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Abca Systems Limited

06294877

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

COBALT 8 14 SILVER FOX WAY, NEWCASTLE UPON TYNE, NE27 0QJ
Incorporated 27/06/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Philip James Miller

director · Since 31/07/2009

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 46

Also on 4 other boards

Mr Christopher Lyle Scott

director · Since 22/02/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 8 other boards

Mr Philip Batson

secretary · Since 13/05/2021

Mr Philip Alan Batson

director · Since 13/05/2021

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 7 other boards

Mr Ali Khanbhai

director · Since 13/05/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 10 other boards

Persons with Significant Control

Abca Systems Group Limited

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

Unit 24, Mylord Crescent Camperdown Industrial Estate, Newcastle Upon Tyne, NE12 5UJ

Reg: 12500353 · Companies House · Limited Company

Notified 10/03/2020

Former PSCs

Mr Peter Miller

Ceased 10/07/2018

Mr Philip James Miller

Ceased 10/03/2020

Mr Peter Christopher Miller

Ceased 10/03/2020

Mrs Laureatte Miller

Ceased 10/03/2020

Mr Peter Christopher Miller

Ceased 10/03/2020

Mr Philip James Miller

Ceased 10/03/2020

Charges1 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)

Created 09/07/2025Registered 17/07/2025
Charge
satisfied

SANTANDER UK PLC

Created 13/05/2021Registered 19/05/2021Satisfied 17/07/2025
Charge
satisfied

ULTIMATE INVOICE FINANCE LIMITED

Created 17/08/2016Registered 19/08/2016Satisfied 01/03/2021
charge
satisfied

LLOYDS TSB BANK PLC

Created 31/07/2009Registered 12/08/2009Satisfied 18/07/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 28/04/2009Registered 02/05/2009Satisfied 18/07/2022

CompanyRankvs 238+ SIC 43210 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

The directors are confident that these uncertainties do not cast significant doubt over the group’s ability to continue as a going concern. Based on the factors set out above, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. Disabled persons Applications for employmen

Key FinancialsYear ending 30/09/2024

Net Worth

£15.8M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

£4.5M

Bottom line earnings

Net Current Assets

£16.8M

Working capital

Current Assets

£24.5M

Current Liabilities

£7.7M

Fixed Assets

£288k

Debtors

£20.8M

Cost of Sales

£25.1M

Admin Expenses

£10.1M

Profit After Tax

£3.4M

263avg. employees+30

Tax at Year End

Corp tax£369k

People Costs

Wages & salaries£9.5M

Balance Sheet

Intangible assets£0
Assets less current liabilities£17.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.17+£3.4M
20232.65+£2.3M
20222.92+£1.4M
20202.70+£2.3M
20192.23

Derived from filed accounts. Not audited figures.