ABEY FURNISHING COMPANY LIMITED

🌳Matureactive
01316853 · ltd · incorporated 1977-06-13
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 37.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£186.4k
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 85/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 37.3y

70/100
ready

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

  • · Oldest live charge is 37.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (5 active, 8 linked, 6 with DOB)
85
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
120 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
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 · FRS 105 (micro)
Positive net assets
Net assets £186,369

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£186k
~ YoY
Current Assets
£631k
↑ 32% YoY
Current Liabilities
£0£126k£253k£379k£505k£631kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£489.6k£205.9k
Current assets£631.5k£478.6k
Cash£170.1k
Debtors£285.1k
Net assets£186.4k£185.8k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-07-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2025-07-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-07-27
    PETCHELL, Amelia Daisy appointed
    director
  4. 2025-07-18
    CARROLL, Harrison Mcveigh appointed
    director
  5. 2025-07-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-05-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  7. 2024-07-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2023-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-07-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2020-06-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2019-09-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2018-10-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2018-10-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2018-10-09
    🔓
    Charge satisfied #3
  16. 2018-10-09
    🔓
    Charge satisfied #2
  17. 2018-10-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2018-04-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2018-04-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2017-10-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2000-03-28
    🔓
    Charge satisfied #1
  22. 1999-10-15
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  23. 1999-10-14
    CARROLL, Katrina Marie appointed
    secretary
  24. 1999-10-14
    CARROLL, David Patrick appointed
    director
  25. 1999-10-14
    CARROLL, Katrina Marie appointed
    director
  26. 1999-10-14
    MCVEIGH, Brian Charles resigned
    secretary
  27. 1999-10-14
    MCVEIGH, Antoinette Dawn resigned
    director
  28. 1999-10-14
    MCVEIGH, Brian Charles resigned
    director
  29. 1999-10-14
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  30. 1989-02-24
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  31. 1977-06-13
    🏢
    Company incorporated
    As ABEY FURNISHING COMPANY LIMITED

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — CARROLL, Harrison Mcveigh (same surname) appointed 2025-07-18. Pattern consistent with intra-family handover.
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • 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.

Group structure

Newscope Trading Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Newscope Trading Limited
Corporate parent · holds 75-100% shares
ultimate parent
ABEY FURNISHING COMPANY LIMITED
This company · 01316853

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Newscope Trading Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting14/04/2017
Mr David Patrick Carroll
Individual · British · DOB 01/1965 · age 61
sig. influencesignificant influence14/04/2017
Mrs Katrina Marie Carroll
Individual · British · DOB 05/1968 · age 58
sig. influencesignificant influence14/04/2017

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

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
Incorporated1977-06-13
Jurisdictionengland-wales
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores

Registered office

107 Cleethorpe Road
Grimsby
Nr Lincs
DN31 3ER

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-04-28
Last: 2026-04-14

Officers (5 active · 3 resigned)

CARROLL, Katrina Marie
secretary · appointed 1999-10-14
View their other companies + combined net worth →
Active
CARROLL, David Patrick
director · ~61y · appointed 1999-10-14
View their other companies + combined net worth →
Active
CARROLL, Harrison Mcveigh
director · ~30y · appointed 2025-07-18
View their other companies + combined net worth →
Active
CARROLL, Katrina Marie
director · ~58y · appointed 1999-10-14
View their other companies + combined net worth →
Active
PETCHELL, Amelia Daisy
director · ~33y · appointed 2025-07-27
View their other companies + combined net worth →
Active
MCVEIGH, Brian Charles
secretary · resigned 1999-10-14
Resigned
MCVEIGH, Antoinette Dawn
director · ~85y · resigned 1999-10-14
Resigned
MCVEIGH, Brian Charles
director · ~85y · resigned 1999-10-14
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Debenture1 property15/10/199909/10/2018
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property14/10/199909/10/2018
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property24/02/198928/03/2000

Recent filings (120 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-24
appoint-person-director-company-with-name-date
officers · AP01
2025-07-30
appoint-person-director-company-with-name-date
officers · AP01
2025-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-06-23