Back to search

Absolute K Limited

05650603

active
Private Limited Company
england wales
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

96 CHORLEY NEW ROAD, BOLTON, BL1 4DH
Incorporated 09/12/2005

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/11/2025

Due 22/11/2026

On track

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Paul Ian Whalley

secretary · Since 09/12/2005

CO DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Mr Jayesh Patel

director · Since 09/12/2005

CO DIRECTOR

BRITISH · ENGLAND · Age 40

Mr Paul Ian Whalley

director · Since 09/12/2005

CO DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Persons with Significant Control

Mr Paul Ian Whalley

25–50% shares
25–50% votes
Appoint directors

British · England · Age 48

96, Chorley New Road, Bolton, BL1 4DH

Notified 01/11/2016

Mr Jayesh Patel

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

96, Chorley New Road, Bolton, BL1 4DH

Notified 22/09/2021

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/04/2016Registered 15/04/2016

CompanyRankvs 629+ SIC 43220 peers
77

Financial strength95th percentile among SIC peers · 24/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1F.R. Scott Limited
90
2Maracom Limited
90
3Fred Stoddart Limited
90
4Arnold James (St. Albans) Limited
90
5K.F.Bartlett Limited
90
6Fred Margarson Limited
90
7R.C.Cook & Co.Limited
90
8William Bailey Limited
90
9Aircon-Refrigeration Limited
90
10R.H.F.Heating Company Limited
90
629Absolute K Limited
87
How is this score calculated?
Financial strength24/25 pts

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

Employees13/15 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

£299k

Balance sheet strength

Cash

£146k

Cash in the bank

Net Current Assets

£102k

Working capital

Current Assets

£184k

Current Liabilities

£81k

Fixed Assets

£214k

Debtors

£19k

4avg. employees+1

Balance Sheet

Assets less current liabilities£316k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.26-£15k
20232.69+£345k
20211.30+£79k
20200.69-£57k
20191.37-£55k
20181.08—

Derived from filed accounts. Not audited figures.