Back to search

Absolute (Abs) Development Ltd

12244204

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 04/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
62012
Business and domestic software development

Officers

Mr Myles Bryning

secretary · Since 04/10/2019

Also on 2 other boards

Mr Myles Bryning

director · Since 04/10/2019

CONSULTANT

BRITISH · UNITED KINGDOM · Age 42

Also on 2 other boards

Persons with Significant Control

Mr Myles Bryning

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

British · United Kingdom · Age 42

71-75, Shelton Street, London, WC2H 9JQ

Notified 04/10/2019

CompanyRankvs 40764+ SIC 47910 peers
44

Financial strength77th percentile among SIC peers · 19/25
Employees21th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength19/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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 31/10/2024

Turnover

£5k

Annual revenue

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£488

Working capital

Current Assets

£488

Current Liabilities

Fixed Assets

£5k

Profit After Tax

£2k

0avg. employees

Balance Sheet

Depreciation£957
Assets less current liabilities£6k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£1k
2023-£2k
2022Infinity+£4k
2021Infinity

Derived from filed accounts. Not audited figures.