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Able Steelwork & Metalwork Ltd

07595107

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

2 COMMUNICATIONS ROAD, NEWBURY, RG19 6AB
Incorporated 07/04/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Ian Paul Theodore

director · Since 31/08/2016

MANAGER

BRITISH · UNITED KINGDOM · Age 46

Also on 4 other boards

Mrs Marie Louise Theodore

director · Since 18/02/2025

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

Mr Ian Paul Theodore

75–100% shares
75–100% votes

British · United Kingdom · Age 46

2, Communications Road, Newbury, RG19 6AB

Notified 06/04/2016

Former PSCs

Mrs Amanda Theodore

Ceased 08/04/2018

Mrs Amanda Theodore

Ceased 07/01/2025

CompanyRankvs 910+ SIC 25110 peers
72

Financial strength78th percentile among SIC peers · 20/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.36× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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910Able Steelwork & Metalwork Ltd
72
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.

Employees10/15 pts

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

Liquidity12/20 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

£394k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

£438k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.2M

Fixed Assets

£206k

Debtors

£1.1M

5avg. employees

Tax at Year End

Corp tax£28k

Balance Sheet

Bank loans & overdrafts£118k
Assets less current liabilities£643k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.36+£18k
20241.50+£1k
20231.83—

Derived from filed accounts. Not audited figures.