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Abacus 5 Limited

11234341

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

STONELEIGH HOUSE 66-70, COVENTRY, CV5 6EJ
Incorporated 05/03/2018

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 04/03/2026

Due 18/03/2027

On track

Industry

70100
Activities of head offices

Officers

Mr Gurandan Singh Jaspal

director · Since 05/03/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 10 other boards

Mrs Harminder Kaur Jaspal

director · Since 05/03/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 4 other boards

Persons with Significant Control

Mrs Harminder Kaur Jaspal

25–50% shares

British · United Kingdom · Age 67

Stoneleigh House 66-70, Earlsdon Street, Coventry, CV5 6EJ

Notified 05/03/2018

Mr Gurandan Singh Jaspal

50–75% shares

British · United Kingdom · Age 70

Stoneleigh House 66-70, Earlsdon Street, Coventry, CV5 6EJ

Notified 05/03/2018

Charges8 outstanding

Charge
outstanding

REDWOOD BANK LIMITED

Created 03/05/2024Registered 13/05/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 18/04/2024Registered 18/04/2024
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/11/2020Registered 09/12/2020Satisfied 29/07/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/11/2020Registered 09/12/2020
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/11/2020Registered 09/12/2020
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/11/2020Registered 08/12/2020
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/11/2020Registered 08/12/2020Satisfied 03/05/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/11/2020Registered 08/12/2020
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/08/2020Registered 14/08/2020
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 25/11/2019Registered 03/12/2019

CompanyRankvs 1786+ SIC 70100 peers
66

Financial strength90th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 6.26× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 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.

Longevity8/15 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 31/03/2025

Net Worth

£3.1M

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.1M

Current Liabilities

£333k

Fixed Assets

£2.9M

Debtors

£2.1M

2avg. employees

Balance Sheet

Bank loans & overdrafts£1.3M
Assets less current liabilities£4.7M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20256.26+£276k
20242.48+£364k
202319.10+£691k
20229.43+£201k
202162.29+£1.5M

Derived from filed accounts. Not audited figures.