Able Cable Electricians Ltd
10340104
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mrs Nicola Fairclough
British · United Kingdom · Age 53
65 Snodhurst Avenue, Chatham, ME5 0TB
Notified 22/08/2016
Mr Jason Fairclough
British · United Kingdom · Age 59
65 Snodhurst Avenue, Chatham, ME5 0TB
Notified 22/08/2016
CompanyRankvs 29501+ SIC 43210 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2025
Net Worth
-£26k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£39k
Working capital
Current Assets
£3k
Current Liabilities
£41k
Fixed Assets
£16k
Debtors
£216
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | +£22k |
| 2024 | 0.07 | -£13k |
Derived from filed accounts. Not audited figures.