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Asbac Lighting Limited

08640467

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

ASBAC HOUSE, LEISTON, IP16 4LL
Incorporated 06/08/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46470
Wholesale of furniture, carpets and lighting equipment

Officers

Mr Philip Joseph Smith

director · Since 06/08/2013

ELECTRICAL DISTRIBUTOR

BRITISH · ENGLAND · Age 73

Also on 1 other board

Mr Clive Matthew Smith

director · Since 01/06/2022

SALESMAN

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Mr Michael James Smith

director · Since 01/06/2022

BRITISH

BRITISH · UNITED KINGDOM · Age 33

Persons with Significant Control

Mr Michael James Smith

25–50% votes

British · United Kingdom · Age 33

Asbac House, 11 Eastlands Road, Leiston, IP16 4LL

Notified 30/08/2022

Mr Clive Matthew Smith

25–50% shares
25–50% votes

British · United Kingdom · Age 46

Asbac House, 11 Eastlands Road, Leiston, IP16 4LL

Notified 30/08/2022

Former PSCs

Mr Philip Joseph Smith

Ceased 30/08/2022

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 13/02/2023Registered 14/02/2023Satisfied 11/02/2026
Charge
satisfied

HSBC UK BANK PLC

Created 15/11/2022Registered 17/11/2022Satisfied 11/02/2026

CompanyRankvs 86+ SIC 46470 peers
84

Financial strength89th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.57× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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86Asbac Lighting Limited
84
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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.

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

£271k

Balance sheet strength

Cash

£68k

Cash in the bank

Net Current Assets

£534k

Working capital

Current Assets

£631k

Current Liabilities

£138k

Fixed Assets

£441k

Debtors

£191k

13avg. employees+2

Balance Sheet

Intangible assets£420k
Assets less current liabilities£975k
Signed by 08640467 2024-01-01 2024-12-31 08640467 2024-12-31 08640467 core:CurrentFinancialInstruments 2024-12-31 08640467 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20244.57+£91k
20232.35—

Derived from filed accounts. Not audited figures.