{"name":"ABSOLUTE BOARD CO. LIMITED","company_number":"08130948","status":"Active","type":"Private Limited Company","incorporated":"2012-07-05","dissolved":null,"registered_office":"Unit 2, M3 Trade Park, Manor Way, Eastleigh, England, SO50 9YA","postcode":"SO50 9YA","sic_codes":[{"code":46499,"description":"Wholesale of household goods (other than musical instruments) not elsewhere classified"}],"principal_activity":null,"previous_names":[{"name":"ABSOLUTE DISTRIBUTORS LTD","changed_on":"2013-03-25"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"30 June","last_made_up_to":"2025-06-30","next_due":"2027-03-31"},"employees":{"count":2,"accounts_date":"2025-06-30"},"financials":[{"financial_date":"2025-06-30","net_assets":118673,"cash":42055,"average_employees":2},{"financial_date":"2024-06-30","net_assets":968304,"cash":54451,"average_employees":2},{"financial_date":"2023-06-30","net_assets":1029384,"cash":38357},{"financial_date":"2022-06-30","net_assets":978111,"cash":30085},{"financial_date":"2021-06-30","net_assets":943150,"cash":8852}],"officers":{"current":2,"resigned":3,"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":[],"insolvency_outcome":null,"ai_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.","website":"https://www.absoluteboardco.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/absolute-board-co-1","people":"https://www.companiesintheuk.co.uk/company/absolute-board-co-1/people","filing_history":"https://www.companiesintheuk.co.uk/company/absolute-board-co-1/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/08130948","financials":"https://www.companiesintheuk.co.uk/company/absolute-board-co-1/financial","control":"https://www.companiesintheuk.co.uk/company/absolute-board-co-1/control","charges":"https://www.companiesintheuk.co.uk/company/absolute-board-co-1/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/absolute-board-co-1/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-board-co-1"}