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Abzorb Group Ltd

10779280

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

C/O ABZORB GROUP LTD, BRIGHOUSE, HD6 1QF
Incorporated 19/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities

Officers

Mr Steven Andrew Beeby

director · Since 19/05/2017

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 10 other boards

Persons with Significant Control

Mr Steven Andrew Beeby

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

British · England · Age 57

C/O Abzorb Group Ltd, Armytage Road, Brighouse, HD6 1QF

Notified 19/05/2017

Charges2 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY)

Created 03/07/2025Registered 04/07/2025
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY)

Created 03/07/2025Registered 04/07/2025

CompanyRankvs 3828+ SIC 61900 peers
40

Financial strength99th percentile among SIC peers · 25/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/10/2024

Net Worth

£6.8M

Balance sheet strength

Cash

£2.4M

Cash in the bank

Net Current Assets

-£271k

Working capital

Current Assets

£2.5M

Current Liabilities

£2.8M

Fixed Assets

£17.3M

Debtors

£1.7M

Cost of Sales

£13.8M

Admin Expenses

£4.9M

Profit After Tax

£343k

1avg. employees

Tax at Year End

Corp tax£469k
Dividends paid-£819k

People Costs

Wages & salaries£2.7M

Balance Sheet

Intangible assets£4.1M
Assets less current liabilities£5.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90-£9.3M
20231.06+£1.0M
20220.85

Derived from filed accounts. Not audited figures.