ABEX POWER COMPONENTS LTD.

🌳Matureactive

01905949 · ltd · incorporated 1985-04-17

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

£439.8k

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other service activities n.e.c.

Sector: Other service activities

Investor take

Pursue

Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (73/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 36.8y

15/100

under pressure

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

· Oldest live charge is 36.8 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Cashflow trend is negative — lender view likely cautious.

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

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

15 officers (6 active, 15 linked, 12 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

144 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £439,848

Net assets shrinking

Down £35,997 YoY

Cash YoY

-16%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£62k

↓ 16% YoY

Net Worth

£440k

↓ 7.6% YoY

Current Assets

£1.0m

↓ 16% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30
Total assets	£527.0k	£548.1k
Current assets	£1.05M	£1.25M
Cash	£61.6k	£73.2k
Debtors	£516.3k	£652.3k
Net assets	£439.8k	£475.8k

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

filings

Last 90 days

filings

Last 180 days

filings

• 2 persons-with-significant-control
• 2 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (49 events)Click to expand

2026-01-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-22
📄
change-person-director-company-with-change-date
officers · CH01
2026-01-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-22
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-23
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-23
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-23
📄
change-person-director-company-with-change-date
officers · CH01
2023-01-23
📄
change-person-director-company-with-change-date
officers · CH01
2023-01-10
📄
change-person-director-company-with-change-date
officers · CH01
2023-01-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-21
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-10-21
📄
change-person-director-company-with-change-date
officers · CH01
2021-10-21
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-10-21
📄
change-person-director-company-with-change-date
officers · CH01
2020-09-16
🔓
Charge satisfied #4
2020-09-10
🔓
Charge satisfied #3
2020-09-10
🔓
Charge satisfied #2
2020-09-10
🔓
Charge satisfied #1
2018-01-01
➕
HOSLER-COWBURN, Jayne appointed
director
2018-01-01
➕
SPARGO, Janice appointed
director
2018-01-01
➕
WESTHEAD, Jonathan Richard appointed
director
2008-08-26
➖
HARDY, Colin Robert resigned
director
2005-07-08
➖
EDWARDS, Wayne, Mr. resigned
director
2005-06-28
🔒
Charge registered #5
Lender: The Royal Bank of Scotland Commercial Services Limited
2005-02-28
➖
KEEGAN, Michael John resigned
director
2004-03-25
➖
JOHNSON, Raymond Thomas resigned
director
2003-09-12
🔒
Charge registered #4
Lender: Royal Bank Invoice Finance Limited S
1997-09-01
➖
BILLINGSLEY, Donald Vincent resigned
director
1997-09-01
➕
HARDY, Colin Robert appointed
director
1997-09-01
➕
KEEGAN, Michael John appointed
director
1995-12-31
➕
BARRETT, Anne appointed
secretary
1995-01-01
➕
BARRETT, Anne appointed
director
1994-12-31
➖
WESTALL, Helen Sonia resigned
secretary
1994-12-31
➖
WESTALL, Helen Sonia resigned
director
1993-04-05
➕
BILLINGSLEY, Donald Vincent appointed
director
1993-04-05
➕
EDWARDS, Wayne, Mr. appointed
director
1992-12-17
🔒
Charge registered #3
Lender: Close Brothers Limited
1992-09-01
➕
WESTALL, Helen Sonia appointed
secretary
1992-09-01
➕
WESTALL, Helen Sonia appointed
director
1992-08-31
➖
WESTALL, Arthur resigned
secretary
1992-08-31
➖
WESTALL, Arthur resigned
director
1991-09-17
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC.
1989-08-18
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC.
1985-04-17
🏢
Company incorporated
As ABEX POWER COMPONENTS LTD.

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 73 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

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 73 years old. Natural succession window is now.
primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 41 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Michael Norman Barrett Individual · British · DOB 03/1953 · age 73	—	25–50%	25-50% voting	06/04/2016
Mrs Anne Barrett Individual · British · DOB 07/1955 · age 71	25–50%	50–75%	50-75% shares · 50-75% voting	06/04/2016

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 →

Similar companies

Active · Trade services · WN postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
1985 PRODUCTIONS LTD→ 14748976 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
24 HOUR NATIONWIDE FM SERVICES LTD→ 07916629 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
7 GROUP FM LTD→ 12338244 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
A11CLEAN LIMITED→ 07025799 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
AAA SPORTS MEMORABILIA LIMITED→ 10874254 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
AB CONSTRUCTION & LANDSCAPES LIMITED→ 16144097 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ABERSOCH CONSULTANCY SERVICES LIMITED→ 10491097 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ABERSOCH PROPERTY MANAGEMENT LTD→ 07404779 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
ABITRIA AESTHETICS AND BEAUTY LTD→ 16979789 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ABLENET LIMITED→ 10152268 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ABOUT TAX LIMITED→ 11537961 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ABRAM BARBER LTD→ 17098248 · est 2026 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated1985-04-17

Jurisdictionengland-wales

Primary SIC96090 — Other service activities n.e.c.

Registered office

The Warehouse

Lamberhead Ind Estate

Off Smethurst Lane Pemberton

Wigan

WN5 8EG

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-01-14

Last: 2025-12-31