25/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 7.85× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£5.8M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

£5.8M

Working capital

Current Assets

£6.6M

Current Liabilities

£844k

Fixed Assets

£21k

Debtors

£4.2M

3avg. employees

Tax at Year End(2018)

Corp tax£95k

Director Loans(2018)

Company owes directors£315

Balance Sheet

Intangible assets£13k
Assets less current liabilities£5.8M
Signed by M Khan 10/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.85+£456k
20236.45+£479k
20224.43+£131k
20213.57+£295k
20202.96+£368k
20193.09+£513k
20183.34

Derived from filed accounts. Not audited figures.