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Absolute Cad Designs Limited

06919095

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

FLEX OFFICE SPACE UNITS 28 - 29 IST FLOOR, OLDBURY, B69 3ES
Incorporated 29/05/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71111
Architectural activities

Officers

Mr Surjit Singh Klair

director · Since 01/06/2009

DESIGN ENGINEER

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mrs Amerjit Klair

secretary · Since 27/02/2015

Persons with Significant Control

Mr Surjit Singh Klair

50–75% shares
50–75% votes
Appoint directors

British · England · Age 47

Flex Office Space, Units 28 - 29 Ist Floor, Oldbury, B69 3ES

Notified 29/05/2017

CompanyRankvs 4282+ SIC 71111 peers
70

Financial strength79th percentile among SIC peers · 20/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.97× · 6/20
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 strength20/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

£46k

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£75k

Current Liabilities

£77k

Fixed Assets

£48k

Debtors

£17k

11avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97-£10k
20240.99-£56k
20231.95

Derived from filed accounts. Not audited figures.