Abg Network Nw Logistics Ltd
13370965
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/05/2021
DIRECTOR
ROMANIAN · ENGLAND · Age 42
Also on 3 other boards
Persons with Significant Control
Mr Catalin Lupu
Romanian · England · Age 48
66, New Lane, Manchester, M30 7JJ
Notified 03/05/2021
Mr Marian-Cristian Ciuculete
Romanian · England · Age 42
Suite 111, Newton House, Warrington, WA3 6FW
Notified 03/05/2021
Charges0 outstanding
ULTIMATE FINANCE LIMITED
CompanyRankvs 26035+ SIC 49410 peers40
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp
Key FinancialsYear ending 31/05/2025
Net Worth
£211
Balance sheet strength
Cash
£31k
Cash in the bank
Net Current Assets
-£26k
Working capital
Current Assets
£296k
Current Liabilities
£322k
Fixed Assets
£27k
Debtors
£265k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.92 | — |
| 2024 | 0.74 | -£36k |
| 2023 | 1.46 | +£17k |
| 2022 | 2.11 | — |
Derived from filed accounts. Not audited figures.