ABACUS DEVELOPMENTS LIMITED
🌳Matureactive
01038942 · ltd · incorporated 1972-01-19
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 68320Management of real estate on a fee or contract basis
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 59). Biggest value-creation lever: Consolidate lender relationships. 16 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
21 live charges · 14 lenders · oldest 40.7y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 40.7 years old — likely at or near maturity.
- · 14 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
21 charges (21/21 with lender, 21/21 with type)
90
Directors & officers
20 officers (3 active, 20 linked, 12 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
217 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
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
2
filings
- • 2 other
Last 90 days
2
filings
- • 2 other
Last 180 days
2
filings
- • 2 other
Counts from Companies House filing history.
Corporate timeline (98 events)Click to expand
- 2026-06-26📄legacyother · GUARANTEE2
- 2026-06-26📄legacyother · AGREEMENT2
- 2025-07-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-17📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-07-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-02📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-07-02📄legacyother · GUARANTEE2
- 2025-06-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-06-20📄legacyaccounts · PARENT_ACC
- 2025-06-20📄legacyother · AGREEMENT2
- 2025-04-17➕DEMPSEY, John Alistair appointedsecretary
- 2025-04-17➖PEARSON, Kevin John resignedsecretary
- 2025-04-17📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-04-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-17➕DEMPSEY, John Alistair appointeddirector
- 2025-01-17➖MCALPINE, Adrian Neil Raeburn resigneddirector
- 2024-08-12📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-08-12📄legacyaccounts · PARENT_ACC
- 2024-08-12📄legacyother · AGREEMENT2
- 2024-08-12📄legacyother · GUARANTEE2
- 2024-03-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-03-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-03-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2018-10-31➕WOTHERSPOON, Robert John William appointeddirector
- 2018-10-31➖SHELLEY, Miles Colin resigneddirector
- 2017-07-31➖BOLT, Andrew Reginald resigneddirector
- 2017-07-31➕SHELLEY, Miles Colin appointeddirector
- 2015-10-01➖SANDERS, Geoffrey Peter resigneddirector
- 2015-10-01➖THOMAS, Huw James resigneddirector
- 2014-03-27➖BRIANT, John Mark resigneddirector
- 2014-03-27➕THOMAS, Huw James appointeddirector
- 2013-06-26➕PEARSON, Kevin John appointedsecretary
- 2013-06-26➖WALKER, Robert Peter resignedsecretary
- 2005-11-30➖COWEN, Brendon Raymond resignedsecretary
- 2005-11-30➕WALKER, Robert Peter appointedsecretary
- 2004-03-31➖PRAIN, Graham Lindsay resigneddirector
- 2002-08-22🔒Charge registered #21Lender: Lloyds Tsb Bank PLC
- 1999-04-30➕BOLT, Andrew Reginald appointeddirector
- 1999-04-30➖BUDDEN, Derek Ernest Arthur resigneddirector
- 1998-09-04➖WOOLF, Robert Anthony resigneddirector
- 1998-02-09➕BRIANT, John Mark appointeddirector
- 1998-01-01➕SANDERS, Geoffrey Peter appointeddirector
- 1995-11-16🔓Charge satisfied #20
- 1995-11-16🔓Charge satisfied #19
- 1995-10-20➕COWEN, Brendon Raymond appointedsecretary
- 1995-10-20➖PRAIN, Graham Lindsay resignedsecretary
Showing most recent 50 of 98 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Sir Robert Mcalpine Enterprises Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Sir Robert Mcalpine Enterprises Limited
Corporate parent · holds 75-100% shares · board control
⬇
ABACUS DEVELOPMENTS LIMITED
This company · 01038942
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Sir Robert Mcalpine Enterprises Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 29/02/2024 |
1 historic (ceased) PSC
- Sir Robert Mcalpine Enterprises Limitedceased 29/02/2024· 75-100% shares · 75-100% voting
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 →Similar companies
Active · Construction · WD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ADRIAN INTERIORS LTD→ 11101733 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADVANCED HEATING & PLUMBING LIMITED→ 03838169 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| AFANES LTD→ 06784894 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| AGAINST THE GRAIN WOODWORK LTD→ 11913458 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AGORA DEVELOPMENTS LTD→ 12423446 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AGREGADO CONSTRUCTION LTD→ 15471011 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AGSM MAINTENANCE LIMITED→ 09079429 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AGU.UD-UCHECHUKWUSERVICES LTD→ 10960041 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AH NORTH BUILDER LTD→ 12219348 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AIM BUILD CONSTRUCTION LTD→ 14994151 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AIMTARGET LIMITED→ 05607966 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| AIR 3 LIMITED→ 04262844 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1972-01-19
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
Concept House
Home Park Mill Link
Kings Langley
Hertfordshire
WD4 8UD
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-30
Last: 2025-08-16
Officers (3 active · 17 resigned)
DEMPSEY, John Alistair→
Activesecretary · appointed 2025-04-17
View their other companies + combined net worth →
DEMPSEY, John Alistair→
Activedirector · ~52y · appointed 2025-01-17
View their other companies + combined net worth →
WOTHERSPOON, Robert John William→
Activedirector · ~59y · appointed 2018-10-31
View their other companies + combined net worth →
COWEN, Brendon Raymond→
Resignedsecretary · appointed 1995-10-20 · resigned 2005-11-30
MURPHY, Elizabeth Jane→
Resignedsecretary · appointed 1991-11-04 · resigned 1992-12-04
OAKLEY, Robert James→
Resignedsecretary · appointed 1992-12-04 · resigned 1994-08-19
PEARSON, Kevin John→
Resignedsecretary · appointed 2013-06-26 · resigned 2025-04-17
PRAIN, Graham Lindsay→
Resignedsecretary · appointed 1994-08-19 · resigned 1995-10-20
PRAIN, Graham Lindsay→
Resignedsecretary · resigned 1991-11-04
WALKER, Robert Peter→
Resignedsecretary · appointed 2005-11-30 · resigned 2013-06-26
BOLT, Andrew Reginald→
Resigneddirector · ~69y · appointed 1999-04-30 · resigned 2017-07-31
BRIANT, John Mark→
Resigneddirector · ~74y · appointed 1998-02-09 · resigned 2014-03-27
BUDDEN, Derek Ernest Arthur→
Resigneddirector · ~94y · resigned 1999-04-30
LEMERLE, Malcolm Iain Roderick→
Resigneddirector · ~75y · resigned 1995-04-30
MCALPINE, Adrian Neil Raeburn→
Resigneddirector · ~82y · resigned 2025-01-17
PRAIN, Graham Lindsay→
Resigneddirector · ~86y · appointed 1995-04-30 · resigned 2004-03-31
SANDERS, Geoffrey Peter→
Resigneddirector · ~72y · appointed 1998-01-01 · resigned 2015-10-01
SHELLEY, Miles Colin→
Resigneddirector · ~65y · appointed 2017-07-31 · resigned 2018-10-31
THOMAS, Huw James→
Resigneddirector · ~64y · appointed 2014-03-27 · resigned 2015-10-01
WOOLF, Robert Anthony→
Resigneddirector · ~76y · appointed 1995-04-30 · resigned 1998-09-04
Click a director name to see their full track record across all companies.
Mortgages & charges
21
Total charges
1
Outstanding
1
Active lenders
Status:Lender:21 of 21 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | A deed of admission to an omnibus guarantee and set off agreement dated 03/11/95 | 1 property | 22/08/2002 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Supplemental deed | 1 property | 29/04/1994 | 16/11/1995 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Composite guarantee and debenture | 1 property | 30/04/1993 | 16/11/1995 | |
| satisfied | Bankers Trust Companyas Agent and Trustee for the Beneficiaries | Supplemental debenture | 2 properties | 30/06/1992 | 19/11/1993 | |
| satisfied | Bankers Trust Companyas Agent and Trustee for Itself and the Banks (The "Trustee") | Supplemental debenture | 1 property | 30/07/1991 | 19/11/1993 | |
| satisfied | Swiss Bank Corporation. | Deed of charge | 1 property | 19/07/1991 | 04/06/1993 | |
| satisfied | Swiss Bank Corporation | Deed of charge | 1 property | 28/09/1990 | 04/06/1993 | |
| satisfied | Bankers Trust Company(As Agent and Trustee for the Banks) | Debenture | 1 property | 10/07/1990 | 19/11/1993 | |
| satisfied | Bankers Trust Company. | Partnership assignment | 1 property | 10/07/1990 | 19/11/1993 | |
| satisfied | Swiss Bank Corporation | Deed of charge | 1 property | 09/11/1989 | 04/06/1993 | |
| satisfied | Swiss Bank Corporation | Deed of charge | 1 property | 12/05/1989 | 04/06/1993 | |
| satisfied | Swiss Bank Corporation | Debenture | 1 property | 11/08/1988 | 04/06/1993 | |
| satisfied | Bankers Trust Company. | Partnership agreement | 1 property | 04/05/1988 | 22/10/1990 | |
| satisfied | Bankers Trust Company | Partnership and assignment | 1 property | 04/05/1988 | 22/10/1990 | |
| satisfied | Henry Ansbacher as Trustee for Itself and Banque Parisbas | Second supplemental mortgage & deed of confirmation | 1 property | 25/09/1987 | 22/10/1990 | |
| satisfied | Canadian Imperial Bank of Commerce | Legal charge | 1 property | 25/08/1987 | 22/10/1990 | |
| satisfied | Canadian Imperial Bank of Commerce | Security assignment | 1 property | 25/08/1987 | 22/10/1990 | |
| satisfied | Arlington Securities Arlington Securities PLC | Legal charge | 3 properties | 24/12/1986 | 22/10/1990 | |
| satisfied | Arlington Securities / Abacus Developments / Robert Fraser and Partners Arlington Securities PLC / Abacus Developments Limited / Robert Fraser and Partners Limited | Legal charge | 1 property | 24/12/1986 | 22/10/1990 | |
| satisfied | Henry Ansbacher & Co Henry Ansbacher & Co Limited | Supplemental mortgage and deed of confirmation. | 1 property | 24/12/1986 | 22/10/1990 | |
| satisfied | Hambros Bank Executor and Trustee Company Hambros Bank Executor and Trustee Company Limited | Deposit deed | 1 property | 19/10/1985 | 22/10/1990 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (217 total)
legacy
other · GUARANTEE2
2026-06-26
legacy
other · AGREEMENT2
2026-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
change-person-director-company-with-change-date
officers · CH01
2025-07-17
change-person-secretary-company-with-change-date
officers · CH03
2025-07-17
change-person-director-company-with-change-date
officers · CH01
2025-07-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-15
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-07-02
legacy
other · GUARANTEE2
2025-07-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-24
legacy
accounts · PARENT_ACC
2025-06-20
legacy
other · AGREEMENT2
2025-06-20
appoint-person-secretary-company-with-name-date
officers · AP03
2025-04-17
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-17
appoint-person-director-company-with-name-date
officers · AP01
2025-02-06