ABACUS PROJECTS LIMITED
🌳Matureactive
01460919 · ltd · incorporated 1979-11-13
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company with a 79-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (68/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 33.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 33.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
15 officers (3 active, 15 linked, 8 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
163 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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (53 events)Click to expand
- 2025-07-18📄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
- 2025-07-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-04-23📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-04-17➖PEARSON, Kevin John resignedsecretary
- 2024-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 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
- 2023-08-03📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-08-03📄legacyaccounts · PARENT_ACC
- 2023-08-03📄legacyother · GUARANTEE2
- 2023-08-03📄legacyother · AGREEMENT2
- 2023-04-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-06-22📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-06-22📄legacyaccounts · PARENT_ACC
- 2022-06-22📄legacyother · GUARANTEE2
- 2022-06-22📄legacyother · AGREEMENT2
- 2021-12-09➕DEMPSEY, John Alistair appointedsecretary
- 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
- 2016-09-22➕MCALPINE, Cullum appointeddirector
- 2016-09-22➖MCALPINE, Adrian Neil Raeburn resigneddirector
- 2013-06-26➕PEARSON, Kevin John appointedsecretary
- 2013-06-26➖WALKER, Robert Peter resignedsecretary
- 2011-06-30🔒Charge registered #5Lender: South West of England Regional Development Agency
- 2006-10-07🔓Charge satisfied #4
- 2005-11-30➖COWEN, Brendon Raymond resignedsecretary
- 2005-11-30➕WALKER, Robert Peter appointedsecretary
- 2005-09-29🔒Charge registered #4Lender: The Devonshire Investment Estates
- 2002-08-22🔒Charge registered #3Lender: Lloyds Tsb Bank PLC
- 1999-04-30➕BOLT, Andrew Reginald appointeddirector
- 1999-04-30➖BUDDEN, Derek Ernest Arthur resigneddirector
- 1999-04-30➖PRAIN, Graham Lindsay resigneddirector
- 1998-09-04➖WOOLF, Robert Anthony resigneddirector
- 1997-12-01➕WOOLF, Robert Anthony appointeddirector
- 1995-11-16🔓Charge satisfied #2
- 1995-11-16🔓Charge satisfied #1
- 1995-10-20➕COWEN, Brendon Raymond appointedsecretary
- 1995-10-20➖PRAIN, Graham Lindsay resignedsecretary
- 1994-08-19➖OAKLEY, Robert James resignedsecretary
- 1994-08-19➕PRAIN, Graham Lindsay appointedsecretary
- 1994-08-19➕PRAIN, Graham Lindsay appointeddirector
- 1994-04-29🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1993-04-30🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
Showing most recent 50 of 53 events
Owner dependency
73/100
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.
- +Founder age: Director aged approximately 79 — succession pressure is live.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 46 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
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 PROJECTS LIMITED
This company · 01460919
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 · board control
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 |
|---|---|---|---|---|---|---|---|
| 100 WARWICK GARDENS LIMITED→ 03096544 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| 140 HIGH ST CROWTHORNE FREEHOLD LTD→ 16562793 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 17 SGR LIMITED→ 13424072 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1796 PROJECTS LIMITED→ 15848937 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 222 TECHNOLOGIES LTD→ 17038712 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 24 HOUR LONDON ELECTRICIANS LTD→ 11110843 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 24/7 ROOFING SERVICES LIMITED→ 16649466 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 25 BARNET LIMITED→ 10202813 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 25TH CENTURY FOX LIMITED→ 09592126 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 27 YMR CONSTRUCTION LTD→ 15609575 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2B CONSTRUCTION LTD→ 15033471 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2D CORPORATION LIMITED→ 16329285 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1979-11-13
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: 2027-04-18
Last: 2026-04-04
Officers (3 active · 12 resigned)
DEMPSEY, John Alistair→
Activesecretary · appointed 2021-12-09
View their other companies + combined net worth →
MCALPINE, Cullum→
Activedirector · ~79y · appointed 2016-09-22
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 · 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
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
BUDDEN, Derek Ernest Arthur→
Resigneddirector · ~94y · resigned 1999-04-30
MCALPINE, Adrian Neil Raeburn→
Resigneddirector · ~82y · resigned 2016-09-22
PRAIN, Graham Lindsay→
Resigneddirector · ~86y · appointed 1994-08-19 · resigned 1999-04-30
SHELLEY, Miles Colin→
Resigneddirector · ~65y · appointed 2017-07-31 · resigned 2018-10-31
WOOLF, Robert Anthony→
Resigneddirector · ~76y · appointed 1997-12-01 · resigned 1998-09-04
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | South West of England Regional Development Agency | Legal charge | 2 properties | 30/06/2011 | — | |
| satisfied | The Devonshire Investment Estates | Legal charge | 1 property | 29/09/2005 | 07/10/2006 | |
| 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 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (163 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-09
change-person-director-company-with-change-date
officers · CH01
2025-07-18
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-total-exemption-full
accounts · AA
2025-07-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-24
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-03-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-03-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-19
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-08-03