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Able Systems Limited

06258147

active
Private Limited Company
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

DENTON DRIVE, NORTHWICH, CW9 7TU
Incorporated 24/05/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Derek Reginald Way

director · Since 06/06/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Sarah Bridger

director · Since 01/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Michael John Houghton Ba Hons

director · Since 01/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Able Systems Eot Trustee Limited

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

The Copper Room, Deva City Office Park, Manchester, M3 7BG

Reg: 13117208 · England And Wales · Limited Company

Notified 24/02/2021

Former PSCs

Derek Reginald Way

Ceased 24/02/2021

Charges1 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 23/07/2020Registered 23/07/2020
charge
satisfied

PROVIDENT CAPITAL INDEMNITY LIMITED

Created 02/04/2008Registered 21/04/2008Satisfied 06/05/2016
charge
satisfied

GE COMMERCIAL FINANCE LIMITED

Created 02/04/2008Registered 12/04/2008Satisfied 06/05/2016

CompanyRankvs 257+ SIC 26110 peers
65

Financial strength83th percentile among SIC peers · 21/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.34× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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257Able Systems Limited
75
How is this score calculated?
Financial strength21/25 pts

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

Employees4/15 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 30/06/2025

Net Worth

£779k

Balance sheet strength

Cash

£293k

Cash in the bank

Net Current Assets

£754k

Working capital

Current Assets

£1.1M

Current Liabilities

£322k

Fixed Assets

£32k

Debtors

£252k

0avg. employees

Tax at Year End

Corp tax£56k

Balance Sheet

Intangible assets£0
Assets less current liabilities£786k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.34+£0
20253.34-£10k
20244.46-£142k
20233.54+£12k
20222.48+£229k
20213.02-£768k
20205.56+£345k
20194.62—

Derived from filed accounts. Not audited figures.