ABACUS BUILDERS MERCHANTS (WALSALL) LIMITED

🌳Matureactive
01234861 · ltd · incorporated 1975-11-24
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£222.5k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 46130
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 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 · 5 lenders · oldest 49.7y

15/100
under pressure

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

  • · Oldest live charge is 49.7 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (77/100)

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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
105 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £222,514
Net assets shrinking
Down £5,917 YoY
Cash YoY
-32%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£111k
↓ 32% YoY
Net Worth
£223k
↓ 2.6% YoY
Current Assets
£194k
↓ 19% YoY
Current Liabilities
£0£48k£96k£144k£191k£239kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£222.5k£245.9k
Current assets£193.6k£239.3k
Cash£110.6k£162.8k
Debtors£7.3k£17.4k
Net assets£222.5k£228.4k

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 (40 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2023-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-07-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-07-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2022-07-18
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2022-07-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-07-14
    BLACKWELL, Keely appointed
    director
  11. 2022-07-14
    WRIGHT, Keely resigned
    secretary
  12. 2022-07-14
    WRIGHT, Robert Clive resigned
    director
  13. 2021-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-11-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2020-11-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2020-11-23
    🔓
    Charge satisfied #8
  17. 2020-11-23
    🔓
    Charge satisfied #7
  18. 2020-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-03-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2019-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2017-07-24
    🔒
    Charge registered #9
    Lender: The Royal Bank Scotland PLC
  23. 2013-10-01
    WRIGHT, Robert Ian Lewis appointed
    director
  24. 2010-12-31
    WRIGHT, Keely appointed
    secretary
  25. 2010-06-30
    WRIGHT, Glynis May resigned
    secretary
  26. 2005-07-26
    🔓
    Charge satisfied #6
  27. 2005-07-26
    🔓
    Charge satisfied #5
  28. 2005-07-26
    🔓
    Charge satisfied #4
  29. 2005-07-26
    🔓
    Charge satisfied #3
  30. 2005-07-26
    🔓
    Charge satisfied #2
  31. 2005-07-26
    🔓
    Charge satisfied #1
  32. 2005-04-01
    🔒
    Charge registered #8
    Lender: Robert Clive Wright and Glynis May Wright
  33. 2005-04-01
    🔒
    Charge registered #7
    Lender: Robert Clive Wright and Glynis May Wright
  34. 1993-07-05
    🔒
    Charge registered #6
    Lender: The Royal Bank of Scotland PLC
  35. 1992-03-09
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  36. 1981-12-22
    🔒
    Charge registered #4
    Lender: Williams & Glyn's Bank Limited
  37. 1978-08-08
    🔒
    Charge registered #3
    Lender: Williams & Glyn's Bank LTD
  38. 1977-10-24
    🔒
    Charge registered #2
    Lender: Williams & Glyn's Bank LTD
  39. 1976-08-16
    🔒
    Charge registered #1
    Lender: Williams & Glyn's Bank LTD
  40. 1975-11-24
    🏢
    Company incorporated
    As ABACUS BUILDERS MERCHANTS (WALSALL) LIMITED

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 13 years.
  • secondaryStable-but-static management: Company is 50 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 ·
Charge satisfaction-then-recreation pattern
medium

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
NameSharesVoting rightsNature of controlNotified
Mrs Keely Blackwell
Individual · British · DOB 12/1976 · age 50
sig. influencesignificant influence14/07/2022
1 historic (ceased) PSC
  • Mr Robert Clive Wrightceased 14/07/2022· 75-100% shares · 75-100% voting · board control

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

Similar companies

Active · Wholesale & distribution · WS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
360 AEROMELT LTD
16038710 · est 2024 · no financials extracted
1y
A & C QUALITY MEATS LIMITED
12760750 · est 2020 · no financials extracted
5y
A CLOUD LTD
12490119 · est 2020 · no financials extracted
6y
A&A GLOBAL LTD
17045741 · est 2026 · no financials extracted
AALCO METALS LIMITED
03551533 · est 1998 · no financials extracted
27y
ABSOLUTE VENDING UK LTD
16688805 · est 2025 · no financials extracted
ACE INTERNATIONAL LIMITED
04422025 · est 2002 · no financials extracted
23y
ACEY CONSULTANCY LTD
15566482 · est 2024 · no financials extracted
2y
ACRE AESTHETICS LIMITED
11557880 · est 2018 · no financials extracted
7y
ACTON BRIGHT STEEL LIMITED
00755037 · est 1963 · no financials extracted
63y
ADZ CLOTHING LIMITED
12984137 · est 2020 · no financials extracted
5y
AFA GLOBAL TRADE LINK LTD
16708048 · est 2025 · no financials extracted
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
Incorporated1975-11-24
Jurisdictionengland-wales
Primary SIC46130 — SIC 46130

Registered office

Croxtalls Avenue
Bloxwich
Walsall
West Midlands
WS3 2BJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01

Officers (3 active · 3 resigned)

BLACKWELL, Keely
director · ~50y · appointed 2022-07-14
View their other companies + combined net worth →
Active
WRIGHT, Anthony Neil
director · ~74y
View their other companies + combined net worth →
Active
WRIGHT, Robert Ian Lewis
director · ~46y · appointed 2013-10-01
View their other companies + combined net worth →
Active
WRIGHT, Glynis May
secretary · resigned 2010-06-30
Resigned
WRIGHT, Keely
secretary · appointed 2010-12-31 · resigned 2022-07-14
Resigned
WRIGHT, Robert Clive
director · ~80y · resigned 2022-07-14
Resigned

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

Mortgages & charges

9
Total charges
1
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
The Royal Bank Scotland
The Royal Bank Scotland PLC
A registered charge24/07/2017
satisfied
Robert Clive Wright and Glynis May Wright
Legal charge1 property01/04/200523/11/2020
satisfied
Robert Clive Wright and Glynis May Wright
Debenture1 property01/04/200523/11/2020
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property05/07/199326/07/2005
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property09/03/199226/07/2005
satisfied
Williams & Glyn's Bank
Williams & Glyn's Bank Limited
Deed1 property22/12/198126/07/2005
satisfied
Williams & Glyn's Bank
Williams & Glyn's Bank LTD
Legal charge1 property08/08/197826/07/2005
satisfied
Williams & Glyn's Bank
Williams & Glyn's Bank LTD
Debenture1 property24/10/197726/07/2005
satisfied
Williams & Glyn's Bank
Williams & Glyn's Bank LTD
Legal charge1 property16/08/197626/07/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (105 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-29
termination-director-company-with-name-termination-date
officers · TM01
2024-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-18
termination-secretary-company-with-name-termination-date
officers · TM02
2022-07-18
appoint-person-director-company-with-name-date
officers · AP01
2022-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-10