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Able Foundation

07010023

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

SUITE 5 ROOM2, EXCELSIOR HOUSE, ILFORD, IG1 4HP
Incorporated 04/09/2009

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 13/06/2025

Due 27/06/2026

On track

Industry

87300
Residential care activities for the elderly and disabled
88100
Social work activities without accommodation for the elderly and disabled

Officers

Mr Adeniyi Olawale Marayesa

director · Since 30/09/2014

DIRECTOR

BRITISH · ENGLAND · Age 56

Mr Charles Oladayo Olatunde

director · Since 10/11/2020

SOCIAL CARE MANAGER

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mrs Ololade Funmilayo Oyewole

director · Since 05/11/2023

BUSINESS EXECUTIVE

NIGERIAN · ENGLAND · Age 49

Mr Emeka Godfrey Ogaraku

director · Since 06/11/2023

SOCIAL CARE MANAGER / DIRECTOR

GERMAN · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mr Charles Oladayo Olatunde

Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 51

Suite 5 Room2, Excelsior House, 3 - 5 Balfour Road, Ilford, IG1 4HP

Notified 08/06/2016

CompanyRankvs 3707+ SIC 87300 peers
54

Financial strength59th percentile among SIC peers · 15/25
Employees57th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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3707Able Foundation
54
How is this score calculated?
Financial strength15/25 pts

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

Employees9/15 pts

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

Liquidity0/20 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 30/09/2024

Net Worth

£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£0

Working capital

Current Assets

—

Current Liabilities

£0

Fixed Assets

£5k

2avg. employees-3

Balance Sheet

Assets less current liabilities£5k
Prepared with Companies House

EstimatesDerived

YearImplied Profit
2024-£718
2023+£118
2022-£131
2021+£568
2020+£56

Derived from filed accounts. Not audited figures.