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Albany Bidco Limited

14307832

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

ACORA HOUSE, BURGESS HILL, RH15 9TN
Incorporated 19/08/2022

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/02/2026

Due 02/03/2027

On track

Industry

74990
Non-trading company

Officers

Mr David Robert Rabson

director · Since 19/08/2022

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 50

Also on 13 other boards

Mr Richard Charles Atkins

director · Since 30/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 9 other boards

Mr Gary John Page

director · Since 30/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 16 other boards

Mr Aylesh Kumar Patel

director · Since 30/09/2022

PRIVATE EQUITY

BRITISH · UNITED KINGDOM · Age 36

Also on 2 other boards

Mr John Garner

director · Since 01/08/2024

PRIVATE EQUITY INVESTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr David Robert Rabson

25–50% shares
25–50% votes
Appoint directors

British · England · Age 50

Acora House, Albert Drive, Burgess Hill, RH15 9TN

Notified 19/08/2022

Ldc (Managers) Limited

right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

1, Vine Street, London, W1J 0AH

Reg: 02495714 · England · Private Company Limited By Shares

Notified 30/09/2022

Charges2 outstanding

Charge
outstanding

LDC (MANAGERS) LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUME

Created 30/09/2022Registered 07/10/2022
Charge
outstanding

ARES MANAGEMENT LIMITED (AS SECURITY AGENT FOR THE BENEFICIARIES)

Created 30/09/2022Registered 05/10/2022

CompanyRankvs 21930+ SIC 74990 peers
19

Financial strength1th percentile among SIC peers · 0/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees8/15 pts

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

Liquidity12/20 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

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

responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We are responsible for concluding on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncert

Key FinancialsYear ending 31/12/2023

Net Worth

-£7.9M

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£28.7M

Working capital

Current Assets

£89.4M

Current Liabilities

£60.7M

Fixed Assets

£42.7M

Debtors

£89.4M

Profit After Tax

-£8.3M

0avg. employees

Balance Sheet

Bank loans & overdrafts£73.7M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20231.47

Derived from filed accounts. Not audited figures.