ABEL HOMES LIMITED
🌳Matureactive
02087224 · ltd · incorporated 1987-01-06
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
PursueActive trading company with a 74-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 74). Biggest value-creation lever: Consolidate lender relationships. 15 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
53 live charges · 9 lenders · oldest 25.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 25.9 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
53 charges (53/53 with lender, 53/53 with type)
90
Directors & officers
10 officers (6 active, 10 linked, 8 with DOB)
86
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
237 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (131 events)Click to expand
- 2025-08-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-26🔓Charge satisfied #53
- 2025-08-06📄accounts-with-accounts-type-fullaccounts · AA
- 2025-06-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-09🔓Charge satisfied #40
- 2025-01-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-31🔓Charge satisfied #46
- 2024-11-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-18🔒Charge registered #55Lender: Lloyds Bank PLC
- 2024-11-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-11🔒Charge registered #54Lender: David Edward Brown
- 2024-09-16📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-04🔓Charge satisfied #50
- 2023-11-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-31🔒Charge registered #53Lender: Lloyds Bank PLC
- 2023-07-28📄accounts-with-accounts-type-fullaccounts · AA
- 2023-06-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-16🔒Charge registered #52Lender: Lloyds Bank PLC
- 2023-02-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-23🔒Charge registered #51Lender: Lloyds Bank PLC
- 2022-11-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-01🔓Charge satisfied #49
- 2022-09-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-23🔒Charge registered #50Lender: Lloyds Bank PLC
- 2022-07-15📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-07🔓Charge satisfied #45
- 2022-02-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-02🔓Charge satisfied #44
- 2022-02-02🔓Charge satisfied #42
- 2021-07-26📄accounts-with-accounts-type-fullaccounts · AA
- 2021-05-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-27🔒Charge registered #49Lender: Carole Margaret Pratt
- 2021-03-31🔓Charge satisfied #47
- 2020-07-20🔒Charge registered #48Lender: Lloyds Bank PLC
- 2019-11-11🔒Charge registered #47Lender: Lloyds Bank PLC
- 2019-07-31🔓Charge satisfied #43
- 2019-04-30🔒Charge registered #46Lender: David John Draper
- 2018-08-06🔒Charge registered #45Lender: Lloyds Bank PLC
- 2017-12-07🔓Charge satisfied #41
- 2017-12-07🔓Charge satisfied #39
- 2017-12-07🔓Charge satisfied #38
- 2017-12-07🔓Charge satisfied #37
- 2017-12-07🔓Charge satisfied #36
- 2017-12-07🔓Charge satisfied #35
- 2017-12-07🔓Charge satisfied #34
- 2017-12-07🔓Charge satisfied #33
- 2017-12-07🔓Charge satisfied #32
Showing most recent 50 of 131 events
Owner dependency
88/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "ABEL" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 39 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
4 active beneficial owners · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Christopher Anthony Abel Individual · English · DOB 10/1983 · age 43 | 25–50% | 25–50% | sig. influence25-50% shares · 25-50% voting · significant influence | 06/04/2016 |
Mr Anthony Noel Abel Individual · British · DOB 10/1953 · age 73 | 25–50% | 25–50% | board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence | 06/04/2016 |
Mrs Margaret Gwyneth Abel Individual · British · DOB 02/1957 · age 69 | 25–50% | 25–50% | board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence | 06/04/2016 |
Mr Paul Matthew Legrice Individual · British · DOB 05/1979 · age 47 | — | — | sig. influencesignificant influence | 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 · IP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 115 WILSHAM STREET PROPERTIES LTD→ 16766988 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 15792886 LTD→ 15792886 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2-4 ST ANDREWS MANAGEMENT COMPANY LIMITED→ 12950342 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 24-7 BUILDING SERVICES LTD→ 15668465 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3 POINT PROPERTY DEVELOPMENT LIMITED→ 14411941 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 354 DEVELOPMENT LTD→ 16942533 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 369 ELECTRICAL SERVICES LTD→ 16040096 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3DMC LTD→ 12219599 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 3FOLD CARPENTRY LTD→ 14697705 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 4B BUILDING LIMITED→ 13178867 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 4PRINCIPLES CONSTRUCTION LTD→ 09520453 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 6T6 LTD→ 16875486 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1987-01-06
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings
Registered office
Neaton Business Park (North) Norwich Road
Watton
Thetford
Norfolk
IP25 6JB
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-29
Last: 2025-07-15
Officers (6 active · 4 resigned)
LEGRICE, Paul Matthew→
Activesecretary · appointed 2011-10-01
View their other companies + combined net worth →
Active
ABEL, Christopher Anthony→
Activedirector · ~43y · appointed 2009-01-01
View their other companies + combined net worth →
Active
BARTRAM, Noel Frederick→
Activedirector · ~74y · appointed 2016-05-16
View their other companies + combined net worth →
LEGRICE, Paul Matthew→
Activedirector · ~47y · appointed 2011-10-01
View their other companies + combined net worth →
ABEL, Margaret Gwyneth→
Resignedsecretary · resigned 2011-10-01
BIRD, Jamieson Louis→
Resigneddirector · ~53y · appointed 2007-03-01 · resigned 2007-04-16
FRANCIS, Kevin John→
Resigneddirector · ~63y · appointed 2007-06-06 · resigned 2007-07-05
REES, Gareth Richard→
Resigneddirector · ~66y · appointed 2006-12-01 · resigned 2008-11-30
Click a director name to see their full track record across all companies.
Mortgages & charges
53
Total charges
7
Outstanding
2
Active lenders
Status:Lender:53 of 53 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 18/11/2024 | — | |
| outstanding | David Edward Brown / Kate Alice Paul / Sam James Watkinson | A registered charge | 1 property | 11/11/2024 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 31/10/2023 | 26/08/2025 | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 16/06/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 23/02/2023 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 23/09/2022 | 04/12/2023 | |
| satisfied | Carole Margaret Pratt / Catherine Ruth Pratt / Mary Louise Pratt / Mountleigh (Dereham) Carole Margaret Pratt / Catherine Ruth Pratt / Mary Louise Pratt / Mountleigh (Dereham) Limited | A registered charge | 1 property | 27/04/2021 | 01/11/2022 | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 20/07/2020 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 11/11/2019 | 31/03/2021 | |
| satisfied | David John Draper / Richard Eric Betts | A registered charge | 1 property | 30/04/2019 | 31/01/2025 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 06/08/2018 | 07/03/2022 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 03/11/2017 | 02/02/2022 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 3 properties | 20/12/2016 | 31/07/2019 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 13/04/2016 | 02/02/2022 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 18/11/2015 | 07/12/2017 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 28/11/2014 | 09/06/2025 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 08/04/2014 | 07/12/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | 1 property | 15/08/2013 | 07/12/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 26/10/2012 | 07/12/2017 | |
| satisfied | The Norwich Diocesan Board of Finance The Norwich Diocesan Board of Finance Limited | Legal charge | 1 property | 04/10/2012 | 07/12/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 30/03/2012 | 07/12/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 30/03/2012 | 07/12/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 2 properties | 30/03/2012 | 07/12/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 30/03/2012 | 07/12/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 30/03/2012 | 07/12/2017 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus guarantee and set-off agreement | 1 property | 30/01/2012 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 30/01/2012 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 01/07/2011 | 25/04/2012 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 18/03/2011 | 25/04/2012 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 18/03/2011 | 02/05/2012 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 05/03/2009 | 25/06/2010 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 02/06/2008 | 25/04/2012 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 14/05/2008 | 15/12/2009 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 02/05/2008 | 25/04/2012 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 29/11/2007 | 15/12/2009 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 2 properties | 14/09/2007 | 25/04/2012 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 28/08/2007 | 25/04/2012 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 21/02/2007 | 15/12/2009 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 06/02/2007 | 25/06/2010 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 21/07/2006 | 15/12/2009 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 06/04/2006 | 08/12/2009 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 22/12/2005 | 18/04/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 26/10/2005 | 25/04/2012 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 25/05/2004 | 15/12/2009 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 17/02/2004 | 15/12/2009 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 18/12/2003 | 08/07/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 18/12/2003 | 27/09/2007 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 10/12/2003 | 25/04/2012 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 02/06/2003 | 15/12/2009 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 20/02/2003 | 15/12/2009 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 23/10/2001 | 15/12/2009 | |
| satisfied | Clarkes of Walsham Clarkes of Walsham Limited | Deed of charge | 1 property | 15/06/2001 | 15/12/2009 | |
| satisfied | Abel Properties Abel Properties Limited | Debenture | 1 property | 27/06/2000 | 20/06/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (237 total)
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-26
accounts-with-accounts-type-full
accounts · AA
2025-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-21
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-13
accounts-with-accounts-type-full
accounts · AA
2024-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-26
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-01
accounts-with-accounts-type-full
accounts · AA
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-23