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Albendan Limited

10591402

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

HYPERION HOUSE 1ST FLOOR, THE OAKS, NEWMARKET, CB8 7XN
Incorporated 30/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Derek Colin Watts

director · Since 30/01/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 5 other boards

Persons with Significant Control

Mr Daniel Meitrie Watts

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 44

70, Coleridge Road, Cambridge, CB1 3PJ

Notified 30/01/2017

Mr Benjamin Watts

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 41

6, Whimbrel Court, Topsham, EX3 0FG

Notified 30/01/2017

Mr Alexander Watts

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

Flat 1, 17-18 Floral Street, London, WC2E 9DS

Notified 30/01/2017

Charges1 outstanding

Charge
outstanding

MR AND MRS SMITH LIMITED

Created 02/09/2022Registered 15/09/2022

CompanyRankvs 35702+ SIC 68100 peers
48

Financial strength0th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.39× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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35702Albendan Limited
58
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.

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.

Longevity9/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

-£3.9M

Balance sheet strength

Cash

£191k

Cash in the bank

Net Current Assets

£6.8M

Working capital

Current Assets

£8.3M

Current Liabilities

£1.5M

Fixed Assets

£5.9M

Debtors

£7.8M

3avg. employees

Tax at Year End

VAT£4k

Director Loans(2022)

Company owes directors£380k

Balance Sheet

Assets less current liabilities£12.7M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20255.39+£556k£75k
2024183.20-£1.2M£38k
202316.07+£1.0M£30k
202218.22+£668k—
20219.98+£620k—
202026.30-£6.8M—
201939.04——

Derived from filed accounts. Not audited figures.