AB BONDING COMPANY LIMITED
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 33.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 33.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £100 | £100 |
| Debtors | £100 | £100 |
| Net assets | £100 | £100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (38 events)Click to expand
- 2026-01-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-02-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-05-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-02-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-03-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-09-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-05-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-04-21➖CHAMBERLAIN, Carol Mary resignedsecretary
- 2021-04-21📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-03-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-02➖SMITH, David Robert resigneddirector
- 2019-05-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-05-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-06-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-08-22➕OATES, Daniel Nicholas appointeddirector
- 2008-08-22➕CHAMBERLAIN, Carol Mary appointedsecretary
- 2008-08-22➖HEATHCOTE, Guy Devin resignedsecretary
- 2008-08-22➖HEATHCOTE, Guy Devin resigneddirector
- 1996-09-20🔒Charge registered #3Lender: National Westminster Bank PLC
- 1996-09-16➖STARR, David James resigneddirector
- 1995-01-25🔓Charge satisfied #1
- 1994-12-01➕HEATHCOTE, Guy Devin appointedsecretary
- 1994-12-01➖NICHOLAS, Stephen Richard resignedsecretary
- 1994-07-20🔒Charge registered #2Lender: National Westminster Bank PLC
- 1992-09-01🔒Charge registered #1Lender: Barclays Bank PLC
- 1991-09-06🏢Company incorporatedAs AB BONDING COMPANY LIMITED
- 1991-09-06➕NICHOLAS, Stephen Richard appointedsecretary
- 1991-09-06➕COMBINED SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-secretary
- 1991-09-06➖COMBINED SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-secretary
- 1991-09-06➕HEATHCOTE, Guy Devin appointeddirector
- 1991-09-06➕SMITH, David Robert appointeddirector
- 1991-09-06➕STARR, David James appointeddirector
- 1991-09-06➕COMBINED NOMINEES LIMITED appointedcorporate-nominee-director
- 1991-09-06➖COMBINED NOMINEES LIMITED resignedcorporate-nominee-director
- 1991-09-06➕COMBINED SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-director
- 1991-09-06➖COMBINED SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 18 years.
- 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
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Daniel Nicholas Oates Individual · British · DOB 12/1960 · age 66 | — | — | sig. influencesignificant influence | 06/04/2016 |
1 historic (ceased) PSC
- Mr David Robert Smithceased 02/03/2021· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (1 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 20/09/1996 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 20/07/1994 | — | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 01/09/1992 | 25/01/1995 |