ABET LIMITED

💤Zombieactive
01727866 · ltd · incorporated 1983-05-31
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 Dec 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 46730
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 88). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Average employees10001000

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-08-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-06-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-03-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2022-05-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2021-03-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2020-04-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2019-05-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2018-10-18
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  10. 2018-10-09
    📄
    legacy
    other · AGREEMENT2
  11. 2018-10-02
    📄
    legacy
    accounts · PARENT_ACC
  12. 2018-09-26
    📄
    legacy
    other · GUARANTEE2
  13. 2017-05-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2017-02-11
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2017-01-26
    📄
    capital-allotment-shares
    capital · SH01
  16. 2016-05-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2008-04-22
    TUHILL, Phillip Barry resigned
    secretary
  18. 2006-11-30
    TUHILL, Phillip Barry resigned
    director
  19. 1999-02-01
    MAZZOLA, Bruno appointed
    director
  20. 1999-02-01
    GARBARINO, Francesco resigned
    director
  21. 1983-05-31
    🏢
    Company incorporated
    As ABET LIMITED

Owner dependency

100/100
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.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 88 — succession pressure is live.

Succession & seller-readiness

100/100
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 88 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-23

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

9 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
Incorporated1983-05-31
Jurisdictionengland-wales
Primary SIC46730 — SIC 46730

Registered office

70 Roding Road
London
E6 6LS

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-04-23OVERDUE
Last: 2025-04-09

Officers (1 active · 3 resigned)

MAZZOLA, Bruno
director · ~88y · appointed 1999-02-01
View their other companies + combined net worth →
Active
TUHILL, Phillip Barry
secretary · resigned 2008-04-22
Resigned
GARBARINO, Francesco
director · ~87y · resigned 1999-02-01
Resigned
TUHILL, Phillip Barry
director · ~83y · resigned 2006-11-30
Resigned

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

Recent filings (106 total)

accounts-with-accounts-type-small
accounts · AA
2026-03-26
accounts-with-accounts-type-small
accounts · AA
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-small
accounts · AA
2024-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-17
accounts-with-accounts-type-small
accounts · AA
2023-03-28
accounts-with-accounts-type-small
accounts · AA
2022-05-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-26
accounts-with-accounts-type-small
accounts · AA
2021-03-26
confirmation-statement-with-updates
confirmation-statement · CS01
2020-04-15
accounts-with-accounts-type-small
accounts · AA
2020-04-03
accounts-with-accounts-type-small
accounts · AA
2019-05-16
confirmation-statement-with-updates
confirmation-statement · CS01
2019-04-11