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Absolute Financial Software Solutions (Afss) Limited

06644262

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

ABILITY HOUSE, WALTHAM ABBEY, EN9 1JH
Incorporated 11/07/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Vincent Aning Santeng

director · Since 11/07/2008

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 59

Also on 7 other boards

Mr Sarah Santeng

director · Since 01/07/2009

SOCIAL CAREER

BRITISH · ENGLAND · Age 59

Mrs Sarah Santeng

secretary · Since 11/07/2010

Persons with Significant Control

Mr Vincent Aning Santeng

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

British · United Kingdom · Age 59

Ability House, 121 Brooker Road, Waltham Abbey, EN9 1JH

Notified 01/07/2016

CompanyRankvs 21431+ SIC 62012 peers
55

Financial strength6th percentile among SIC peers · 2/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.44× · 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 strength2/25 pts

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

Employees3/15 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 31/07/2025

Net Worth

-£58k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£187k

Working capital

Current Assets

£263k

Current Liabilities

£77k

Fixed Assets

£45k

Debtors

£262k

0avg. employees

Balance Sheet

Assets less current liabilities£231k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20253.44-£448
20243.73+£11k
20234.46-£140k
20220.81+£4k
20210.57+£12k
20200.55+£25k
20190.67+£0
20180.64

Derived from filed accounts. Not audited figures.