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Absolute Developments And Renovations Ltd

07091848

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

9 BURNFOOT TERRACE, WHITLEY BAY, NE26 2ED
Incorporated 01/12/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Darren Scott Brett

director · Since 01/12/2009

DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Darran Brett

75–100% shares

British · England · Age 45

9, Burnfoot Terrace, Whitley Bay, NE26 2ED

Notified 01/11/2016

CompanyRankvs 30752+ SIC 43390 peers
39

Financial strength10th percentile among SIC peers · 3/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.15× · 2/20
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 strength3/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

-£9k

Balance sheet strength

Cash

£449

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£2k

Current Liabilities

£11k

Debtors

£1k

1avg. employees

Tax at Year End

Corp tax£5k

Director Loans

Company owes directors£7k
Directors owe company£8k

Balance Sheet

Assets less current liabilities-£9k
Signed by Mr Darran Brett 15/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.15
20231.01
20221.01
20211.01
20201.01
20191.63+£4k
20181.20

Derived from filed accounts. Not audited figures.