ABACUS EMPLOYMENT SERVICES LIMITED

🌳Matureactive

02638307 · ltd · incorporated 1991-08-15

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

£222.5k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Temporary employment agency activities

Sector: Administrative & support services

Investor take

Pursue

Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

15 live charges · 6 lenders · oldest 34.1y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 34.1 years old — likely at or near maturity.
· 6 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.

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, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

15 charges (15/15 with lender, 15/15 with type)

Directors & officers

10 officers (5 active, 10 linked, 5 with DOB)

Ownership & PSC

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

Director network

3 connected companies via shared directors

Filing history

152 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £222,495

Key financials

2 years extracted from filed iXBRL accounts

Cash

£29k

Net Worth

£222k

Current Assets

£2.2m

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-09-30	2023-09-30
Total assets	£419.5k	—
Current assets	£2.16M	—
Cash	£29.4k	—
Debtors	£2.13M	—
Net assets	£222.5k	—

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

filings

Last 90 days

filings

• 6 mortgage

Last 180 days

filings

• 10 mortgage
• 5 officers
• 1 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (65 events)Click to expand

2026-03-11
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-11
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-11
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-11
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-11
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-11
🔓
Charge satisfied #12
2026-03-11
🔓
Charge satisfied #11
2026-03-11
🔓
Charge satisfied #9
2026-03-11
🔓
Charge satisfied #8
2026-03-11
🔓
Charge satisfied #6
2026-03-05
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-26
🔒
Charge registered #15
Lender: Cynergy Business Finance Limited
2026-02-05
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-04
🔒
Charge registered #14
Lender: Hsbc UK Bank PLC
2026-02-02
📄
change-person-secretary-company-with-change-date
officers · CH03
2026-02-02
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-02
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-02
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-02
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-02
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-14
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-14
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-14
🔓
Charge satisfied #10
2026-01-14
🔓
Charge satisfied #7
2025-12-24
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-18
🔒
Charge registered #13
Lender: Belvedere Security Limited
2025-06-26
📄
accounts-with-accounts-type-medium
accounts · AA
2024-08-22
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-09
🔒
Charge registered #12
Lender: Hsbc UK Bank PLC
2024-06-24
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-21
🔒
Charge registered #11
Lender: Hsbc UK Bank PLC
2024-02-21
📄
accounts-with-accounts-type-full
accounts · AA
2023-04-05
📄
accounts-with-accounts-type-full
accounts · AA
2022-11-11
🔒
Charge registered #10
Lender: Hsbc UK Bank PLC
2022-02-08
🔓
Charge satisfied #5
2022-02-08
🔓
Charge satisfied #2
2019-05-20
🔓
Charge satisfied #4
2019-05-20
🔓
Charge satisfied #3
2019-01-22
🔒
Charge registered #9
Lender: Hsbc UK Bank PLC
2018-12-03
🔒
Charge registered #8
Lender: Hsbc Invoice Finance (UK) LTD
2018-11-26
🔒
Charge registered #7
Lender: Hsbc UK Bank PLC
2018-11-12
🔒
Charge registered #6
Lender: Hsbc UK Bank PLC
2011-12-22
🔒
Charge registered #5
Lender: Barclays Bank PLC
2010-12-08
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Charge registered #4
Lender: Barclays Bank PLC
2010-10-22
🔒
Charge registered #3
Lender: Barclays Bank PLC
2009-12-01
➕
FULLER, Jason Lewis appointed
director
2000-09-01
➕
ADDIS, Christopher appointed
director
2000-04-01
➕
FULLER, Barbara Ann appointed
secretary
2000-04-01
➕
FULLER, Barbara Ann appointed
director

Showing most recent 50 of 65 events

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 79 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

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 79 years old. Natural succession window is now.
primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 35 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 ·

3 new charges in last 12 months

medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-02-26: A registered charge; 2026-02-04: A registered charge; 2025-12-18: A registered charge

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.

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Dennis Graham Joseph Fuller Individual · British · DOB 07/1947 · age 79	50–75%	—	50-75% shares	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 →

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AAP KINGSTON LTD→ 11118237 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
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ABISOL CONSULTANTS LTD→ 07227877 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
ABITOP CONSULTANTS LTD→ 10157536 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
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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.

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Company details

Statusactive

Typeltd

Incorporated1991-08-15

Jurisdictionengland-wales

Primary SIC78200 — Temporary employment agency activities

Registered office

Grove House Lutyens Close

Chineham Court

Basingstoke

Hampshire

RG24 8AG

England

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-08-22

Last: 2025-08-08