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Ad Quality Sealants Ltd

13809436

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

115 BELHOUSE AVENUE, SOUTH OCKENDON, RM15 4DA
Incorporated 20/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Aurimas Bakutis

director · Since 20/12/2021

DIRECTOR

LITHUANIAN · ENGLAND · Age 29

Also on 1 other board

Persons with Significant Control

Mr Aurimas Bakutis

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

Lithuanian · England · Age 29

115, Belhouse Avenue, South Ockendon, RM15 4DA

Notified 20/12/2021

CompanyRankvs 15976+ SIC 41201 peers
52

Financial strength68th percentile among SIC peers · 17/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees9/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/12/2024

Net Worth

£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£32k

Current Liabilities

£38k

Fixed Assets

£32k

2avg. employees+2

Balance Sheet

Assets less current liabilities£73k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.83+£16k
20231.22

Derived from filed accounts. Not audited figures.