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Able Engineering Products Limited

05722184

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

102 AMOS LANE, WOLVERHAMPTON, WV11 1LZ
Incorporated 27/02/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Derek Leslie Martin B Sc

secretary · Since 27/02/2006

ENGINEER

BRITISH · ENGLAND · Age 82

Mr Derek Leslie Martin B Sc

director · Since 27/02/2006

ENGINEER

BRITISH · ENGLAND · Age 82

Margaret Christina Martin

director · Since 27/02/2006

POWER PRESS OPERATOR

BRITISH · ENGLAND · Age 74

Mr David Malpass

director · Since 01/02/2025

WORKS MANAGER

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Derek Leslie Martin

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

British · England · Age 82

102, Amos Lane, Wolverhampton, WV11 1LZ

Notified 06/04/2016

Mrs Margaret Christina Martin

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

British · England · Age 74

102, Amos Lane, Wolverhampton, WV11 1LZ

Notified 06/04/2016

CompanyRankvs 457+ SIC 25110 peers
80

Financial strength77th percentile among SIC peers · 19/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.29× · 20/20
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 strength19/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£373k

Balance sheet strength

Cash

£270k

Cash in the bank

Net Current Assets

£344k

Working capital

Current Assets

£494k

Current Liabilities

£150k

Fixed Assets

£35k

Debtors

£208k

7avg. employees

Tax at Year End(2023)

Corp tax£27k

Balance Sheet

Intangible assets£3k
Assets less current liabilities£379k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.29-£73k
20243.47+£77k
20234.63+£4k
20224.26+£9k
20214.37—

Derived from filed accounts. Not audited figures.