UK Companies House feature
ABUNDANCE INVESTMENT LTD
Cash
£762K
+247.8% vs 2019
Net assets
£1M
+47.6% vs 2019
Employees
18
-5.3% vs 2019
Profit before tax
-£564K
+47.7% vs 2019
Profile
- Company number
- 07049166
- Status
- Active
- Incorporation
- 2009-10-19
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2020-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-12-31 |
|---|---|---|---|---|
| Turnover | — | £1,838,400 | £1,357,770 | |
| Operating profit | — | -£1,116,132 | -£584,787 | |
| Profit before tax | — | -£1,079,044 | -£564,070 | |
| Net profit | — | -£965,896 | -£310,581 | |
| Cash | £502,927 | £219,169 | £762,277 | |
| Total assets less current liabilities | — | £835,327 | £1,208,465 | |
| Net assets | — | £784,327 | £1,157,465 | |
| Equity | £1,750,223 | £784,327 | £1,157,465 | |
| Average employees | — | 19 | 18 | |
| Wages | — | £1,209,616 | £990,333 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Menzies LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has reduced costs significantly during 2023 and 2024 in the face of the negative macro environment. However, the reduced overheads, the current bank balances and future expected income provide the necessary working capital for the company's operations. The company expects to operate at or around breakeven during 2025 and 2026, returning to increasing profitability thereafter. The directors have no reason to believe that a material uncertainty exists that may cast doubt on the ability of the company to continue as a going concern.”
Subsidiaries
- Abundance Portfolio Services Limited · 100% held · London, England · Dormant
- Abundance Nominee Limited · 100% held · London, England · Dormant
Significant events
- “During the year, the municipal lending business continued to build momentum by year end, 13 councils had used the platform to raise loans and two councils had concluded more than one loan.”
- “With the macroeconomic environment still challenging for much of 2024 and policy uncertainty high, the company refrained from arranging any corporate investments.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TRINDER, Lara | Secretary | 2018-09-30 | — | — |
| DAVIS, Bruce Michael | Director | 2009-10-19 | Oct 1972 | British |
| HARDER, Karl | Director | 2009-10-19 | Nov 1975 | British |
| JONES, William Richard | Director | 2010-08-04 | Mar 1964 | British |
| TAYLOR, Mark Damon | Director | 2010-08-04 | Jun 1965 | British |
| WILSON, Cara Louise | Director | 2010-10-21 | Aug 1968 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, William James, Dr | Director | 2010-08-04 | 2010-11-26 |
| LEVENE, Alexei | Director | 2009-10-19 | 2010-09-21 |
| PASSFIELD, Justin Brian | Director | 2011-07-14 | 2013-09-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Karl Harder | Individual | Significant influence | 2016-08-01 | Ceased 2018-10-05 |
| Ms Cara Louise Wilson | Individual | Significant influence | 2016-08-01 | Ceased 2018-10-05 |
Filing timeline
Last 20 of 143 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-21 | RESOLUTIONS | resolution | resolution |
| 2025-12-21 | MA | incorporation | memorandum articles |
| 2025-10-29 | CH01 | officers | change person director company with change date |
| 2025-10-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-07-08 | AA | accounts | accounts with accounts type full |
| 2024-10-12 | AA | accounts | accounts with accounts type full |
| 2024-10-07 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-10-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-29 | AA | accounts | accounts with accounts type full |
| 2023-01-16 | SH01 | capital | capital allotment shares |
| 2023-01-16 | SH01 | capital | capital allotment shares |
| 2022-10-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-10-07 | AA | accounts | accounts with accounts type small |
| 2022-06-21 | SH01 | capital | capital allotment shares |
| 2022-04-13 | SH01 | capital | capital allotment shares |
| 2022-04-13 | SH01 | capital | capital allotment shares |
| 2022-04-13 | SH01 | capital | capital allotment shares |
| 2022-04-13 | SH01 | capital | capital allotment shares |
| 2022-04-13 | SH01 | capital | capital allotment shares |
| 2022-04-13 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ (private-firm) · reference 2020-12-31
4.24
SAFE
Altman Z″
- Working capital / Total assets 0.673 × 6.56 = +4.42
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.335 × 6.72 = -2.25
- Book equity / Total liabilities 1.975 × 1.05 = +2.07
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory