ALL BOYS MUSIC LIMITED

💤Zombieactive
01822590 · ltd · incorporated 1984-06-07
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 Jan 2025
Net worth
£5.27M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Sound recording and music publishing activities
Sector: Information & communication
Investor take
Pursue
Asset-holding vehicle with a 79-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

10 live charges · 7 lenders · oldest 38.8y

15/100
under pressure

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

  • · Oldest live charge is 38.8 years old — likely at or near maturity.
  • · 7 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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 1 with DOB)
73
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
149 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 £5,274,458

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£5.3m
~ YoY
Current Assets
£78k
~ YoY
Current Liabilities
£0£1.1m£2.1m£3.2m£4.2m£5.3mJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£5.27M£5.27M
Current assets£78.3k£78.3k
Net assets£5.27M£5.27M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
  1. 2025-12-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-07-24
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2025-07-01
    DANN, Helen Jane resigned
    secretary
  5. 2025-01-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-01-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2025-01-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-09-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2023-02-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2023-02-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-01-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-07-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2021-05-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  17. 2021-04-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2020-12-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2020-12-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  20. 2020-02-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  21. 2018-10-08
    🔓
    Charge satisfied #10
  22. 2018-10-08
    🔓
    Charge satisfied #9
  23. 2018-07-20
    🔓
    Charge satisfied #6
  24. 2018-07-19
    🔒
    Charge registered #10
    Lender: Primary Wave Music Ip Fund 1, LP
  25. 2018-07-19
    🔒
    Charge registered #9
    Lender: Primary Wave Music Ip Fund 1, LP
  26. 2018-07-19
    🔓
    Charge satisfied #8
  27. 2018-07-19
    🔓
    Charge satisfied #7
  28. 2018-07-19
    🔓
    Charge satisfied #4
  29. 2010-06-15
    🔒
    Charge registered #8
    Lender: Universal Music Publishing Mgb Limited
  30. 2007-11-19
    🔒
    Charge registered #7
    Lender: Universal Music Publishing Mgb Limited
  31. 2001-01-02
    DANN, Helen Jane appointed
    secretary
  32. 2001-01-02
    SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  33. 2000-01-27
    🔓
    Charge satisfied #5
  34. 2000-01-07
    🔒
    Charge registered #6
    Lender: Samuel Montagu & Co. Limited
  35. 1998-01-07
    🔓
    Charge satisfied #3
  36. 1997-10-03
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  37. 1997-07-10
    WATERMAN, Peter Alan resigned
    secretary
  38. 1997-07-10
    SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  39. 1997-04-17
    GRIGOR, James Brodie resigned
    secretary
  40. 1997-04-17
    WATERMAN, Peter Alan appointed
    secretary
  41. 1994-07-05
    GRIGOR, James Brodie appointed
    secretary
  42. 1994-07-05
    HOWELLS, David Raymond resigned
    secretary
  43. 1993-04-07
    🔒
    Charge registered #4
    Lender: Royscot Trust PLC
  44. 1990-02-12
    🔓
    Charge satisfied #2
  45. 1990-02-12
    🔓
    Charge satisfied #1
  46. 1988-09-23
    🔒
    Charge registered #3
    Lender: Studio Capital PLC
  47. 1987-12-07
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  48. 1987-09-25
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  49. 1984-06-07
    🏢
    Company incorporated
    As ALL BOYS MUSIC LIMITED
  50. 1984-06-07
    WATERMAN, Peter Alan appointed
    director

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 42 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — 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 79 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 42 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 42 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.

Group structure

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

🏛️
Pwl Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
ALL BOYS MUSIC LIMITED
This company · 01822590

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Peter Alan Waterman
Individual · British · DOB 01/1947 · age 79
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/06/2021
Pwl Group Limited
Corporate entity
75100%
75-100% shares06/04/2016

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
Incorporated1984-06-07
Jurisdictionengland-wales
Primary SIC59200 — Sound recording and music publishing activities

Registered office

Black Jane Farm Newton Lane
Lower Whitley
Warrington
WA4 4JA
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-08-20
Last: 2025-08-06

Officers (1 active · 5 resigned)

WATERMAN, Peter Alan
director · ~79y · appointed 1984-06-07
View their other companies + combined net worth →
Active
DANN, Helen Jane
secretary · appointed 2001-01-02 · resigned 2025-07-01
Resigned
GRIGOR, James Brodie
secretary · appointed 1994-07-05 · resigned 1997-04-17
Resigned
HOWELLS, David Raymond
secretary · resigned 1994-07-05
Resigned
WATERMAN, Peter Alan
secretary · appointed 1997-04-17 · resigned 1997-07-10
Resigned
SECRETARIAL SERVICES LIMITED
corporate-secretary · appointed 1997-07-10 · resigned 2001-01-02
Resigned

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

Mortgages & charges

10
Total charges
0
Outstanding
0
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
satisfied
Primary Wave Music Ip Fund 1, LP
A registered charge19/07/201808/10/2018
satisfied
Primary Wave Music Ip Fund 1, LP
A registered charge19/07/201808/10/2018
satisfied
Universal Music Publishing Mgb
Universal Music Publishing Mgb Limited
Amedment to security agreement1 property15/06/201019/07/2018
satisfied
Universal Music Publishing Mgb
Universal Music Publishing Mgb Limited
Security agreement1 property19/11/200719/07/2018
satisfied
Samuel Montagu & Co.
Samuel Montagu & Co. Limited
Debenture1 property07/01/200020/07/2018
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property03/10/199727/01/2000
satisfied
Royscot Trust
Royscot Trust PLC
Fixed charge1 property07/04/199319/07/2018
satisfied
Studio Capital
Studio Capital PLC
Fixed charge1 property23/09/198807/01/1998
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property07/12/198712/02/1990
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property25/09/198712/02/1990

Recent filings (149 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-24
gazette-filings-brought-up-to-date
gazette · DISS40
2025-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-08
gazette-notice-compulsory
gazette · GAZ1
2025-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-13
gazette-filings-brought-up-to-date
gazette · DISS40
2023-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-08
gazette-notice-compulsory
gazette · GAZ1
2023-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-31