BAXTER HART & ABRAHAM LIMITED

🌳Matureactive
00569293 · ltd · incorporated 1956-07-23
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 57.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£212.1k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 14190
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 68-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 57.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 57.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £212,113
Cash YoY
+24%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£84k
↑ 24% YoY
Net Worth
£212k
↑ 7.7% YoY
Current Assets
£194k
↑ 8.6% YoY
Current Liabilities
—
£0£42k£85k£127k£170k£212kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£212.1k£196.9k
Current assets£193.6k£178.3k
Cash£84.2k£68.0k
Debtors£31.9k£23.6k
Net assets£212.1k£196.9k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-10-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2019-10-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2019-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-02-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2018-11-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2018-11-12
    ➕
    HORN, Nicholas Tony Andre appointed
    director
  15. 2018-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-03-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2010-01-12
    ➕
    HORN, Richard Charles appointed
    secretary
  18. 2010-01-12
    ➖
    HORN, Tony Charles resigned
    secretary
  19. 2010-01-12
    ➖
    HORN, Tony Charles resigned
    director
  20. 2009-07-24
    🔓
    Charge satisfied #1
  21. 2003-06-16
    ➖
    HORN, Gillian Sheilagh resigned
    director
  22. 1968-12-12
    🔒
    Charge registered #1
    Lender: Barclays Bank LTD
  23. 1956-07-23
    🏢
    Company incorporated
    As BAXTER HART & ABRAHAM LIMITED

Owner dependency

81/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 70 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Richard Charles Horn
Individual · British · DOB 12/1958 · age 68
25–50%
25–50%board control25-50% shares · 25-50% voting · board control04/12/2018
Mr John Harvey Horn
Individual · British · DOB 04/1960 · age 66
25–50%
25–50%board control25-50% shares · 25-50% voting · board control01/07/2016
1 historic (ceased) PSC
  • The Executors Of Tony Hornceased 04/12/2018· 50-75% shares · 50-75% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒Advanced scoring suite

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

Statusactive
Typeltd
Incorporated1956-07-23
Jurisdictionengland-wales
Primary SIC14190 — SIC 14190

Registered office

141 New Bedford Road,
Luton,
Bedfordshire
LU3 1LF

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-16
Last: 2025-12-02

Officers (3 active · 3 resigned)

HORN, Richard Charles→
secretary · appointed 2010-01-12
View their other companies + combined net worth →
Active
HORN, Nicholas Tony Andre→
director · ~37y · appointed 2018-11-12
View their other companies + combined net worth →
Active
HORN, Richard Charles→
director · ~68y
View their other companies + combined net worth →
Active
HORN, Tony Charles→
secretary · resigned 2010-01-12
Resigned
HORN, Gillian Sheilagh→
director · ~90y · resigned 2003-06-16
Resigned
HORN, Tony Charles→
director · ~93y · resigned 2010-01-12
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Barclays
Barclays Bank LTD
Legal charge1 property12/12/196824/07/2009

Recent filings (99 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-15
change-person-director-company-with-change-date
officers · CH01
2023-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-02