Ab It Projects Ltd
11514117
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/08/2018
IT CONTRACTOR
BRITISH · ENGLAND · Age 42
Also on 1 other board
director · Since 13/08/2022
DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 2 other boards
Persons with Significant Control
Ab It Holdings Ltd
Sapphire House, 47 Knightsdale Road, Ipswich, IP1 4JJ
Reg: 14512070 · Register Of Companies · Limited Company
Notified 16/01/2024
Former PSCs
Mr Alexander Brook
Ceased 16/01/2024
CompanyRankvs 65017+ SIC 62020 peers52
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2024
Net Worth
£1k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£105k
Current Liabilities
£107k
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.98 | -£5k |
| 2023 | 1.03 | — |
| 2022 | 0.84 | — |
| 2021 | 0.67 | — |
| 2020 | 0.62 | — |
| 2019 | -0.78 | — |
Derived from filed accounts. Not audited figures.