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Abacus Solutions Management Ltd

08879801

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

1 POUNDFIELD ROAD, HAILSHAM, BN27 3YD
Incorporated 06/02/2014

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/02/2026

Due 20/02/2027

On track

Industry

63110
Data processing, hosting and related activities

Officers

Mr Simon Marsh Butler

director · Since 06/02/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Persons with Significant Control

Former PSCs

Mr Simon Marsh Butler

Ceased 02/09/2016

CompanyRankvs 3399+ SIC 63110 peers
59

Financial strength0th percentile among SIC peers · 0/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.5× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees11/15 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

-£4.9M

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£657k

Working capital

Current Assets

£920k

Current Liabilities

£262k

Fixed Assets

£15k

Debtors

£894k

2avg. employees

Balance Sheet

Assets less current liabilities£672k
Prepared with BTCSoftware AP Solution 2024 11.2.09

EstimatesDerived

YearCurrent RatioImplied Profit
20243.50-£318k
20233.09

Derived from filed accounts. Not audited figures.