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Ace Tanks Ltd

12651888

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)
  • Current liabilities exceed current assets (-10)

Details

6 PARK CLOSE, FARNHAM, GU10 4LJ
Incorporated 08/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42910
Construction of water projects

Officers

Mr Alex Edward Newton

director · Since 08/06/2020

WATER TANK INSTALLER

BRITISH · WALES · Age 61

Mr Anthony Peter Briscoe

director · Since 28/06/2020

INSTALLATION MANAGER

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mr Alex Edward Newton

25–50% shares
25–50% votes

British · Wales · Age 61

6, Park Close, Farnham, GU10 4LJ

Notified 08/06/2020

Mr Anthony Peter Briscoe

25–50% shares
25–50% votes
Appoint directors

British · England · Age 59

15 Glennapp Grange, Glenapp Grange, Reading, RG7 3FJ

Notified 23/06/2020

CompanyRankvs 199+ SIC 42910 peers
71

Financial strength74th percentile among SIC peers · 19/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.43× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 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.

Longevity6/15 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 30/06/2024

Net Worth

£107k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£101k

Working capital

Current Assets

£172k

Current Liabilities

£71k

Fixed Assets

£6k

Debtors

£156k

3avg. employees

Tax at Year End

Corp tax£63k

Balance Sheet

Assets less current liabilities£107k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.43+£24k
20232.22+£32k
20222.00+£21k
20211.47

Derived from filed accounts. Not audited figures.