Absolute Engineering Limited
05267572
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 15/10/2025
Due 29/10/2026
Industry
Officers
director · Since 05/11/2004
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 1 other board
director · Since 31/07/2013
PRESIDENT - PAMARCO GLOBAL GRAPHICS FLEX
BRITISH · UNITED STATES · Age 66
Also on 1 other board
director · Since 31/07/2013
BUSINESS FINANCE AND MANAGEMENT
AMERICAN · UNITED STATES · Age 61
Also on 1 other board
Persons with Significant Control
Mr Antony Whiteside
British · England · Age 60
Unit 5, Standback Way, Huddersfield, HD8 9GA
Notified 06/04/2016
Mr John Christopher Burgess
British · United States · Age 66
Unit 5, Standback Way, Huddersfield, HD8 9GA
Notified 06/04/2016
Mr Douglas Scott Johnson
American · United States · Age 61
Unit 5, Standback Way, Huddersfield, HD8 9GA
Notified 06/04/2016
Pamarco Europe Ltd
Unit 3, New Cut Lane, Warrington, WA1 4AQ
Reg: 02684327 · Companies House · Limited Company
Notified 06/04/2016
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 966+ SIC 28990 peers46
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern The directors have assessed the company's ability to continue as a going concern, considering the current year loss of £1,170,766, the available of working capital, and its future f
Key FinancialsYear ending 31/12/2024
Net Worth
£1.3M
Balance sheet strength
Cash
£89k
Cash in the bank
Net Current Assets
£778k
Working capital
Current Assets
£2.8M
Current Liabilities
£2.1M
Fixed Assets
£650k
Debtors
£1.6M
Profit After Tax
£545k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.38 | -£1.2M |
| 2023 | 2.78 | +£462k |
| 2022 | 2.17 | +£566k |
| 2021 | 1.63 | +£724k |
| 2020 | 1.21 | -£571k |
| 2019 | 1.97 | — |
Derived from filed accounts. Not audited figures.