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Absolute Partnership Limited

07616521

voluntary arrangement
Private Limited Company
england wales
Companies House
4 outstanding charges
Insolvency history
Health Score
N/A

Details

LYMEDALE BUSINESS CENTRE LYMEDALE BUSINESS PARK, NEWCASTLE, ST5 9QF
Incorporated 27/04/2011

Compliance

Last accounts

31/03/2022

total exemption full

Next accounts due

31/12/2023

Overdue

Confirmation statement

Last: 27/04/2021

Due 11/05/2022

Overdue

Industry

82990
Other business support service activities

Officers

Mr James Maxwell Carruthers

director · Since 22/02/2016

DIRECTOR

BRITISH · SCOTLAND · Age 71

Also on 4 other boards

Persons with Significant Control

Former PSCs

Mr David Sherman Beardsworth

Ceased 31/12/2017

Mr Thomas Roger Attwood

Ceased 06/03/2021

Charges4 outstanding

A registered charge
outstanding

Thomas Roger Attwood, Max Carruthers & Colin Hawes

Created 13/03/2017Registered 28/03/2017
A registered charge
outstanding

Thomas Roger Attwood

Created 27/01/2017Registered 31/01/2017
A registered charge
outstanding

James Maxwell Carruthers · Nigel Strongitharm · Colin Hawes · Davis Beardsworth

Created 08/12/2016Registered 14/12/2016
Rent deposit trust deed
fully satisfied

B.S. Pension Fund Trustee Limited

£15,795. see image for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 19/12/2012Registered 24/12/2012Satisfied 06/02/2018
Debenture
outstanding

Bibby Financial Services LTD (As Security Trustee)

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery see image for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 19/07/2012Registered 23/07/2012

Insolvency History1 case

corporate voluntary arrangement

Michaela Daly (practitioner) · Mark Stephen Goldstein (practitioner) · Lee De'Ath (practitioner) · Charles Hamilton Turner (practitioner)

CompanyRankvs 15+ SIC 82990 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2022

Net Worth

-£1.6M

Balance sheet strength

Cash

£162k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£181k

Current Liabilities

£468k

Debtors

£19k

0avg. employees

Balance Sheet

Assets less current liabilities-£286k
Signed by 07616521 2021-04-01 2022-03-31 07616521 2022-03-31 07616521 bus:OrdinaryShareClass1 2022-03-31 07616521 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20220.39-£2k
20210.39

Derived from filed accounts. Not audited figures.