Abec (Group) Ltd
13152619
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/01/2021
OPERATIONS DIRECTOR
BRITISH · ENGLAND · Age 35
Also on 5 other boards
director · Since 22/01/2021
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 2 other boards
director · Since 03/01/2025
CHIEF FINANCIAL OFFICER
BRITISH · ENGLAND · Age 46
Also on 9 other boards
Persons with Significant Control
Acorn Bid Co Limited
C/O Tmf Group 13th Floor, One Angel Court, London, EC2R 7HJ
Reg: 16391765 · Companies House · Private Limited Company
Notified 05/06/2025
Former PSCs
Mr Matthew Morrall
Ceased 05/06/2025
Mr Paul Morrall
Ceased 05/06/2025
Charges3 outstanding
ALTER DOMUS TRUSTEES (UK) LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES
ALTER DOMUS TRUSTEES (UK) LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES
ALTER DOMUS TRUSTEES (UK) LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES
CompanyRankvs 1620+ SIC 64203 peers55
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect
Key FinancialsYear ending 31/03/2025
Turnover
£32.7M
Annual revenue
Net Worth
£4.9M
Balance sheet strength
Cash
£3.5M
Cash in the bank
Profit Before Tax
£4.5M
Bottom line earnings
Net Current Assets
£5.3M
Working capital
Current Assets
£13.3M
Current Liabilities
£8.0M
Fixed Assets
£827k
Debtors
£8.9M
Cost of Sales
£24.2M
Gross Profit
£8.5M
Admin Expenses
£3.9M
Operating Profit
£4.6M
Profit After Tax
£3.5M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.67 | +£2.7M |
| 2024 | 1.30 | +£742k |
| 2023 | 0.84 | +£26k |
Derived from filed accounts. Not audited figures.