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Abstan Ltd

11715254

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SUBWAY - 30 THE GALLERIES, WASHINGTON, NE38 7SA
Incorporated 06/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mrs Lesley Cuthbertson

secretary · Since 06/12/2018

Also on 2 other boards

Mrs Lesley Cuthbertson

director · Since 06/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mrs Lesley Cuthbertson

Significant control

British · England · Age 46

Subway - Exelby Services, Leeming Bar, DL7 9EG

Notified 06/12/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/03/2019Registered 02/04/2019

CompanyRankvs 10449+ SIC 56103 peers
38

Financial strength90th percentile among SIC peers · 23/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees0/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

£38k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£59k

Current Liabilities

£53k

Fixed Assets

£38k

Debtors

£45k

Tax at Year End

Corp tax£25

Director Loans

Company owes directors£42k

Balance Sheet

Intangible assets£38k
Assets less current liabilities£43k
Signed by Mrs Lesley Cuthbertson 22/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.10-£742
20231.17+£74k£89k
20220.51-£63k£89k
20211.01

Derived from filed accounts. Not audited figures.