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Tibbatts Abel Assets Limited

08286483

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

161-163 WARSTONE LANE, BIRMINGHAM, B18 6NN
Incorporated 08/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Adam Tibbatts-Law

director · Since 08/11/2012

OFFICE RENTAL

BRITISH · UNITED KINGDOM · Age 47

Mrs Tracy Pearson

secretary · Since 30/09/2016

Persons with Significant Control

Mr Adam Neil Tibbatts Law

75–100% shares
75–100% votes
Appoint directors

British · England · Age 47

185 High Street, Henley In Arden, B95 5BA

Notified 31/10/2016

Mr Adam Neil Tibbatts Law

75–100% shares

British · England · Age 47

161-163 Warstone Lane, Birmingham, B18 6NN

Notified 01/11/2016

Charges1 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 23/12/2022Registered 23/12/2022
Charge
satisfied

YORKSHIRE BUILDING SOCIETY TRADING AS NORWICH & PETERBOROUGH BUILDING SOCIETY

Created 22/11/2018Registered 27/11/2018Satisfied 23/12/2022
Charge
satisfied

YORKSHIRE BUILDING SOCIETY TRADING AS NORWICH & PETERBOROUGH BUILDING SOCIETY

Created 22/11/2018Registered 27/11/2018Satisfied 23/12/2022

CompanyRankvs 66013+ SIC 70229 peers
50

Financial strength92th percentile among SIC peers · 23/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees6/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 29/11/2024

Net Worth

£168k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£107k

Working capital

Current Assets

£10k

Current Liabilities

£118k

Fixed Assets

£619k

Debtors

£8k

1avg. employees

Tax at Year End(2018)

Corp tax£8k

Balance Sheet

Assets less current liabilities£511k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09+£8k
20230.21+£590
20220.23+£30k
20210.19+£34k
20200.03+£30k
20190.02+£3k
20180.54

Derived from filed accounts. Not audited figures.