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Able Finance & Loans Limited

05782762

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

16 WESTGATE, GRANTHAM, NG31 6LT
Incorporated 18/04/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64921
64921

Officers

Mr Paul Leon Maywood

director · Since 18/04/2006

MANAGER

BRITISH · ENGLAND · Age 73

Also on 2 other boards

Mr Wayne Alexander Barrett

director · Since 09/05/2019

COMPLIANCE MANAGER

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Wayne Alexander Barrett

25–50% shares
25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · England · Age 51

16, Westgate, Grantham, NG31 6LT

Notified 11/03/2025

Mr Paul Leon Maywood

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

British · England · Age 73

Silver Birch, Archers Way, Grantham, NG33 5DS

Notified 18/05/2026

Former PSCs

Mr Paul Leon Maywood

Ceased 18/05/2026

CompanyRankvs 174+ SIC 64921 peers
73

Financial strength66th percentile among SIC peers · 17/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.86× · 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 strength17/25 pts

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

Employees10/15 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 31/03/2025

Net Worth

£74k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£101k

Current Liabilities

£54k

Fixed Assets

£28k

Debtors

£96k

2avg. employees-1

Tax at Year End(2022)

Corp tax£1k

Director Loans

Company owes directors£44k

Balance Sheet

Intangible assets£23k
Assets less current liabilities£75k
Signed by Mr PAUL MAYWOOD 11/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.86-£11k
20242.47-£8k
20232.86-£11k
20222.72+£5k
20212.61

Derived from filed accounts. Not audited figures.