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Absolute Building Supplies Ltd

11512434

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

Details

20, MANNINGS HEATH ROAD, POOLE, BH12 4NQ
Incorporated 13/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46130
Agents involved in the sale of timber and building materials
46730
Wholesale of wood, construction materials and sanitary equipment
46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Mr Melvyn Richard Sparks

director · Since 13/08/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 29 other boards

Persons with Significant Control

Mr Robin Richard Etherington

25–50% shares
25–50% votes

British · England · Age 59

Unit 2 Homewood Way, Gore Cross Business Park, Bridport, DT6 3FH

Notified 13/08/2018

Mr Melvyn Richard Sparks

25–50% shares
25–50% votes

British · United Kingdom · Age 81

40, Hogshill Street, Beaminster, DT8 3AA

Notified 13/08/2018

Charges1 outstanding

Charge
outstanding

INVESTEC CAPITAL SOLUTIONS NO.1 LIMITED

Created 16/01/2019Registered 04/02/2019

CompanyRankvs 2428+ SIC 46130 peers
20

Financial strength1th percentile among SIC peers · 0/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Harris & Bailey Limited
90
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90
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90
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90
5G.H.Brooks & Co.(Harrogate)Limited
90
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90
7John A. Stephens Limited
90
8Hughes Forrest Limited
90
9Joseph Parr (Middlesbrough) Limited
90
10Robert Price (Builders Merchants) Limited
90
2428Absolute Building Supplies Ltd
29
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.

Employees5/15 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.

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 28/02/2022

Net Worth

-£269k

Balance sheet strength

Cash

£848

Cash in the bank

Net Current Assets

-£112k

Working capital

Current Assets

£47k

Current Liabilities

£159k

Fixed Assets

£46k

Debtors

£46k

1avg. employees

Balance Sheet

Assets less current liabilities-£112k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20220.29-£134k
20200.87-£86k
20190.89—

Derived from filed accounts. Not audited figures.