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Scl Abrasive Holdings Limited

08248477

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

MASTER ABRASIVES LTD HIGH MARCH, DAVENTRY, NN11 4PG
Incorporated 11/10/2012

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

32990
Other manufacturing
46900
Non-specialised wholesale trade

Officers

Mr Paul James Batson

director · Since 16/11/2012

SALES & MARKETING DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Mr Andrew Grant Miller Ami Mech E

director · Since 16/11/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Mr Jamie Alexander Ward

director · Since 16/11/2012

ACCOUNTANT

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Mr Jamie Alexander Ward

secretary · Since 20/11/2012

Also on 3 other boards

Persons with Significant Control

Mr Jamie Alexander Ward

25–50% shares
25–50% votes

British · England · Age 48

Master Abrasives Ltd, High March, Daventry, NN11 4PG

Notified 06/04/2016

Mr Paul James Batson

25–50% shares
25–50% votes

British · England · Age 65

Master Abrasives Ltd, High March, Daventry, NN11 4PG

Notified 06/04/2016

Mr Andrew Grant Miller

25–50% shares
25–50% votes

British · England · Age 76

Master Abrasives Ltd, High March, Daventry, NN11 4PG

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 28/07/2016Registered 28/07/2016
charge
satisfied

GE CAPITAL BANK LIMITED

Created 21/12/2012Registered 03/01/2013Satisfied 30/07/2016

CompanyRankvs 6113+ SIC 32990 peers
41

Financial strength85th percentile among SIC peers · 21/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength21/25 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

Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts. 2.3 Finance costs Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the

Key FinancialsYear ending 31/12/2024

Net Worth

£578k

Balance sheet strength

Cash

£963

Cash in the bank

Net Current Assets

-£192k

Working capital

Current Assets

£968

Current Liabilities

£193k

Fixed Assets

£1.3M

Debtors

£5

3avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Bank loans & overdrafts£36k
Assets less current liabilities£1.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£12k
20220.18

Derived from filed accounts. Not audited figures.