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Absolute Care South West Ltd

07705235

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

ST LEONARDS, HONITON, EX14 1AL
Incorporated 14/07/2011

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 14/07/2025

Due 28/07/2026

On track

Industry

87900
Other residential care activities

Officers

Mrs Joanna Sara Read

director · Since 09/01/2018

CARE MANAGER

BRITISH · UNITED KINGDOM · Age 58

Mr Richard David Read

director · Since 09/01/2018

CARE MANAGER

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Richard Read

25–50% shares
25–50% votes

British · United Kingdom · Age 56

3 Kings Court, New Street, Honiton

Notified 06/04/2016

Joanna Read

25–50% shares
25–50% votes

British · United Kingdom · Age 58

3 Kings Court, New Street, Honiton

Notified 06/04/2016

Mrs Joanna Sara Read

25–50% shares
25–50% votes

British · United Kingdom · Age 58

3 Kings Court, New Street, Honiton, EX14 1HG

Notified 06/04/2016

Mr Richard David Read

25–50% shares
25–50% votes

British · United Kingdom · Age 56

3 Kings Court, New Street, Honiton, EX14 1HG

Notified 06/04/2016

CompanyRankvs 215+ SIC 87900 peers
87

Financial strength90th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.76× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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215Absolute Care South West Ltd
86
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£239k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

£248k

Working capital

Current Assets

£338k

Current Liabilities

£90k

Fixed Assets

£3k

Debtors

£298k

39avg. employees+5

Balance Sheet

Bank loans & overdrafts£13k
Assets less current liabilities£252k
Signed by 07705235 2023-09-01 2024-08-31 07705235 2024-08-31 07705235 2 2024-08-31 07705235 core:CurrentFinancialInstruments 2024-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20243.76+£10k
20233.71+£53k
20224.11+£34k
20214.26+£26k
20204.15+£7k
20193.76+£24k
20185.22—

Derived from filed accounts. Not audited figures.