ABSSAC LIMITED
💤Zombieactive
01677177 · ltd · incorporated 1982-11-10
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
£1.65M
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 40.6y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 40.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (69/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
128 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,652,117
Key financials
1 year extracted from filed iXBRL accountsCash
£1.5m
Net Worth
£1.7m
Current Assets
£1.8m
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Total assets | £1.92M |
| Current assets | £1.80M |
| Cash | £1.45M |
| Debtors | £162.9k |
| Net assets | £1.65M |
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
4
filings
- • 3 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2025-12-23📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-12-23📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-12-22📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2025-10-02📄memorandum-articlesincorporation · MA
- 2025-10-02📄memorandum-articlesincorporation · MA
- 2025-10-02📄resolutionresolution · RESOLUTIONS
- 2025-10-02📄capital-alter-shares-subdivisioncapital · SH02
- 2025-09-30📄capital-name-of-class-of-sharescapital · SH08
- 2025-07-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-03-30➖EASTON, Kerry Anne resignedsecretary
- 2025-03-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-18🔒Charge registered #5Lender: National Westminster Bank PLC
- 2024-07-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-04📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-04-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-30➕CATTLE, Alison appointedsecretary
- 2023-11-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-07➖CATTLE, Simon Adrian resigneddirector
- 2023-07-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-08-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-05-31➕EASTON, Kerry Anne appointeddirector
- 2012-06-22🔓Charge satisfied #2
- 2002-09-09➖CATTLE, Christopher Paul resignedsecretary
- 2002-09-09➕EASTON, Kerry Anne appointedsecretary
- 2001-01-30🔓Charge satisfied #4
- 2001-01-30🔓Charge satisfied #1
- 2000-10-24🔓Charge satisfied #3
- 1998-12-02🔒Charge registered #4Lender: National Westminster Bank PLC
- 1997-05-20🔒Charge registered #3Lender: P & K Bond and Son Limited
- 1995-09-12🔒Charge registered #2Lender: P & K Bond and Son Limited
- 1985-10-28🔒Charge registered #1Lender: National Westminster Bank PLC
- 1982-11-10🏢Company incorporatedAs ABSSAC LIMITED
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
58/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 years.
- 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Alison Cattle Individual · British · DOB 02/1964 · age 62 | 75–100% | — | 75-100% shares | 20/03/2024 |
1 historic (ceased) PSC
- Mr Simon Adrian Cattleceased 07/11/2023· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 15 JENNY WREN MANAGEMENT COMPANY LTD→ 14711402 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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| 2023 DKNDGB LTD→ 15370934 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 425HIGH LTD→ 15347087 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 55 DIGITAL LTD→ 13254438 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A B VENTURES (FMCG) LTD→ 15694506 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABBEY GREEN VETS LIMITED→ 05584146 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ABG AUTOMOTIVE SOLUTIONS LTD→ 14806826 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ABOVE THE LINE LIMITED→ 11163179 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ACCOUNT4 LTD→ 10004778 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ACE ACADEMICS LTD→ 11814815 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ACE RECRUITMENT GROUP LIMITED→ 15188251 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1982-11-10
Jurisdictionengland-wales
Primary SIC71129 — Other engineering activities
Registered office
Unit E1a The Enterprise Centre
Enterprise Way Vale Park
Evesham
Worcestershire
WR11 1GS
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31
Officers (2 active · 3 resigned)
Active
EASTON, Kerry Anne→
Activedirector · ~56y · appointed 2013-05-31
View their other companies + combined net worth →
CATTLE, Christopher Paul→
Resignedsecretary · resigned 2002-09-09
EASTON, Kerry Anne→
Resignedsecretary · appointed 2002-09-09 · resigned 2025-03-30
CATTLE, Simon Adrian→
Resigneddirector · ~63y · resigned 2023-11-07
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 18/03/2025 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 02/12/1998 | 30/01/2001 | |
| satisfied | P & K Bond and Son P & K Bond and Son Limited | Rent deposit deed | 1 property | 20/05/1997 | 24/10/2000 | |
| satisfied | P & K Bond and Son P & K Bond and Son Limited | Rent deposit deed | 1 property | 12/09/1995 | 22/06/2012 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 28/10/1985 | 30/01/2001 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (128 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-02
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-12-23
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-12-23
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2025-12-22
memorandum-articles
incorporation · MA
2025-10-02
memorandum-articles
incorporation · MA
2025-10-02
resolution
resolution · RESOLUTIONS
2025-10-02
capital-alter-shares-subdivision
capital · SH02
2025-10-02
capital-name-of-class-of-shares
capital · SH08
2025-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-09
termination-secretary-company-with-name-termination-date
officers · TM02
2025-06-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-04