ABBEY STEEL AND SHEARING COMPANY LIMITED

💤Zombieactive
01570148 · ltd · incorporated 1981-06-25
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£730.7k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

9 live charges · 8 lenders · oldest 43.7y

15/100
under pressure

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

  • · Oldest live charge is 43.7 years old — likely at or near maturity.
  • · 8 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 6 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
131 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 £730,702
Net assets shrinking
Down £196,899 YoY
Cash draining
Cash down 40% YoY
Cash YoY
-40%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£220k
↓ 40% YoY
Net Worth
£731k
↓ 21% YoY
Current Assets
£1.0m
↓ 26% YoY
Current Liabilities
—
£0£282k£563k£845k£1.1m£1.4mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£730.7k£927.6k
Current assets£1.04M£1.41M
Cash£219.7k£368.7k
Debtors£580.9k£626.7k
Net assets£730.7k£927.6k

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-08-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2017-08-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2016-09-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-05-11
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2016-05-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2016-05-11
    🔓
    Charge satisfied #5
  17. 2016-05-10
    🔓
    Charge satisfied #4
  18. 2016-05-02
    ➕
    JOSHI, Promila Rani appointed
    secretary
  19. 2016-04-29
    🔒
    Charge registered #9
    Lender: Lloyds Bank Commercial Finance Limited
  20. 2016-04-11
    ➖
    COOPER, Julia Mary Catherine resigned
    secretary
  21. 2016-04-11
    ➖
    COOPER, Philip resigned
    director
  22. 2015-10-20
    ➕
    JOSHI, Jayant Kumar appointed
    director
  23. 2015-04-13
    🔓
    Charge satisfied #8
  24. 2015-04-13
    🔓
    Charge satisfied #7
  25. 2015-04-13
    🔓
    Charge satisfied #6
  26. 2011-03-22
    🔒
    Charge registered #8
    Lender: Philip Cooper, Julia Mary Cooper and Mw Trustees Limited
  27. 2010-06-15
    🔒
    Charge registered #7
    Lender: Philip Cooper and Julie Mary Cooper
  28. 2009-03-25
    🔒
    Charge registered #6
    Lender: Philip Cooper and Julia Mary Catherine Cooper and Mw Trustees Limited
  29. 2003-01-30
    🔒
    Charge registered #5
    Lender: Nmb-Heller Limited
  30. 2000-10-27
    🔓
    Charge satisfied #3
  31. 2000-10-27
    🔓
    Charge satisfied #2
  32. 1998-04-17
    ➖
    VAVAJOUR, Philip James Edward resigned
    director
  33. 1997-12-01
    🔒
    Charge registered #4
    Lender: Nmb-Heller Limited
  34. 1997-04-24
    ➕
    COOPER, Julia Mary Catherine appointed
    secretary
  35. 1997-04-24
    ➖
    DYUS, Patricia Hilda resigned
    secretary
  36. 1997-04-24
    ➖
    DYUS, Alan Basil resigned
    director
  37. 1997-04-24
    ➖
    DYUS, Patricia Hilda resigned
    director
  38. 1994-10-10
    ➕
    COOPER, Philip appointed
    director
  39. 1994-10-10
    ➕
    VAVAJOUR, Philip James Edward appointed
    director
  40. 1994-09-16
    ➖
    OWEN, Jeffrie Valentine resigned
    director
  41. 1994-05-19
    🔒
    Charge registered #3
    Lender: Liverpool Victoria Friendly Society Limited
  42. 1987-03-12
    🔒
    Charge registered #2
    Lender: Midland Bank PLC
  43. 1982-09-17
    🔒
    Charge registered #1
    Lender: Griffin Factors Limited
  44. 1981-06-25
    🏢
    Company incorporated
    As ABBEY STEEL AND SHEARING COMPANY LIMITED

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

80/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 45 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Jayant Kumar Joshi
Individual · British · DOB 12/1958 · age 68
25–50%
25–50%25-50% shares · 25-50% voting11/04/2016
Mrs Promila Rani Joshi
Individual · British · DOB 04/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Bondrealm Limitedceased 11/04/2016· 25-50% shares · 25-50% 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1981-06-25
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990

Registered office

C/O Parker Cavendish, Suite 301, Stanmore Business And Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04

Officers (2 active · 7 resigned)

JOSHI, Promila Rani→
secretary · appointed 2016-05-02
View their other companies + combined net worth →
Active
JOSHI, Jayant Kumar→
director · ~68y · appointed 2015-10-20
View their other companies + combined net worth →
Active
COOPER, Julia Mary Catherine→
secretary · appointed 1997-04-24 · resigned 2016-04-11
Resigned
DYUS, Patricia Hilda→
secretary · resigned 1997-04-24
Resigned
COOPER, Philip→
director · ~67y · appointed 1994-10-10 · resigned 2016-04-11
Resigned
DYUS, Alan Basil→
director · ~93y · resigned 1997-04-24
Resigned
DYUS, Patricia Hilda→
director · ~90y · resigned 1997-04-24
Resigned
OWEN, Jeffrie Valentine→
director · ~91y · resigned 1994-09-16
Resigned
VAVAJOUR, Philip James Edward→
director · ~62y · appointed 1994-10-10 · resigned 1998-04-17
Resigned

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

Mortgages & charges

9
Total charges
2
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge—29/04/2016—
satisfied
Philip Cooper, Julia Mary Cooper and Mw Trustees
Philip Cooper, Julia Mary Cooper and Mw Trustees Limited
Debenture1 property22/03/201113/04/2015
satisfied
Philip Cooper and Julie Mary Cooper
Debenture1 property15/06/201013/04/2015
satisfied
Philip Cooper and Julia Mary Catherine Cooper and Mw Trustees
Philip Cooper and Julia Mary Catherine Cooper and Mw Trustees Limited
Debenture1 property25/03/200913/04/2015
satisfied
Nmb-Heller
Nmb-Heller Limited
Fixed and floating charge over all assets1 property30/01/200311/05/2016
satisfied
Nmb-Heller
Nmb-Heller Limited
Fixed charge over book debts1 property01/12/199710/05/2016
satisfied
Liverpool Victoria Friendly Society
Liverpool Victoria Friendly Society Limited
Rent deposit deed1 property19/05/199427/10/2000
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property12/03/198727/10/2000
outstanding
Griffin Factors
Griffin Factors Limited
Stock confirming agreement1 property17/09/1982—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (131 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2019-08-13