Abca Bidco Limited
13335947
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 13/05/2021
director · Since 13/05/2021
COMPANY SECRETARY/DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 7 other boards
director · Since 13/05/2021
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 4 other boards
director · Since 13/05/2021
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 8 other boards
Persons with Significant Control
Abca Topco Limited
Unit 24, Mylord Crescent, Newcastle Upon Tyne, NE12 5UJ
Reg: 13335937 · Companies House · Limited By Shares
Notified 29/04/2021
Former PSCs
Mr Ali Khanbhai
Ceased 29/04/2021
Charges1 outstanding
GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)
SANTANDER UK PLC
SANTANDER UK PLC
CompanyRankvs 38041+ SIC 64209 peers17
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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
The directors are confident that these uncertainties do not cast significant doubt over the group’s ability to continue as a going concern. Based on the factors set out above, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. Disabled persons Applications for employmen
Key FinancialsYear ending 30/09/2024
Net Worth
-£3.7M
Balance sheet strength
Cash
£2.5M
Cash in the bank
Net Current Assets
-£17.0M
Working capital
Current Assets
£11.0M
Current Liabilities
£28.0M
Fixed Assets
£429k
Debtors
£10.9M
Cost of Sales
£24.6M
Admin Expenses
£13.8M
Profit After Tax
£888k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.39 | -£587k |
| 2023 | 0.35 | +£328k |
| 2022 | 0.82 | — |
Derived from filed accounts. Not audited figures.