ABBEY SERVICE STATION LIMITED
- · Oldest live charge 38.6y old — refinance window within 12 months
- 46120SIC 46120
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
5 live charges · 2 lenders · oldest 38.6y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 38.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key 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 | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £1.33M | £1.26M |
| Current assets | £646.0k | £650.4k |
| Cash | £456.4k | £490.5k |
| Debtors | £116.8k | £80.7k |
| Net assets | £888.5k | £743.2k |
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 confirmation-statement
Corporate timeline (28 events)Click to expand
- 2025-06-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-06-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-07-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-07📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-06-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-06-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-08-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-07-05🔓Charge satisfied #5
- 2018-07-05🔓Charge satisfied #4
- 2018-07-05🔓Charge satisfied #3
- 2018-07-05🔓Charge satisfied #2
- 2018-07-05🔓Charge satisfied #1
- 2018-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2005-08-18🔒Charge registered #5Lender: Barclays Bank PLC
- 2003-07-25🔒Charge registered #4Lender: Barclays Bank PLC
- 1992-12-21➕INGRAO, Calogerina appointeddirector
- 1992-08-10🔒Charge registered #3Lender: Barclays Bank PLC
- 1988-04-18🔒Charge registered #2Lender: Barclays Bank PLC
- 1987-11-27🔒Charge registered #1Lender: Midland Bank PLC
- 1970-10-02🏢Company incorporatedAs ABBEY SERVICE STATION 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 34 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 72 — succession pressure is live.
- +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.
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 56 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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Carmelo Ingrao Individual · Italian · DOB 03/1954 · age 72 | 25–50% | — | 25-50% shares | 06/04/2016 |
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 · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 18/08/2005 | 05/07/2018 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 25/07/2003 | 05/07/2018 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee and debenture | 1 property | 10/08/1992 | 05/07/2018 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 18/04/1988 | 05/07/2018 | |
| satisfied | Midland Bank Midland Bank PLC | Charge on book debts | 1 property | 27/11/1987 | 05/07/2018 |