A.B.I. ELECTRONICS LIMITED

💤Zombieactive
01824588 · ltd · incorporated 1984-06-14
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 Jun 2025
Net worth
£2.71M
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 26511
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 41.1y

15/100
under pressure

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

  • · Oldest live charge is 41.1 years old — likely at or near maturity.
  • · 3 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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
123 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 · FRS 102
Positive net assets
Net assets £2,714,910
Cash YoY
+4%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.7m
↑ 4.2% YoY
Net Worth
£2.7m
↑ 2.6% YoY
Current Assets
£2.9m
~ YoY
Current Liabilities
£0£584k£1.2m£1.8m£2.3m£2.9mJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£2.75M£2.69M
Current assets£2.92M£2.90M
Cash£1.73M£1.66M
Debtors£560.4k£641.7k
Net assets£2.71M£2.65M

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

🔒Filing-note intelligence

3 signals 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
1
filing
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2026-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-08-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-07-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2022-07-01
    🔓
    Charge satisfied #4
  9. 2022-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-03-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-03-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2017-01-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2016-05-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-08-22
    BROWN, Alistair David resigned
    director
  18. 2014-02-17
    BROWN, Alistair David appointed
    director
  19. 2014-02-14
    FLETCHER, Alison Claire resigned
    secretary
  20. 2014-02-14
    FLETCHER, Alison Claire resigned
    director
  21. 2014-02-14
    FLETCHER, Ian resigned
    director
  22. 2014-02-14
    🔒
    Charge registered #4
    Lender: Ian Fletcher (As Security Trustee)
  23. 2014-01-14
    HAYES, Shaun David appointed
    director
  24. 2011-04-14
    🔓
    Charge satisfied #3
  25. 2011-04-14
    🔓
    Charge satisfied #2
  26. 2010-11-06
    BENTLEY, Nigel resigned
    director
  27. 2003-09-29
    BENTLEY, Nigel appointed
    director
  28. 1993-07-12
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  29. 1993-05-29
    🔓
    Charge satisfied #1
  30. 1992-12-31
    BRAMALL, Richard John resigned
    director
  31. 1992-11-30
    WARD, Colin Neil resigned
    director
  32. 1989-12-21
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  33. 1985-04-19
    🔒
    Charge registered #1
    Lender: Barnsley Metropolitan Borough Council
  34. 1984-06-14
    🏢
    Company incorporated
    As A.B.I. ELECTRONICS LIMITED

Owner dependency

75/100
High — earn-out structure required

Material 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

68/100
Strong succession signal

Multiple 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 12 years.
  • 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

A.B.I. Electronics (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
A.B.I. Electronics (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
A.B.I. ELECTRONICS LIMITED
This company · 01824588

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%
NameSharesVoting rightsNature of controlNotified
A.B.I. Electronics (Holdings) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/05/2025
1 historic (ceased) PSC
  • Mr Shaun David Hayesceased 01/05/2025· significant influence

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

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
Incorporated1984-06-14
Jurisdictionengland-wales
Primary SIC26511 — SIC 26511

Registered office

Dodworth Business Park
Dodworth
Barnsley
South Yorkshire
S75 3SP

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-05-08
Last: 2026-04-24

Officers (1 active · 7 resigned)

HAYES, Shaun David
director · ~57y · appointed 2014-01-14
View their other companies + combined net worth →
Active
FLETCHER, Alison Claire
secretary · resigned 2014-02-14
Resigned
BENTLEY, Nigel
director · ~63y · appointed 2003-09-29 · resigned 2010-11-06
Resigned
BRAMALL, Richard John
director · ~77y · resigned 1992-12-31
Resigned
BROWN, Alistair David
director · ~52y · appointed 2014-02-17 · resigned 2014-08-22
Resigned
FLETCHER, Alison Claire
director · ~71y · resigned 2014-02-14
Resigned
FLETCHER, Ian
director · ~71y · resigned 2014-02-14
Resigned
WARD, Colin Neil
director · ~62y · resigned 1992-11-30
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Ian Fletcher (As Security Trustee)
A registered charge1 property14/02/201401/07/2022
satisfied
Barclays
Barclays Bank PLC
Debenture1 property12/07/199314/04/2011
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property21/12/198914/04/2011
satisfied
Barnsley Metropolitan Borough Council
Debenture1 property19/04/198529/05/1993

Recent filings (123 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-08-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-29
mortgage-satisfy-charge-full
mortgage · MR04
2022-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-15