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Abib Plumbing And Building Management Limited

10782510

active
Private Limited Company
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

160 JHUMAT HOUSE, BARKING, IG11 8BB
Incorporated 22/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings
43999
Specialised construction activities
81100
Combined facilities support activities

Officers

Ms Remi Abisola Olawore

director · Since 12/06/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

CompanyRankvs 18216+ SIC 41201 peers
42

Financial strength6th percentile among SIC peers · 2/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity9 years trading (max 15) · 9/15
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.

Employees14/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£21k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£14k

Current Liabilities

£32k

Fixed Assets

£30k

Debtors

£10k

9avg. employees

Balance Sheet

Bank loans & overdrafts£33k
Assets less current liabilities£12k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.44-£11k
20240.89-£13k
20230.16

Derived from filed accounts. Not audited figures.