{"name":"ABSOLUTE LIVING DEVELOPMENTS LTD","company_number":"08766275","status":"Liquidation","type":"Private Limited Company","incorporated":"2013-11-07","dissolved":null,"registered_office":"GLADSTONE HOUSE, 77-79 HIGH STREET, EGHAM, SURREY, TW20 9HY","postcode":"TW20 9HY","sic_codes":[{"code":96090,"description":"Other service activities not elsewhere classified"}],"principal_activity":null,"previous_names":[],"warnings":["This company is in liquidation."],"accounts":{"category":"TOTAL EXEMPTION SMALL","year_end":"29 November","last_made_up_to":"2014-11-29","next_due":"2016-08-29"},"employees":null,"financials":[{"financial_date":"2014-11-29","net_assets":1577,"cash":135480}],"officers":{"current":1,"resigned":6,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[{"date":"2016-08-22","kind":"insolvency"}],"insolvency_outcome":null,"ai_summary":"Absolute Living Developments Ltd pursued a high-risk property development strategy, amassing a large asset base funded by substantial debt, which led to a critical liquidity crisis. The company’s failure to manage its working capital, evidenced by a negative net current asset position and significant unsecured director loans, resulted in its inability to meet short-term obligations, culminating in its current status of Liquidation. This case serves as a cautionary example of the dangers of aggressive leverage and weak internal financial controls in a capital-intensive industry.","website":"http://www.absoluteliving.net","links":{"page":"https://www.companiesintheuk.co.uk/ltd/absolute-living-developments","people":"https://www.companiesintheuk.co.uk/company/absolute-living-developments/people","filing_history":"https://www.companiesintheuk.co.uk/company/absolute-living-developments/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/08766275","financials":"https://www.companiesintheuk.co.uk/company/absolute-living-developments/financial","gazette":"https://www.companiesintheuk.co.uk/company/absolute-living-developments/gazette","charges":"https://www.companiesintheuk.co.uk/company/absolute-living-developments/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/absolute-living-developments/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/absolute-living-developments"}