AGB NARIB LIMITED

💤Zombieactive
00778919 · ltd · incorporated 1963-10-29
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Manufacture of other builders' carpentry and joinery
Sector: Manufacturing
ALSO REGISTERED FOR
  • 43320Joinery installation
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

8 live charges · 3 lenders · oldest 46.2y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 46.2 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (70/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-30
Average employees1300

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-02-17
    ➖
    WRIGHT, Patricia Miller resigned
    director
  4. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-06-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2022-07-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-07-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2020-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-03-30
    ➖
    WRIGHT, Patricia Miller resigned
    secretary
  12. 2019-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-04-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-06-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-06-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-07-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2008-10-28
    ➖
    WRIGHT, Brian Walter resigned
    director
  19. 2001-10-01
    ➕
    WRIGHT, Martin Douglas appointed
    director
  20. 1991-06-12
    🔒
    Charge registered #8
    Lender: Barclays Bank PLC
  21. 1991-06-12
    🔒
    Charge registered #7
    Lender: Barclays Bank PLC
  22. 1991-06-03
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC
  23. 1985-09-23
    🔒
    Charge registered #5
    Lender: Lloyds Bank PLC
  24. 1985-03-05
    🔒
    Charge registered #4
    Lender: Lloyds Bank PLC
  25. 1982-03-15
    🔒
    Charge registered #3
    Lender: Tidemill Holdings Limited
  26. 1981-01-22
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  27. 1980-04-23
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  28. 1963-10-29
    🏢
    Company incorporated
    As AGB NARIB LIMITED

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 63 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 low
8 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Martin Douglas Wright
Individual · British · DOB 07/1960 · age 66
50–75%
—50-75% shares01/06/2016
Patricia Wright/Agb Narib Ltd
Individual · British · DOB 03/1938 · age 88
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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00884462 · est 1966 · no financials extracted
————59y——
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14547705 · est 2022 · no financials extracted
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02086981 · est 1987 · no financials extracted
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08029057 · est 2012 · no financials extracted
————14y——
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06633569 · est 2008 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated1963-10-29
Jurisdictionengland-wales
Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

Fen End
Astwick Road
Stotfold Hitchin
Hertfordshire
SG5 4BA

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-06-13
Last: 2026-05-30

Officers (1 active · 3 resigned)

WRIGHT, Martin Douglas→
director · ~66y · appointed 2001-10-01
View their other companies + combined net worth →
Active
WRIGHT, Patricia Miller→
secretary · resigned 2020-03-30
Resigned
WRIGHT, Brian Walter→
director · ~92y · resigned 2008-10-28
Resigned
WRIGHT, Patricia Miller→
director · ~88y · resigned 2025-02-17
Resigned

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

Mortgages & charges

8
Total charges
8
Outstanding
3
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Debenture1 property12/06/1991—
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property12/06/1991—
outstanding
Barclays
Barclays Bank PLC
Legal charge2 properties03/06/1991—
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Debenture1 property23/09/1985—
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Legal charge1 property05/03/1985—
outstanding
Tidemill Holdings
Tidemill Holdings Limited
Charge1 property15/03/1982—
outstanding
Barclays
Barclays Bank PLC
Guarantee & debenture1 property22/01/1981—
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property23/04/1980—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (94 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-30
termination-director-company-with-name-termination-date
officers · TM01
2025-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-23
termination-secretary-company-with-name-termination-date
officers · TM02
2020-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-13