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Ability Contracts Ltd

11774806

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

60 DUPORT ROAD, HINCKLEY, LE10 2RW
Incorporated 18/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation
68209
Other letting and operating of own or leased real estate

Officers

Mrs Margaret Wendy Naylor

director · Since 18/01/2019

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 11 other boards

Mr Troy David Lee

director · Since 10/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mrs Margaret Wendy Naylor

25–50% shares
25–50% votes

British · England · Age 69

60 Duport Road, Burbage, Hinckley, LE10 2RW

Notified 18/01/2019

Mr Troy David Lee

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm

British · England · Age 55

60 Duport Road, Burbage, Hinckley, LE10 2RW

Notified 07/02/2023

CompanyRankvs 14639+ SIC 43290 peers
48

Financial strength79th percentile among SIC peers · 20/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees4/15 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.

Longevity7/15 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 31/01/2025

Net Worth

£50k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£305k

Working capital

Current Assets

£192k

Current Liabilities

£497k

Fixed Assets

£357k

1avg. employees

Balance Sheet

Assets less current liabilities£52k
Signed by 11774806 2024-02-01 2025-01-31 11774806 2025-01-31 11774806 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39+£8k
20240.34+£19k
2023+£3k
2022+£6k
2021+£16k

Derived from filed accounts. Not audited figures.