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Abundance Investment Ltd

07049166

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

HAMILTON HOUSE, LONDON, WC1H 9BB
Incorporated 19/10/2009

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/10/2025

Due 19/10/2026

On track

Industry

62012
Business and domestic software development
63120
Web portals
64999
Other financial service activities
70229
Management consultancy activities

Officers

Mr Bruce Michael Davis

director · Since 19/10/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Mr Karl Harder

director · Since 19/10/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Mr William Richard Jones Bsc

director · Since 04/08/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mr Mark Damon Taylor

director · Since 04/08/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Ms Cara Louise Wilson

director · Since 21/10/2010

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Mrs Lara Trinder

secretary · Since 30/09/2018

Persons with Significant Control

Former PSCs

Mr Karl Harder

Ceased 05/10/2018

Ms Cara Louise Wilson

Ceased 05/10/2018

CompanyRankvs 369+ SIC 62012 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 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

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

Going Concern Doubt

and profits to be generated in the coming years. The directors have no reason to believe that a material uncertainty exists that may cast doubt on the ability of the company to continue as a going concern. Page 3 ABUNDANCE INVESTMENT LTD DIRECTORS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020 Future developments The company intends to continue to make prudent investments in growing the b

Key FinancialsYear ending 31/12/2020

Turnover

£1.4M

Annual revenue

Net Worth

£1.2M

Balance sheet strength

Cash

£762k

Cash in the bank

Profit Before Tax

-£564k

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£1.7M

Current Liabilities

£535k

Fixed Assets

£35k

Debtors

£946k

Admin Expenses

£2.0M

Operating Profit

-£585k

Profit After Tax

-£311k

19avg. employees

People Costs

Wages & salaries£990k
NI contributions£114k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent RatioImplied Profit
20203.19+£373k
20192.62-£966k
20184.11

Derived from filed accounts. Not audited figures.