ABLE UK LIMITED

ABLE HOUSE, BILLINGHAM REACH INDUSTRIAL EST, HAVERTON HILL ROAD, CLEVELAND, TS23 1PX

Previous name: DREDGING U.K. LIMITED (changed on 04-Oct-2004)

Company Number: 02386356
Incorporation date: 18-May-1989
Status: Active
Entity type: Private Limited Company

SIC codes:
39000 Remediation activities and other waste management services
42990 Construction of other civil engineering projects not elsewhere classified
43110 Demolition
70229 Management consultancy activities other than financial management


SUMMARY

This company is 34.9 years old and is currently active. It is controlled by Mr Peter Melvin Stephenson. The company has positive equity (net assets) of GBP 504 million which has increased from GBP 390.9 million in the previous year. The latest reported revenue figure is GBP 35 million which is similar to the previous year's figure of GBP 35.2 million. The company has 5 active officers (directors or partners) who are or were officers of 14 other companies, 2 (14.3%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are 2 court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: GROUP (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 35,011,000 16,835,000 20,000 309,000 16,546,000
31-Dec-2018 GBP 35,193,000 21,495,000 13,000 1,842,000 19,666,000
31-Dec-2017 GBP 25,982,000 13,452,000 149,000 1,990,000 12,611,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 31,025,000 46,555,000 7,477,000 10,000 113,680,000 503,990,000
31-Dec-2018 GBP 5,150,000 17,004,000 11,747,000 10,000 10,992,000 390,865,000
31-Dec-2017 GBP 1,941,000 20,319,000 15,055,000 10,000 8,715,000 388,643,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Karen JEWERS 07 Sep 2009 28 Mar 2024 Pa British 5 - 1
Resigned Rachel STEPHENSON 07 Sep 2009 5 - 3

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Karen JEWERS 19 Dec 2019 Personal Assitant To Ceo British 5 - 12 (33.3%)
Active Andrew JACQUES 05 Dec 2017 Operations Director British 1 - 00 (0.0%)
Resigned Neil Francis ETHERINGTON 11 Nov 2016 21 Nov 2023 Business Development Director British 0 - 135 (38.5%)
Active Richard Michael CRAM 11 Nov 2016 Engineering Director British 1 - 00 (0.0%)
Resigned Neil JARVIS 11 Nov 2016 31 Mar 2018 Commercial Director British 1 - 20 (0.0%)
Active Rachel STEPHENSON 31 Dec 1994 Company Secretary British 5 - 34 (50.0%)
Active Peter Melvin STEPHENSON Co Director British 9 - 32 (16.7%)
Number of active directors: 5
Average tenure of active directors: 9.4 years
Average tenure of resigned directors: 4.2 years
Average active director Dissolution Rate: 20.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
STEPHENSON DEMOLITION COMPANY LIMITED (01380685) - Active - Proposal to Strike off
NWG UK LIMITED (02079397) - Liquidation
ABLE UK LIMITED (02386356) - Active
ALAB ENVIRONMENTAL SERVICES LIMITED (02712039) - Liquidation
ABLE SHIP RECYCLING LIMITED (04932330) - Active
ABLE DECOMMISSIONING SERVICES LIMITED (05055224) - Active
ABLE HUMBER PORT SERVICES LIMITED (07531940) - Active
ABLE DOCKS LIMITED (07591958) - Active
ABLE UK PORTS LIMITED (07594116) - Active
ABLE PORTS LIMITED (07709257) - Active
HULL AND EAST YORKSHIRE LOCAL ENTERPRISE PARTNERSHIP LTD (07988601) - Active
SMLF LTD (08782299) - Active
ABLE TEESPORT LTD (11844351) - Active
ABLE SOUTH TEES LIMITED (12120744) - Active
ABLE REDCAR PORT LIMITED (12299323) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-05-182015-05-182014-05-182013-05-182012-05-18
PETER MELVIN STEPHENSONORDINARY8,750
87.5%
8,750
87.5%
8,750
87.5%
8,750
87.5%
0
0%
RACHEL STEPHENSONORDINARY1,000
10%
1,000
10%
1,000
10%
1,000
10%
0
0%
PMS TAX RETIREMENT TRUSTORDINARY250
2.5%
250
2.5%
250
2.5%
250
2.5%
0
0%
ABLE UK HOLDINGS LIMITEDORDINARY0
0%
0
0%
0
0%
0
0%
10,000
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2012-05-06
ABLE UK LIMITEDORDINARY10,000
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ABLE UK LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


Date Title Reference Subject
2013-06-27 The Commisioners for HMRC v Able UK Ltd [2013] UKUT 318 (TCC)
2009-11-24 Able UK Ltd v The Commissioners for Revenue & Customs [2009] UKFTT 323 (TC)

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 39000 Remediation activities and other waste management services)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
NUVIA LIMITED 304 BRIDGEWATER PLACE, BIRCHWOOD, WARRINGTON, ENGLAND, WA3 6XG 02063786 2017-12-31 89,208,000 -537,000 43999-Other specialised construction activities not elsewhere classified
RECONOMY (UK) LIMITED KELSALL HOUSE STAFFORD COURT, STAFFORD PARK 1, TELFORD, SHROPSHIRE, ENGLAND, TF3 3BD 02951661 2015-12-31 82,379,000 4,543,000
SSSI LIMITED DEPTFORD RECYCLING CENTRE, LANDMANN WAY, LONDON, SE14 5RS 08915332 2018-03-31 34,148,782 0
DUNTON ENVIRONMENTAL LIMITED SOTERION HOUSE NORTHGATE, ALDRIDGE, WALSALL, WEST MIDLANDS, ENGLAND, WS9 8TH 05839536 2017-11-30 17,438,813 0
WESTMINSTER WASTE LIMITED UNIT 5 SWAKER YARD, 2B THEOBALD STREET, HERTS, ENGLAND, WD6 4SE 07465506 2017-12-31 12,489,538 0
HEVERIN HAULAGE LIMITED HILL & COLES FARM, FLAMSTEAD LONDON ROAD,, ST. ALBANS, HERTFORDSHIRE, AL3 8HA 03580959 2017-06-30 10,563,678 0
WALTET MATERIALS LIMITED UNIT 4 ANDES ROAD, NURSLING, SOUTHAMPTON, HAMPSHIRE, SO16 0YZ 03230908 2017-07-31 8,637,522 0
FUTUR FIRST LIMITED 71-75 SHELTON STREET, COVENT GARDEN, LONDON, ENGLAND, WC2H 9JQ 09866894 2017-12-31 3,573,147 0
P & D MATERIAL RECOVERY LTD BERTH 6 BASIN 3, CHATHAM DOCKYARDS, GILLINGHAM, KENT, ME4 4SR 10040246 2019-03-31 3,109,415 0
WHITEFORD GEOSERVICES LTD STRAID HOUSE, 2 MAIN STREET, STRAID, BALLYCLARE, BT39 9NE NI044990 2017-12-31 1,559,753 0 43130-Test drilling and boring
71122-Engineering related scientific and technical consulting activities
71200-Technical testing and analysis
ECOGENR8 LIMITED BELVEDERE POINT UNIT 1A ALEXANDRIA PARK, 1 PENNER ROAD, HAVANT, HAMPSHIRE, ENGLAND, PO9 1QY 07455556 2018-11-30 1,087,559 0
JOHN SLATTERY LIMITED SUITE 4 MALLING MEMORIAL INSTITUTE, 9 HIGH STREET, WEST MALLING, KENT, ME19 6QH 06560958 2017-06-30 927,076 0
TANDEM UK LIMITED F/F 43 WHITECROSS ROAD, WESTON-SUPER-MARE, SOMERSET, BS23 1EN 06464762 2018-12-31 489,730 0 52290-Other transportation support activities
ALL AREA DRAINAGE SERVICES LIMITED 194 STANLEY ROAD, TEDDINGTON, MIDDLESEX, TW11 8UE 05194678 2018-08-31 197,874 0
ANGEL OF MERCY LIMITED 5 CHIGWELL ROAD, LONDON, UNITED KINGDOM, E18 1LR 08439802 2018-03-31 187,000 0
MG RAIL & DRAINAGE LIMITED 7 THRUSH CLOSE, CHATHAM, KENT, ME5 7TG 09087794 2018-06-30 129,040 0
EUROPEAN RECYCLE LTD ENTERPRISE HOUSE, OCEAN VILLAGE, SOUTHAMPTON, HAMPSHIRE, UNITED KINGDOM, SO14 3XB 07989392 2018-03-31 118,260 0
BARNES RECYCLING LIMITED 167 UXBRIDGE ROAD, LONDON, W7 3TH 09103457 2017-06-30 97,143 0
PLM (UK) LIMITED ST GEORGES HOUSE, 6TH FLOOR, 15 HANOVER SQUARE, LONDON, ENGLAND, W1S 1HS 08545688 2017-12-31 95,273 0 80200-Security systems service activities
GIBSON LAND RECLAMATION LIMITED 39 ANNALEE ROAD, SOUTH OCKENDON, ESSEX, ENGLAND, RM15 5BZ 09731734 2017-08-31 77,162 0
MORGAN SHELDON LTD BRITANNIA ACCOUNTANCY & TAX SERVICES LTD, A66 & A69, THE SANDERSON CENTRE LEES LANE, GOSPORT, HAMPSHIRE, PO12 3UL 07392843 2018-03-31 71,363 0
LONGFIELD KNOTWEED SOLUTIONS LTD 11 CHAMBERLAIN CRESCENT, WEST WICKHAM, ENGLAND, BR4 0LJ 08790527 2018-11-30 70,946 0
REFAIRE LIMITED UNIT 14 BROOKENBY BUSINESS PARK, BROOKENBY, BINBROOK, MARKET RASEN, LINCOLNSHIRE, ENGLAND, LN8 6HF 10778623 2018-05-25 69,188 0
BLOCKED DRAINS AND PLUMBING LTD UNIT 2, 32-34 STATION CLOSE, POTTERS BAR, ENGLAND, EN6 1TL 10011620 2018-02-28 65,265 0
PRACTICALLY GREEN LTD PABBAY WARDLAW ROAD, KIRKHILL, INVERNESS, UNITED KINGDOM, IV5 7NB SC505139 2017-05-31 44,148 0
SUSTAINABLE ENERGY ALTERNATIVE SOLUTIONS LIMITED 206 UPPER RICHMOND ROAD WEST, LONDON, ENGLAND, SW14 8AH 08187789 2018-09-30 35,665 0
IMETER TECHNOLOGY COMPANY LTD 20 MOOR LANE, KIRK LANGLEY, ASHBOURNE, DERBYSHIRE, DE6 4LQ 06904512 2018-05-31 4,239 0
STUDENTCLEAN LTD 23 STANMORE ROAD, BELVEDERE, UNITED KINGDOM, DA17 6EB 11021437 2018-10-31 1,200 0 55900-Other accommodation
96010-Washing and (dry-)cleaning of textile and fur products
97000-Activities of households as employers of domestic personnel
QUATTRO (UK) LIMITED QUATTRO HOUSE ACTON GOODS YARD, 305 HORN LANE, ACTON, LONDON, UNITED KINGDOM, W3 0BP 02744918 0000-00-00 0 0 77320-Renting and leasing of construction and civil engineering machinery and equipment
URBASER LIMITED FIRST FLOOR, WESTMORELAND HOUSE, 80 - 86 BATH ROAD, CHELTENHAM, GLOUCESTERSHIRE, ENGLAND, GL53 7JT 03588422 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
ABLE UK LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 1.1% 3.5% 7.4% Medium
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.6% 1.5% 2.5% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 1.0% 5.6% 10.9% Medium
Do you have a dispute with a business?
Make it public