ABLEWORLD LIMITED

💤Zombieactive

01919149 · ltd · incorporated 1985-06-04

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 2024

Net worth

—

book net assets

Opportunity

71/100

Strong

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

What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 52/100. Strong seller-intent signal (93/100, director aged 94). 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 (58/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 35.0y

15/100

under pressure

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

· Oldest live charge is 35.0 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (74/100)

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

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

6 officers (2 active, 6 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

10 connected companies via shared directors

Filing history

117 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-24
Average employees	0

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (40 events)Click to expand

2026-01-08
📄
change-account-reference-date-company-current-extended
accounts · AA01
2025-09-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-23
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-21
📄
accounts-with-accounts-type-small
accounts · AA
2022-10-24
📄
accounts-with-accounts-type-small
accounts · AA
2021-09-23
📄
accounts-with-accounts-type-small
accounts · AA
2020-09-30
📄
accounts-with-accounts-type-small
accounts · AA
2020-01-21
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-01-21
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-01-21
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-01-21
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-01-21
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-01-21
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-01-21
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-01-21
🔓
Charge satisfied #7
2020-01-21
🔓
Charge satisfied #6
2020-01-21
🔓
Charge satisfied #5
2020-01-21
🔓
Charge satisfied #4
2020-01-21
🔓
Charge satisfied #3
2020-01-21
🔓
Charge satisfied #2
2020-01-21
🔓
Charge satisfied #1
2019-09-24
📄
accounts-with-accounts-type-small
accounts · AA
2019-06-24
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2018-09-27
📄
accounts-with-accounts-type-small
accounts · AA
1998-05-28
🔒
Charge registered #7
Lender: Ejs Finance Limited
1997-12-16
➕
EAGIL TRUST CO LIMITED appointed
corporate-director
1997-12-16
➖
EAGIL TRUST CO LIMITED resigned
corporate-director
1997-03-15
🔒
Charge registered #6
Lender: Anston Investments Limited
1997-03-04
🔒
Charge registered #5
Lender: Anston Investments Limited
1995-03-31
🔒
Charge registered #4
Lender: United Mizrahi Bank Limited
1995-03-31
🔒
Charge registered #3
Lender: United Mizrahi Bank Limited
1995-03-31
🔒
Charge registered #2
Lender: United Mizrahi Bank Limited
1995-02-16
➕
FAUST, Tirza appointed
secretary
1995-02-16
➕
FAUST, Leon appointed
director
1995-02-16
➖
FAUST, Leon resigned
secretary
1995-02-16
➖
FAUST, Tirza resigned
director
1993-06-09
➖
FAUST, Hinda Rifka resigned
director
1993-06-09
➕
FAUST, Tirza appointed
director
1991-06-17
🔒
Charge registered #1
Lender: Bradford & Bingley Building Society
1985-06-04
🏢
Company incorporated
As ABLEWORLD 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 31 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 94 — 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 94 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 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

2 med ·

Has insolvency history

medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

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

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

🏛️

Ultraworth Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

ABLEWORLD LIMITED

This company · 01919149

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%

Name	Shares	Voting rights	Nature of control	Notified
Ultraworth Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	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 · Construction · WC postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ABERCOED LTD→ 16506732 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ABODE FIRST DEVELOPMENT LIMITED→ 11210917 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
ABODE PROPERTY MAINTENANCE LTD→ 17066722 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ABPHIA FARMS LIMITED→ 14169368 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ABR BUILDING SOLUTIONS LTD→ 16101775 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ABR WOODCRAFT LIMITED→ 06954764 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
ABRAJ ALNAEEM TECHNICAL SERVICES LTD→ 16782755 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ABSOLUTE SUCCESS (UK) LIMITED→ 09009540 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
ABU CONSTRUCTION & RENOVATION LTD→ 16868771 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ABUNDANT GRACESTONE HOLDINGS LTD→ 16817933 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AC BUILDING IMPROVEMENTS LIMITED→ 15507782 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
AC ELITE SCAFFOLDING LIMITED→ 15851289 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated1985-06-04

Jurisdictionengland-wales

Primary SIC41100 — Development of building projects

Registered office

C/O Rayner Essex

Tavistock House South

Tavistock Square

London

WC1H 9LG

Filing status

Accounts

Next due: 2027-03-24

Last made up to: 2024-12-24

Confirmation statement

Next due: 2026-07-13

Last: 2025-06-29

Officers (2 active · 4 resigned)

FAUST, Tirza→

secretary · appointed 1995-02-16

View their other companies + combined net worth →

Active

FAUST, Leon→

director · ~94y · appointed 1995-02-16

View their other companies + combined net worth →

Active

FAUST, Leon→

secretary · resigned 1995-02-16

Resigned

FAUST, Hinda Rifka→

director · ~123y · resigned 1993-06-09

Resigned

FAUST, Tirza→

director · ~85y · appointed 1993-06-09 · resigned 1995-02-16

Resigned

EAGIL TRUST CO LIMITED→

corporate-director · appointed 1997-12-16 · resigned 1997-12-16

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:7 of 7 shown

		Type	Properties
satisfied	Ejs Finance Ejs Finance Limited	Legal charge of whole	1 property	28/05/1998	21/01/2020
satisfied	Anston Investments Anston Investments Limited	Legal charge	2 properties	15/03/1997	21/01/2020
satisfied	Anston Investments Anston Investments Limited	Legal charge	1 property	04/03/1997	21/01/2020
satisfied	United Mizrahi Bank United Mizrahi Bank Limited	Debenture	1 property	31/03/1995	21/01/2020
satisfied	United Mizrahi Bank United Mizrahi Bank Limited	Legal charge	1 property	31/03/1995	21/01/2020
satisfied	United Mizrahi Bank United Mizrahi Bank Limited	Legal charge	1 property	31/03/1995	21/01/2020
satisfied	Bradford & Bingley Building Society	Legal charge	1 property	17/06/1991	21/01/2020

Recent filings (117 total)

change-account-reference-date-company-current-extended

accounts · AA01

2026-01-08

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-09-17