AB GROUP (ALBION) LIMITED
- 68209Other letting and operating of own or leased real estate
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
9 live charges · 6 lenders · oldest 49.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 49.9 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (47 events)Click to expand
- 2026-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-02-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-01-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-15📄resolutionresolution · RESOLUTIONS
- 2021-05-25📄capital-name-of-class-of-sharescapital · SH08
- 2021-04-29📄capital-alter-shares-consolidationcapital · SH02
- 2021-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-24📄mortgage-create-with-deedmortgage · MR01
- 2020-06-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-06-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-06-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-06-24🔓Charge satisfied #7
- 2020-06-24🔓Charge satisfied #6
- 2020-06-24🔓Charge satisfied #5
- 2020-06-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-06-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-06-16🔒Charge registered #9Lender: Kensington Mortgage Company Limited
- 2020-06-16🔒Charge registered #8Lender: Kensington Mortgage Company Limited
- 2013-11-22🔒Charge registered #7Lender: Llyds Tsb Bank PLC
- 2012-12-21🔒Charge registered #6Lender: Lloyds Tsb Bank PLC
- 2012-10-31🔒Charge registered #5Lender: Lloyds Tsb Bank PLC
- 2006-12-01➖HIRST, Adam Peregrine resigneddirector
- 2006-10-11➕HIRST, Joanne appointedsecretary
- 2006-10-11➕HIRST, Joanne appointeddirector
- 2006-09-01➖BELL, Peter Barrington resignedsecretary
- 2006-09-01➖BELL, Peter Barrington resigneddirector
- 2003-05-09➕BELL, Peter Barrington appointedsecretary
- 2003-05-08➖MCDOUGALL, Jack resignedsecretary
- 2003-05-08➖MCDOUGALL, Jack resigneddirector
- 2001-05-02➕HIRST, Adam Peregrine appointeddirector
- 2001-05-02➖TURTON, Lance resigneddirector
- 1997-07-22➕HIRST, Jason Nevin Jerome appointeddirector
- 1997-03-24➕BELL, Peter Barrington appointeddirector
- 1997-03-22➕TURTON, Lance appointeddirector
- 1996-12-23➖HIRST, Jerome Francis resigneddirector
- 1994-03-25🔒Charge registered #4Lender: Yorkshire Bank PLC
- 1994-03-21🔓Charge satisfied #3
- 1994-03-21🔓Charge satisfied #2
- 1994-03-21🔓Charge satisfied #1
- 1981-11-09🔒Charge registered #3Lender: Yorkshire Bank Limited
- 1981-10-16🔒Charge registered #2Lender: Yorkshire Bank LTD.
- 1976-05-21🔒Charge registered #1Lender: Yorkshire Bank LTD.
- 1937-06-15🏢Company incorporatedAs AB GROUP (ALBION) LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 89 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Joanne Hirst Individual · British · DOB 07/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 15/02/2022 |
Mr Jason Nevin Jerome Hirst Individual · British · DOB 07/1965 · age 61 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 12/02/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (3 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/06/2020 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/06/2020 | — | |
| satisfied | Lloyds Banking Group Llyds Tsb Bank PLC | A registered charge | 1 property | 22/11/2013 | 24/06/2020 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 21/12/2012 | 24/06/2020 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 31/10/2012 | 24/06/2020 | |
| outstanding | Virgin Money Yorkshire Bank PLC | Legal charge | 1 property | 25/03/1994 | — | |
| satisfied | Virgin Money Yorkshire Bank Limited | Legal charge | 1 property | 09/11/1981 | 21/03/1994 | |
| satisfied | Virgin Money Yorkshire Bank LTD. | Charge | 1 property | 16/10/1981 | 21/03/1994 | |
| satisfied | Virgin Money Yorkshire Bank LTD. | Debenture | 2 properties | 21/05/1976 | 21/03/1994 |