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Absolute Utilities Limited

11954608

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

PI HOUSE, GLOUCESTER, GL1 3NU
Incorporated 18/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Tobias Luke Townsley

director · Since 18/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 4 other boards

Persons with Significant Control

Mr Tobias Luke Townsley

75–100% shares
75–100% votes
Appoint directors

British · England · Age 33

Pi House, 40a London Road, Gloucester, GL1 3NU

Notified 18/04/2019

CompanyRankvs 5194+ SIC 71129 peers
68

Financial strength89th percentile among SIC peers · 22/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.07× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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5194Absolute Utilities Limited
68
How is this score calculated?
Financial strength22/25 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.

Liquidity20/20 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 31/03/2025

Net Worth

£159k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£121k

Working capital

Current Assets

£233k

Current Liabilities

£113k

Fixed Assets

£82k

Debtors

£202k

1avg. employees-1

Tax at Year End(2021)

Corp tax£15k
VAT£1k

Director Loans(2021)

Company owes directors£8k

Balance Sheet

Assets less current liabilities£202k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.07+£75k—
20241.38-£20k—
20232.01+£93k—
20221.85+£3k—
20212.94—£27k
2020-0.91——

Derived from filed accounts. Not audited figures.