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Ab Seafoods (Devon) Limited

09666808

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O MORGAN ACCOUNTANTS LTD UNIT 2, DUKE ST COURT, KINGSBRIDGE, TQ7 1HX
Incorporated 02/07/2015

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 11/05/2025

Due 25/05/2026

On track

Industry

10200
Processing and preserving of fish, crustaceans and molluscs

Officers

Mr Richard James Mitchelmore

director · Since 23/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 2 other boards

Mrs Emma Jane Mitchelmore-Redclift

director · Since 01/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Mr Richard James Mitchelmore

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

British · England · Age 73

C/O Morgan Accountants Ltd, Unit 2, Duke St Court, Kingsbridge, TQ7 1HX

Notified 23/03/2020

Former PSCs

Mr Adam Oliver Dennis Biggs

Ceased 23/03/2020

Mr Adam Oliver, Dennis Biggs

Ceased 23/03/2020

CompanyRankvs 185+ SIC 10200 peers
39

Financial strength7th percentile among SIC peers · 2/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 pts

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

Liquidity6/20 pts

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

Longevity11/15 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 31/07/2025

Net Worth

-£72k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£228k

Current Liabilities

£268k

Fixed Assets

£4k

Debtors

£163k

1avg. employees

Balance Sheet

Intangible assets£1
Bank loans & overdrafts£10k
Assets less current liabilities-£36k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.85+£16k
20240.80+£125k
20230.28+£60k
20220.24-£83k
20210.53-£26k
20200.62-£96k
20190.49+£15k
20180.43

Derived from filed accounts. Not audited figures.