# ABFAD LIMITED (03165833)

> ABFAD LIMITED is an active private limited company (company number 03165833) incorporated on 28 February 1996, registered in Washington. Its registered activity is other business support service activities n.e.c. (SIC 82990). Latest small accounts cover the period ending 31 March 2025, showing net assets of £608k and cash of £392k, with 8 employees on average. Net assets rose 96% on the prior period (£311k).

- Status: Active
- Incorporated: 1996-02-28
- Registered office: Washington, NE38 8BG
- SIC 82990: Other business support service activities n.e.c.
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-14
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 1,388 comparable companies in Newcastle (median £2,513, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £608k | £392k | £267k | £146k | — | — | 8 |
| 2024-03-31 | £311k | £109k | £282k | £120k | — | — | 7 |

current ratio 4.82; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £607,981 at 31 March 2025
- Net assets up 10% or more on the prior period: +95.5% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 4.82
- Cash at bank of £50,000 or more: Cash £392,289
- Incorporated five or more years ago: Incorporated 28 February 1996

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- The Magnet Partnership Limited (corporate-entity) — owns 75–100% of shares, since 2019-08-23

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03165833
HTML: https://firmoscan.com/company/03165833-abfad-limited