ABLE2 UK LIMITED
Company number 04882353 · Monitor this company
Executive summary
ABLE2 UK Limited presents a mixed credit profile. The company has a reasonable equity base of £3.4m and a long trading history in medical equipment manufacturing, but faces significant liquidity concerns with near-zero cash reserves (£729) and a loss-making position in 2024. The concentration of 81% of current assets in debtors, combined with a systematic depletion of cash from £1.79m (2017) to current levels, raises serious questions about working capital management and potential cash extraction by the parent company. A conditional credit approach is warranted, requiring enhanced financial reporting, cash flow monitoring, and understanding of intercompany arrangements before advancing any facility.
Shareholders' funds
£3,396,746
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-08-29
- Employees
- 36 (2024 accounts)
- Registered office
- Bridge Mill, Moorgate Street, Blackburn, Lancashire, BB2 4PB
- Postcode
- BB2 4PB
- Capital
- 1,756,396 GBP
- Accounts category
- Total Exemption Full
- Charges
- 4 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-08-25
- Next due by
- 2027-09-08
Nature of business (SIC)
- 26600 Manufacture of irradiation, electromedical and electrotherapeutic equipment
Officers 2 current · 4 resigned
Group structure
Controlled by ADL HOLDINGS LIMITED — since 2016-08-28
From persons-with-significant-control filings on the public register.
Public contracts won 2
£33,400,000 total awarded value where published.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Previous company names
| Name | Date changed |
|---|---|
| PROMEDICS ADL LIMITED | 2009-02-26 |
| PROMEDICS LIMITED | 2008-04-10 |
| MARPLACE (NUMBER 607) LIMITED | 2004-03-01 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| FOURTH FLOOR, BROOK HOUSE 77 FOUNTAIN STREET, MANCHESTER, LANCASHIRE M2 2EE | 2004-02-13 |
Among its peers
Top 25%
by shareholders' funds, of 37 similar companies in BB — measured against the wider sector
Among the biggest employers among its local peers (36 staff).
Trading since 2003.
The class of 2003
38%
of the 163,090 companies incorporated in 2003 are still active today; 59% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Freehold
- 1
- Most recent registration
- 2004-03-10
- Where
- Blackburn With Darwen
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| LA831393 | Blackburn With Darwen | Freehold | 2004-03-10 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.