Back to search

Affordable Aluminium Limited

08204406

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

AFFORDABLE BUSINESS CENTRE BEACON ROAD, POULTON-LE-FYLDE, FY6 8JE
Incorporated 06/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25120
Manufacture of doors and windows of metal

Officers

Mr Edward Gaughan

director · Since 06/09/2012

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 76

Also on 8 other boards

Edward Gaughan

secretary · Since 06/09/2012

Michael Gaughan

director · Since 06/09/2012

COMPANY DIRECTOR

IRISH · UNITED KINGDOM · Age 71

Also on 12 other boards

Andrew Hoop

director · Since 24/05/2013

MANAGER

BRITISH · ENGLAND · Age 60

Mrs Karen Mageean

director · Since 24/05/2013

FINANCIAL MANAGER

BRITISH · ENGLAND · Age 61

Also on 4 other boards

Lawrence Sidney George Myers

director · Since 24/05/2013

MANAGER

BRITISH · UNITED KINGDOM · Age 56

Mr Gary Adshead

director · Since 21/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Mr Nigel Stanton

director · Since 21/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr David Mcvey

director · Since 21/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Mr Simon Youles

director · Since 21/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Steven Fitzmaurice

director · Since 21/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Paula Cocker

director · Since 21/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Affordable 21st Century Eot

75–100% shares
75–100% votes

Affordable Business Centre, Beacon Road, Poulton-Le-Fylde, FY6 8JE

Notified 04/12/2017

Former PSCs

Mr Edward Gaughan

Ceased 04/12/2017

Mr Michael Gaughan

Ceased 04/12/2017

Charges5 outstanding

Charge
outstanding

LLOYDS BANK PLC (COMPANY NUMBER 2065)

Created 21/03/2024Registered 28/03/2024
Charge
outstanding

LLOYDS BANK PLC (COMPANY NUMBER 2065)

Created 21/03/2024Registered 28/03/2024
Charge
outstanding

LLOYDS BANK PLC

Created 25/06/2020Registered 29/06/2020
Charge
outstanding

EDWARD GAUGHAN

Created 04/12/2017Registered 12/12/2017
Charge
outstanding

LLOYDS BANK PLC

Created 01/09/2015Registered 04/09/2015
Charge
satisfied

LLOYDS BANK PLC

Created 10/12/2014Registered 24/12/2014Satisfied 28/06/2020
Charge
satisfied

LLOYDS BANK PLC

Created 10/12/2014Registered 19/12/2014Satisfied 28/06/2020

CompanyRankvs 342+ SIC 25120 peers
45

Financial strength100th percentile among SIC peers · 25/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees9/15 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.

Longevity14/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£14.5M

Balance sheet strength

Cash

£5.5M

Cash in the bank

Net Current Assets

-£2.0M

Working capital

Current Assets

£1.4M

Current Liabilities

£3.3M

Fixed Assets

£7.1M

Debtors

£4.3M

Cost of Sales

£36.4M

Admin Expenses

£6.6M

Profit After Tax

£4.0M

3avg. employees+3

Tax at Year End

Corp tax£645k

People Costs

Wages & salaries£11.5M

Balance Sheet

Intangible assets£0
Assets less current liabilities£5.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41+£8.3M
20242.89+£6.4M
20230.33

Derived from filed accounts. Not audited figures.