Abc Funding Limited
07876156
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/12/2011
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 12 other boards
Persons with Significant Control
Mr Steven Joseph Mendelson
British · England · Age 64
Reedham House, 31 King Street West, Manchester, M3 2PJ
Notified 06/04/2016
Mrs Yael Leah Mendelson
British · United Kingdom · Age 57
Reedham House, 31 King Street West, Manchester, M3 2PJ
Notified 03/03/2024
Charges4 outstanding
PARAGON BANK PLC
MONMOUTHSHIRE BUILDING SOCIETY
ONE SAVINGS BANK PLC TRADING AS KENT RELIANCE
ONESAVINGS BANK
CompanyRankvs 80350+ SIC 68100 peers35
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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
-£14k
Balance sheet strength
Cash
£192k
Cash in the bank
Net Current Assets
-£284k
Working capital
Current Assets
£196k
Current Liabilities
£479k
Debtors
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.41 | -£13k |
| 2023 | 0.01 | +£20k |
| 2022 | 0.02 | -£1k |
| 2021 | 0.24 | -£10k |
| 2020 | 0.55 | -£5k |
| 2019 | 0.75 | — |
Derived from filed accounts. Not audited figures.