ABLING GROUP LIMITED

🌳Matureactive
02387923 · ltd · incorporated 1989-05-23
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 May 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 62020Information technology consultancy activities
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (3 active, 7 linked, 6 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Average employees200200

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
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-02-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-04-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2020-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2016-05-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2015-05-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-02-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-05-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2003-05-22
    SCOTT, Mcarthur resigned
    director
  17. 1999-06-01
    BARLING, Christopher resigned
    director
  18. 1997-09-29
    GRUMBALL, Charlotte Mary appointed
    director
  19. 1997-09-18
    KEOGH, Andrew Patrick resigned
    director
  20. 1996-08-12
    BARLING, Christopher appointed
    director
  21. 1996-04-02
    SPIRO, Leslie resigned
    director
  22. 1995-11-10
    KEOGH, Andrew Patrick appointed
    director
  23. 1989-05-23
    🏢
    Company incorporated
    As ABLING GROUP LIMITED

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — 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 candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 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 29 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Dr Kevin Shaun Grumball
Individual · British · DOB 10/1956 · age 70
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mrs Charlotte Mary Grumball
Individual · British · DOB 10/1955 · age 71
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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
Incorporated1989-05-23
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

Stonecroft
Ardens Grafton
Alcester
B49 6DR

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-06-06
Last: 2026-05-23

Officers (3 active · 4 resigned)

GRUMBALL, Kevin Shaun, Dr
secretary
View their other companies + combined net worth →
Active
GRUMBALL, Charlotte Mary
director · ~71y · appointed 1997-09-29
View their other companies + combined net worth →
Active
GRUMBALL, Kevin Shaun, Dr
director · ~70y
View their other companies + combined net worth →
Active
BARLING, Christopher
director · ~70y · appointed 1996-08-12 · resigned 1999-06-01
Resigned
KEOGH, Andrew Patrick
director · ~78y · appointed 1995-11-10 · resigned 1997-09-18
Resigned
SCOTT, Mcarthur
director · ~68y · resigned 2003-05-22
Resigned
SPIRO, Leslie
director · ~67y · resigned 1996-04-02
Resigned

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

Recent filings (91 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-26
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-05