ABSOLUTE BOARD CO. LIMITED
Company number 08130948 · Monitor this company
Executive summary
Absolute Board Co. Limited has undergone a fundamental balance sheet restructuring in FY2025, with net assets declining 87.7% to £118,673 following the near-elimination of approximately £4.3M in intercompany receivables and £3.5M in intercompany payables with its Australian parent. While the company remains solvent with positive net current assets of £119,724, the dramatic contraction, lack of P&L visibility, and uncertain ongoing parent support create material credit concerns. Any credit facility should be conditional on obtaining satisfactory explanations for the restructuring, confirmed parent company support, and appropriate security or guarantees.
Shareholders' funds
£118,673
Balance sheet as at 2025-06-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2012-07-05
- Employees
- 2 (2025 accounts)
- Registered office
- Unit 2, M3 Trade Park, Manor Way, Eastleigh, England, SO50 9YA
- Postcode
- SO50 9YA
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-06-30
- Next due by
- 2027-03-31
- Financial year end
- 30 June
Confirmation statement
- Last statement dated
- 2026-07-05
- Next due by
- 2027-07-19
Nature of business (SIC)
- 46499 Wholesale of household goods (other than musical instruments) not elsewhere classified
Officers 2 current · 3 resigned
Contact details
- Website
- absoluteboardco.com
Previous company names
| Name | Date changed |
|---|---|
| ABSOLUTE DISTRIBUTORS LTD | 2013-03-25 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| UNIT 1A. 1 NORTH ROAD, MARCHWOOD INDUSTRIAL PARK, SOUTHAMPTON, HAMPSHIRE, SO40 4BL | 2018-08-13 |
| UNIT N GRIFFIN INDUSTRIAL PARK, TOTTON, SOUTHAMPTON, SO40 3SH, UNITED KINGDOM | 2014-06-24 |
| C/O MATTHEW CAMPBELL, BEVAN COURT 27 TREDEGAR ROAD, LONDON, E3 2GP, UNITED KINGDOM | 2012-09-19 |
Among its peers
Top 10%
by shareholders' funds, of 24 similar companies in SO
Trading since 2012.
Competitors Southampton
This company ranks 2 among wholesale of household goods (other than musical instruments) not elsewhere classified in Southampton.
The class of 2012
26%
of the 254 companies in this sector incorporated in 2012 are still active today; 68% have since been dissolved.
A fact about the year, not a forecast for this company.