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Absolute Customs Ltd

11278453

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

ABSOLUTE CUSTOMS UNIT 20D BINDERS INDUSTRIAL ESTATE, CRYERS HILL, HP15 6LJ
Incorporated 27/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Nicholas Peter Hingston Martin

director · Since 27/03/2018

ENGINEER

ENGLISH · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Nicholas Peter Hingston Martin

75–100% shares

English · England · Age 36

Absolute Customs Unit 20d, Binders Industrial Estate, Cryers Hill, HP15 6LJ

Notified 27/03/2018

CompanyRankvs 19664+ SIC 71129 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

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.

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.

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

Key FinancialsYear ending 31/08/2020

Net Worth

-£83k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£64k

Working capital

Current Assets

£6k

Current Liabilities

£70k

Fixed Assets

£7k

Debtors

£3k

2avg. employees

Director Loans

Company owes directors£30k

Balance Sheet

Assets less current liabilities-£58k
Signed by Mr Nicholas Martin 31/08/2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20200.08-£48k
20190.09

Derived from filed accounts. Not audited figures.