ABEL DRAINAGE LTD
Company number SC677968 · Monitor this company
Executive summary
ABEL DRAINAGE LTD currently faces a high risk profile due to negative net assets and significant current liabilities exceeding current assets, combined with director loan advances indicating potential liquidity constraints. While the company maintains compliance with filing requirements and retains operational activity, the financial position suggests ongoing solvency challenges that warrant further detailed financial and operational review before investment consideration.
Shareholders' funds
-£24,080
Balance sheet as at 2025-10-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2020-10-19
- Employees
- 3 (2025 accounts · was 2 in 2024)
- Registered office
- 77 Alexander Street, Dunoon, Scotland, PA23 7BB
- Postcode
- PA23 7BB
- Capital
- 1 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2025-08-16
- Next due by
- 2026-08-30
Nature of business (SIC)
- 37000 Sewerage
Officers 1 current
MR Wayne BRAID
Director
The class of 2020
32%
of the 775,721 companies incorporated in 2020 are still active today; 64% have since been dissolved.
A fact about the year, not a forecast for this company.