ABAKON LIMITED
🌳Matureactive
02353333 · ltd · incorporated 1989-02-28
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
—
year to Mar 2025
Net worth
£1.05M
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
- 81210General cleaning of buildings
Investor take
PursueProperty-backed borrower with a 74-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 74). 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
6 live charges · 4 lenders · oldest 33.0y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 33.0 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: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £1,050,376
Cash draining
Cash down 99% YoY
Cash YoY
-99%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£325
↓ 99% YoY
Net Worth
£1.1m
↑ 19% YoY
Current Assets
£559k
↓ 17% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.05M | £905.0k |
| Current assets | £559.2k | £675.4k |
| Cash | £325 | £62.9k |
| Debtors | £558.9k | £612.5k |
| Net assets | £1.05M | £883.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 2 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-01-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-07🔓Charge satisfied #1
- 2025-12-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-03🔒Charge registered #6Lender: Aldermore Bank PLC
- 2025-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-19🔒Charge registered #5Lender: Aldermore Bank PLC
- 2024-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-10📄change-person-director-company-with-change-dateofficers · CH01
- 2020-03-10📄change-person-director-company-with-change-dateofficers · CH01
- 2020-03-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-03-07🔓Charge satisfied #4
- 2019-08-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-03🔓Charge satisfied #3
- 2016-06-03🔓Charge satisfied #2
- 2016-03-23🔒Charge registered #4Lender: Lloyds Bank Commercial Finance Limited
- 2012-05-10🔒Charge registered #3Lender: Lloyds Tsb Commercial Finance Limited
- 2011-05-09🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 1998-03-23➕ADDICOTT, Lisa Jane appointedsecretary
- 1998-03-23➖CHRISTOPHER, Sharon Nicola resignedsecretary
- 1993-10-01➖GILBERT, Jeanette Margaret resigneddirector
- 1993-05-26🔒Charge registered #1Lender: Lloyds Bank PLC
- 1992-10-31➖CHRISTOPHER, Neil Anthony resignedsecretary
- 1992-10-31➕CHRISTOPHER, Sharon Nicola appointedsecretary
- 1992-04-01➕ADDICOTT, Lisa Jane appointeddirector
- 1992-04-01➕GILBERT, Jeanette Margaret appointeddirector
- 1989-02-28🏢Company incorporatedAs ABAKON LIMITED
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 34 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
96/100
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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 37 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
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 Stephen Addicott Individual · British · DOB 08/1952 · age 74 | 25–50% | — | 25-50% shares | 01/11/2016 |
Mrs Lisa Jane Addicott Individual · British · DOB 04/1954 · age 72 | 25–50% | — | 25-50% shares | 01/11/2016 |
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 · Property · DT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 GREENFIELDS LIMITED→ 15202088 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 10 - 12 GREENHILL WEYMOUTH MANAGEMENT LIMITED→ 05824628 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 38 HOLDINGS LIMITED→ 14532849 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 4 RODWELL ST LTD→ 15962642 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 43 EAST STREET MANAGEMENT LIMITED→ 15902992 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 80 ST ANDREWS ROAD BRIDPORT LIMITED→ 04143112 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| 84 FRANCHISE STREET LTD→ 15516714 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 9 WESTHAM ROAD (WEYMOUTH) LTD→ 06574834 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 92 CHER MANAGEMENT COMPANY LIMITED→ 14052301 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABBEY LODGE LIMITED→ 13351716 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABBOTTS COURT SHERBORNE MANAGEMENT COMPANY LIMITED→ 08331570 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ABC 2001 LTD→ 09735106 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated1989-02-28
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Unit C, Regent House Crown Square
Poundbury
Dorchester
DT1 3DY
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-17
Last: 2025-12-03
Officers (3 active · 3 resigned)
ADDICOTT, Lisa Jane→
Activesecretary · appointed 1998-03-23
View their other companies + combined net worth →
ADDICOTT, Lisa Jane→
Activedirector · ~72y · appointed 1992-04-01
View their other companies + combined net worth →
Active
CHRISTOPHER, Neil Anthony→
Resignedsecretary · resigned 1992-10-31
CHRISTOPHER, Sharon Nicola→
Resignedsecretary · appointed 1992-10-31 · resigned 1998-03-23
GILBERT, Jeanette Margaret→
Resigneddirector · ~94y · appointed 1992-04-01 · resigned 1993-10-01
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 03/12/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 19/06/2025 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank Commercial Finance Limited | A registered charge | — | 23/03/2016 | 07/03/2020 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 10/05/2012 | 03/06/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Debenture | 1 property | 09/05/2011 | 03/06/2016 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 26/05/1993 | 07/01/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (114 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-07-27