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Absolute 22 Ltd

13849699

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

10 JUNIPER CLOSE, WORTHING, BN13 3PR
Incorporated 14/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Karl Paul Edwards

director · Since 14/01/2022

PROPERTY AGENT

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Karl Paul Edwards

75–100% shares
75–100% votes

British · England · Age 37

10, Juniper Close, Worthing, BN13 3PR

Notified 14/01/2022

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 30/06/2023Registered 04/07/2023
Charge
satisfied

DXT LE LTD

Created 02/11/2022Registered 04/11/2022

CompanyRankvs 140163+ SIC 68209 peers
36

Financial strength16th percentile among SIC peers · 4/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 19.67× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees3/15 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.

Longevity4/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

-£7k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£4k

Current Liabilities

£210

Fixed Assets

£569k

0avg. employees

Balance Sheet

Intangible assets£22k
Bank loans & overdrafts£339k
Assets less current liabilities£573k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202519.67-£10k
20249.07

Derived from filed accounts. Not audited figures.