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Absolute Technology Ltd

06255902

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

75 KING WILLIAM STREET ABSOLUTE TECHNOLOGY LIMITED, LONDON, EC4N 7BE
Incorporated 22/05/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
96090
Other personal service activities

Officers

Mrs Claire Louise Townsend

secretary · Since 22/05/2007

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Mrs Claire Louise Townsend

director · Since 22/05/2007

HR MANAGER

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Mr Peter Townsend

director · Since 22/05/2007

IT CONSULTANT

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Peter Townsend

25–50% shares
25–50% votes

British · England · Age 54

75 King William Street, Absolute Technology Limited, London, EC4N 7BE

Notified 22/05/2016

Mrs Claire Louise Townsend

50–75% shares
25–50% votes

British · England · Age 49

75 King William Street, Absolute Technology Limited, London, EC4N 7BE

Notified 22/05/2016

CompanyRankvs 1164+ SIC 62012 peers
85

Financial strength94th percentile among SIC peers · 24/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 11.58× · 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 strength24/25 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 31/05/2025

Net Worth

£385k

Balance sheet strength

Cash

£421k

Cash in the bank

Net Current Assets

£385k

Working capital

Current Assets

£421k

Current Liabilities

£36k

Debtors

£56

2avg. employees

Tax at Year End

Corp tax£31k
VAT£10k

Director Loans

Company owes directors£5k

Balance Sheet

Assets less current liabilities£385k
Signed by Mr Peter Townsend 01/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202511.58+£62k£206k
20247.72+£45k£206k
20237.06+£78k£285k
202216.30+£10k£5k
20216.20+£41k
20206.05+£48k£116k
20194.27£116k

Derived from filed accounts. Not audited figures.