ABSTRACT WORX LIMITED

Executive Summary

Abstract Worx Limited is currently experiencing significant liquidity challenges, with negative working capital worsening over recent years and a very thin equity buffer. While not insolvent, the company's financial health is fragile, requiring urgent attention to cash flow management and potential capital strengthening. Prompt action can stabilize the situation and improve the company’s financial prognosis.

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Who controls this company?

Mr, Michael James Tuitt

Correspondence address
10, Kingsmead, Waltham Cross, England, EN8 0EG
Date of birth
November 1972
Notified on
2020-08-03
Nationality
British
Country of residence
England
Nature of control
Owns more than 75% of the company's shares
Has more than 75% of the voting rights in the company


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