A.B. BUILDING PRODUCTS LIMITED
🌳Matureactive
02313765 · ltd · incorporated 1988-11-07
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window opening · high confidence
More negotiable than before — 4 signals weakening over the last 30 days.
- · Hygiene score: 82 → 62
- · Deal-killer verdict: complicated → clean
- · Opportunity score: 79 → 71
- · Bankability: 67 → 57
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
- · 4 recent signals weakening vs 1 strengthening
What changed my view
Last 30 days
Picture worsened over the last 30 days — 4 negative signals vs 1 positive.
- ↑Deal-killer verdict: complicated → clean
- ↓Opportunity score: 79 → 71
- ↓Hygiene score: 82 → 62
- ↓Bankability: 67 → 57
- ↓Refinance opportunity: too_messy → under_pressure
- +1 more
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£110.4k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Special-situation opportunityDistressed wholesale with salvageable qualities — special-situations priority.
Opportunity 71/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 78). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 5 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 37.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 37.4 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 (86/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
141 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £110,377
Net assets shrinking
Down £89,497 YoY
Cash YoY
-25%
Year on year
Key financials
3 years extracted from filed iXBRL accountsCash
£110k
↓ 25% YoY
Net Worth
£110k
↓ 45% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|
| Total assets | — | £501.0k | — |
| Current assets | — | £803.9k | — |
| Cash | £109.7k | £146.6k | — |
| Debtors | — | £184.0k | — |
| Net assets | £110.4k | £199.9k | — |
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
1
filing
- • 1 accounts
Last 90 days
6
filings
- • 4 officers
- • 1 accounts
- • 1 persons-with-significant-control
Last 180 days
6
filings
- • 4 officers
- • 1 accounts
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2026-06-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-05-29📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-29📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-18📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-18📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-08📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-08-06📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-08-06📄resolutionresolution · RESOLUTIONS
- 2025-08-06📄memorandum-articlesincorporation · MA
- 2025-08-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-05📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-05📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-05📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2025-08-05📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2025-08-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-06-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-23📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-05-23📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-23🔓Charge satisfied #5
- 2019-05-16🔒Charge registered #5Lender: John Nicholas Richmond
- 2018-04-14🔓Charge satisfied #4
- 2014-12-16🔓Charge satisfied #2
- 2014-12-16🔓Charge satisfied #1
- 2013-10-16🔒Charge registered #4Lender: Whitehall Trustees Limited
- 2005-06-04➕RICHMOND, Christopher James appointeddirector
- 2005-06-04➕RICHMOND, Michael John appointeddirector
- 2005-03-17➖HURST, Paul Stuart resigneddirector
- 2002-12-05🔒Charge registered #3Lender: National Westminster Bank PLC
- 1992-03-04🔒Charge registered #2Lender: Midland Bank PLC
- 1989-01-25🔒Charge registered #1Lender: Midland Bank PLC
- 1988-11-07🏢Company incorporatedAs A.B. BUILDING PRODUCTS LIMITED
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
85/100
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 78 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 med ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-29
Charge satisfaction-then-recreation pattern
mediumMultiple 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 Christopher James Richmond Individual · British · DOB 09/1977 · age 49 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/06/2025 |
Mr Michael John Richmond Individual · British · DOB 06/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/06/2025 |
2 historic (ceased) PSCs
- Mr John Nicholas Richmondceased 26/05/2025· 75-100% voting · board control
- Mrs Lynda Moya Richmondceased 30/09/2018· 25-50% shares
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 · Wholesale & distribution · SP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KATESKITCHEN MICROBAKERY LTD→ 16479763 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KITCHEN GARDEN BOTANICALS LTD→ 12852725 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| LITTLEWORLD GLOBAL LTD→ 14000959 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| LOWICKS COMMUNITY LTD→ 14901511 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MANOR Q SOURCING LTD→ 16884310 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MATTERMOON LTD→ 15977532 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MERU PICKS LIMITED→ 16964781 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MODERN STANDARD SERVICE LIMITED→ 11189616 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| MOTSPUR LIMITED→ 11481798 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| NANAB LIMITED→ 16712211 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NIXSA LTD→ 13298471 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| NOVA PROCUREMENT LTD→ 16270065 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1988-11-07
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
Kingsgate House North Wing, Ground Floor
Newbury Road
Andover
Hampshire
SP10 4DU
United Kingdom
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-05-29OVERDUE
Last: 2025-05-15
Officers (4 active · 1 resigned)
Active
RICHMOND, Christopher James→
Activedirector · ~49y · appointed 2005-06-04
View their other companies + combined net worth →
Active
RICHMOND, Michael John→
Activedirector · ~51y · appointed 2005-06-04
View their other companies + combined net worth →
HURST, Paul Stuart→
Resigneddirector · ~81y · resigned 2005-03-17
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | John Nicholas Richmond / Whitehall Trustee John Nicholas Richmond / Whitehall Trustee Limited | A registered charge | 1 property | 16/05/2019 | 23/05/2024 | |
| satisfied | Whitehall Trustees / John Nicholas Richmond Whitehall Trustees Limited / John Nicholas Richmond | A registered charge | 1 property | 16/10/2013 | 14/04/2018 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 05/12/2002 | — | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 1 property | 04/03/1992 | 16/12/2014 | |
| satisfied | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 25/01/1989 | 16/12/2014 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (141 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-22
change-person-director-company-with-change-date
officers · CH01
2026-05-29
change-person-director-company-with-change-date
officers · CH01
2026-05-29
change-person-director-company-with-change-date
officers · CH01
2026-05-18
change-person-director-company-with-change-date
officers · CH01
2026-05-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-18
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-08-08
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-08-06
resolution
resolution · RESOLUTIONS
2025-08-06
memorandum-articles
incorporation · MA
2025-08-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-05
change-person-director-company-with-change-date
officers · CH01
2025-08-05
change-person-director-company-with-change-date
officers · CH01
2025-08-05
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-08-05