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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-02-07 (in 9mo)

Last made up 2026-01-24

Watchouts

None on the register

Cash

£2M

-44.5% lowest in 3 filed years

Net assets

£8M

-21.2% vs 2023

Employees

9

0% vs 2023

Profit before tax

-£3M

-34.9% vs 2023

Accounts

3-year trend · latest reflected 2024-12-31

Metric Trend 2022-12-312023-12-312024-12-31
Turnover £13,927,611£514,997
Operating profit -£2,146,592-£2,857,130
Profit before tax -£2,026,253-£2,733,503
Net profit £574,702-£1,610,100-£2,033,879
Cash £6,123,235£3,085,645£1,714,074
Total assets less current liabilities £10,413,378£8,379,499
Net assets £9,610,690£7,576,811
Equity £9,610,690£7,576,811
Average employees 1099
Wages £2,419,220£1,880,212£1,901,121
Directors' remuneration £1,497,498£1,565,814

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2022-12-312023-12-312024-12-31
Operating margin -15.4%
Net margin -11.6%
Return on capital employed -20.6%-34.1%
Current ratio 2.50x2.58x
Interest cover -57.05x-26.31x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Azets Audit Services
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

  1. ABSTRACT SECURITIES LIMITED · parent
    1. Abstract (Salford) Limited 100% · United Kingdom · Property investment
    2. Abstract Development Services Limited 100% · United Kingdom · Development services
    3. Abstract (Sherford) Limited 100% · United Kingdom · Property development
    4. Abstract (Bristol) Limited 100% · United Kingdom · Property development

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

5 active · 5 resigned

Name Role Appointed Born Nationality
MILES, Stephanie Secretary 2003-01-31 British
GLATMAN, Mark Lewis Director 2000-03-14 Aug 1956 British
KIRKLAND, John Alexander Charles Director 2014-02-18 Jun 1980 British
MCPHERSON, Christopher John Director 2011-11-04 Jun 1963 British
MILES, Stephanie Director 2004-07-09 Sep 1972 British
Show 5 resigned officers
Name Role Appointed Resigned
FAIRBAIRN, Myra Reid Secretary 2000-03-14 2003-01-31
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2000-03-14 2000-03-14
ARTHUR, Kevin Mccabe Director 2000-03-14 2002-09-02
KIRKLAND, John Nigel Director 2002-09-17 2021-11-10
INSTANT COMPANIES LIMITED Corporate Nominee Director 2000-03-14 2000-03-14

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr John Alexander Charles Kirkland Individual Shares 25–50% 2019-07-18 Active
Mr John Alexander Charles Kirkland Individual Shares 25–50% 2016-04-06 Ceased 2019-05-16
Mr John Nigel Kirkland Individual Shares 25–50% 2016-04-06 Ceased 2019-05-16
Mr Mark Lewis Glatman Individual Shares 25–50% 2016-04-06 Active

Filing timeline

Last 20 of 95 total filings

Date Type Category Description
2026-02-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-01-27 PSC04 persons-with-significant-control Change to a person with significant control PDF
2026-01-27 CH01 officers Change person director company with change date PDF
2025-09-26 AA accounts Accounts with accounts type group PDF
2025-01-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-13 AA accounts Accounts with accounts type group PDF
2024-01-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-15 AA accounts Accounts with accounts type group
2023-05-02 PSC04 persons-with-significant-control Change to a person with significant control PDF
2023-01-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-05-17 AA accounts Accounts with accounts type group
2022-01-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-11-22 TM01 officers Termination director company with name termination date PDF
2021-07-08 CH01 officers Change person director company with change date PDF
2021-05-26 AA accounts Accounts with accounts type group
2021-02-01 AD01 address Change registered office address company with date old address new address PDF
2021-01-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-09-11 AA accounts Accounts with accounts type group
2020-01-22 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page