Abitus Engineering Solutions Ltd.
10507819
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/02/2018
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 1 other board
director · Since 05/08/2024
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 2 other boards
Persons with Significant Control
Abitus Limited
Market Chambers, 2b Market Place, Shifnal, TF11 9AZ
Reg: 14756503 · Companies House · Private Company Limited By Shares
Notified 25/06/2023
Former PSCs
Torus Technology Group Limited
Ceased 25/06/2023
CompanyRankvs 896+ SIC 71200 peers78
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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 30/06/2025
Net Worth
£328k
Balance sheet strength
Cash
£145k
Cash in the bank
Net Current Assets
£460k
Working capital
Current Assets
£1.2M
Current Liabilities
£719k
Fixed Assets
£247k
Debtors
£860k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.64 | +£0 |
| 2025 | 1.64 | +£181k |
| 2024 | 1.95 | — |
Derived from filed accounts. Not audited figures.