Abartech Limited
07988946
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 13/03/2012
director · Since 13/03/2012
MERCHANT
BRITISH · WALES · Age 63
Also on 1 other board
Persons with Significant Control
Mr Mark Simon Cragg
British · Wales · Age 64
62, Meliden Road, Prestatyn, LL19 9SE
Notified 06/04/2016
Mrs Michelle Tracey Cragg
British · Wales · Age 63
62, Meliden Road, Prestatyn, LL19 9SE
Notified 06/04/2016
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 1776+ SIC 28990 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 31/03/2025
Net Worth
-£5k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
£30k
Current Liabilities
£39k
Fixed Assets
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.76 | -£8k |
| 2024 | 0.71 | — |
Derived from filed accounts. Not audited figures.