ABILITY OUTLET LIMITED

UNIT 4-5 THE FORUM THE FORUM, HIGH STREET, SITTINGBOURNE, KENT, ME10 3DL

Company Number: 06494320
Incorporation date: 05-Feb-2008
Status: Active
Entity type: Private Limited Company

SIC codes:
47749 Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) not elsewhere classified





SUMMARY

This company is 16.2 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 372.8 thousand which has decreased from the previous year's figure of GBP 379.2 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -6.3 thousand in the last reported period. The company has 3 active officers (directors or partners) who are or were officers of 3 other companies, 1 (33.3%) 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 no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Nov-2024
Accounts Filed: TOTAL EXEMPTION FULL (28-Feb-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
28-Feb-2022 GBP 1,901,804 138,190 4,155 23,840 110,195
28-Feb-2021 GBP 895,527 122,210 4,013 22,975 95,222
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
28-Feb-2023 GBP 167,816 519,378 293,430 81,361 80,100 292,710 372,810
28-Feb-2022 GBP 140,507 494,581 238,323 111,055 80,100 299,055 379,155
28-Feb-2021 GBP 113,617 354,634 120,616 129,386 80,100 244,301 324,401
29-Feb-2020 GBP 12,421 312,157 148,798 77,529 80,100 206,880 286,979
28-Feb-2019 GBP 8,903 252,267 187,664 86,733 100 182,565 182,665
28-Feb-2018 GBP 7,564 209,743 168,847 110,500 100 140,871 140,971
28-Feb-2017 GBP 21,160 231,983 159,187 134,061 100 156,365 156,465
28-Feb-2016 GBP 63,446 172,570 266,798 100 119,264 119,364
28-Feb-2015 GBP 73,315 147,908 35,632 100 123,515 123,615
28-Feb-2014 GBP 44,479 135,678 27,303 100 120,335 120,435
28-Feb-2013 GBP 39,390 88,403 38,693 100 62,553 62,653
29-Feb-2012 GBP 46,529 110,143 51,493 100 71,904 72,004

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
29-Feb-2020 GBP 99.88% 80,000 100 80,100 111,569
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Lorraine WILSON 09 Feb 2021 29 Mar 2024 1 - 0
Resigned Paula JOHNSON 05 Feb 2008 03 Jan 2011 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Lorraine WILSON 21 Feb 2022 Accountant English 1 - 00 (0.0%)
Active Paula Louise JOHNSON 06 Apr 2018 Retailer British 1 - 00 (0.0%)
Active Graham John JOHNSON 05 Feb 2008 Health Care English 2 - 22 (50.0%)
Number of active directors: 3
Average tenure of active directors: 8.1 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 16.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
COUNTRYWIDE CARE NETWORK LIMITED (02668131) - Active
CASH INN AUCTIONS LIMITED (05878662) - Dissolved
ABILITY OUTLET LIMITED (06494320) - Active
MAPLE DOMICILIARY CARE LIMITED (07750426) - Dissolved

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ABILITY OUTLET 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


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 47749 Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) not elsewhere classified)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
MEDEQUIP ASSISTIVE TECHNOLOGY LIMITED UNIT 2 SUMMIT CENTRE, SKYPORT DRIVE HARMONDSWORTH, WEST DRAYTON, MIDDLESEX, UB7 0LJ 04198824 2017-12-31 159,933,000 5,511,000
SQUADRON MEDICAL LIMITED DCC VITAL WESTMINSTER INDUSTRIAL ESTATE, REPTON ROAD,, MEASHAM, SWADLINCOTE, DERBYSHIRE, ENGLAND, DE12 7DT 03081982 2018-03-31 57,660,000 361,000
FANNIN (UK) LIMITED DCC VITAL WESTMINSTER INDUSTRIAL ESTATE, REPTON ROAD, MEASHAM, SWADLINCOTE, DERBYSHIRE, ENGLAND, DE12 7DT 02663514 2018-03-31 54,079,000 22,303,000
WILLIAMS MEDICAL SUPPLIES LIMITED CRAIGLAS HOUSE, MAERDY INDUSTRIAL ESTATE, RHYMNEY, TREDEGAR, GWENT, NP22 5PY 04240054 2018-03-31 47,240,000 7,551,000
FANNIN (NI) LIMITED UNIT 2, HERON VIEW, AIRPORT ROAD WEST, BELFAST, BT3 9LN NI021850 2018-03-31 14,668,000 921,000
EDWARDS LIFESCIENCES LIMITED CANNON PLACE, 78 CANNON STREET, LONDON, EC4N 6AF 03879325 2018-12-31 12,286,098 0
PFM MEDICAL UK LIMITED SUITE 3 ARMCON BUSINESS PARK LONDON ROAD SOUTH, POYNTON, STOCKPORT, CHESHIRE, UNITED KINGDOM, SK12 1LQ 06151049 2017-12-31 4,719,474 0
LIPTROTS (FARSLEY) LIMITED 2 PETERWOOD WAY, CROYDON, ENGLAND, CR0 4UQ 05994048 2016-10-31 995,324 0
M.I.S.S. OPHTHALMICS LIMITED 3 RYDER COURT, SAXON WAY EAST, OAKLEY HAY INDUSTRIAL ESTATE, CORBY, ENGLAND, NN18 9NX 05243460 2017-07-31 811,891 0
SIRIUS DISTRIBUTION LTD VINE HOUSE CHURCH HILL, BUCKHORN WESTON, GILLINGHAM, ENGLAND, SP8 5HS 07211647 2018-06-30 669,769 0
CAPE HOLDINGS LIMITED 2 PETERWOOD WAY, CROYDON, SURREY, ENGLAND, CR0 4UQ 09440413 2018-03-31 621,178 0
CS MEDICAL LIMITED UNIT 6 RINGTAIL ROAD, BURSCOUGH INDUSTRIAL ESTATE, BURSCOUGH, ENGLAND, L40 8JY 09922640 2017-12-31 521,728 0
SI-BONE UK LTD C/O MEDDDBASE UK LIMITED BUILDING 81, GREENHAM BUSINESS PARK, THATCHAM, ENGLAND, RG19 6HW 09719342 2017-12-31 511,024 0
LIPTROTS (CALVERLEY) LIMITED 2 PETERWOOD WAY, CROYDON, ENGLAND, CR0 4UQ 05994082 2016-10-31 487,572 0
LAWSCHEME LIMITED 9 CHURCH ROAD, BURGESS HILL, WEST SUSSEX, ENGLAND, RH15 9BB 02920744 2018-03-31 381,213 0
THERMOLAB SCIENTIFIC LIMITED 37TH FLOOR, 1 CANADA SQUARE,, CANARY WHARF,, LONDON, ENGLAND, E14 5AA 07480601 2017-12-31 321,311 0
GARNANT PHARMACY LIMITED 78 LANGLAND BAY ROAD, LANGLAND, SWANSEA, WALES, SA3 4QR 06485658 2017-07-31 299,140 0
SCOTTISH MEDICAL SUPPLIES LIMITED 90 GEORGE STREET, STRANRAER, SCOTLAND, DG9 7JS SC322549 2018-03-31 91,391 0
BEAUTY EVOLUTION LTD 51 BEAUMONT FEE, LINCOLN, ENGLAND, LN1 1EZ 07923093 2018-07-02 82,424 0 96020-Hairdressing and other beauty treatment
MEDIGEM LTD 122 HIGH STREET, WEST WICKHAM, KENT, BR4 0LZ 05971139 2018-12-31 48,400 0
SINGLE USE INSTRUMENTS LIMITED 52 RIVERVIEW ROAD, EPSOM, ENGLAND, KT19 0LB 06691378 2017-12-31 38,510 0
CALDERDALE STAIRLIFTS LTD UNIT 12A AND B CALDERDALE BUSINESS PARK, CLUB LANE, HALIFAX, UNITED KINGDOM, HX2 8DB 10234054 2018-06-30 19,637 0
MDTI COMPANY LIMITED THE KACE BUILDING, VICTORIA PASSAGE, WOLVERHAMPTON, WV1 4LG 06089910 2018-02-28 12,480 0
AMARIE AESTHETICS LTD HANOVER HOUSE, 85 HANOVER STREET, LIVERPOOL, MERSEYSIDE, UNITED KINGDOM, L1 3DZ 10669747 2019-03-31 11,520 0
ELITE FOOT AND ANKLE LTD 9 VICTORY GROVE, NORWICH, UNITED KINGDOM, NR5 0US 10887346 2019-07-31 6,108 0 86220-Specialists medical practice activities
THERAPURA LIMITED SEGENSWORTH HOUSE, 161 SEGENSWORTH ROAD, TITCHFIELD PARK, HAMPSHIRE, PO15 5EH 05655951 2018-12-31 5,317 0
ATMOS MEDICAL LIMITED 11A THE GREEN, STUBBINGTON GREEN, FAREHAM, ENGLAND, PO14 2JG 03650989 2017-12-31 2,130 0
MEDEQUIP GROUP LIMITED UNIT 2 SUMMIT CENTRE SKYPORT DRIVE, HARMONDSWORTH, WEST DRAYTON, MIDDLESEX, UNITED KINGDOM, UB7 0LJ 09553385 0000-00-00 0 0
MEDEQUIP HOLDINGS LIMITED UNIT 2 SUMMIT CENTRE SKYPORT DRIVE, HARMONDSWORTH, WEST DRAYTON, MIDDLESEX, UNITED KINGDOM, UB7 0LJ 11439302 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
ABILITY OUTLET LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 0.3% 1.6% 3.1% Medium
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.5% 2.1% 5.6% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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