ABLE BOARD COMPANY LIMITED

🌳Matureactive
02720016 · ltd · incorporated 1992-06-03
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 33.4y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 46730
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 96090Other service activities n.e.c.
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 33.4y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 33.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
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£0Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Average employees5500

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-05-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-04-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-04-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-09-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2020-06-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2020-04-01
    GUNBY, Barry resigned
    director
  12. 2020-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-02-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2019-02-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2019-02-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2019-02-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2019-02-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2011-02-07
    HUDSON, Frank resigned
    secretary
  20. 2006-05-31
    GUNBY, Carl Thomas appointed
    director
  21. 2006-05-31
    DAVIES, Trevor resigned
    director
  22. 1994-06-20
    GUNBY, Lee James appointed
    director
  23. 1993-01-11
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  24. 1992-08-26
    HUDSON, Frank appointed
    secretary
  25. 1992-08-26
    CHETTLEBURGH INTERNATIONAL LIMITED resigned
    corporate-nominee-secretary
  26. 1992-08-26
    DAVIES, Trevor appointed
    director
  27. 1992-08-26
    GUNBY, Barry appointed
    director
  28. 1992-08-26
    CHETTLEBURGH'S LIMITED resigned
    corporate-nominee-director
  29. 1992-06-03
    🏢
    Company incorporated
    As ABLE BOARD COMPANY LIMITED
  30. 1992-06-03
    CHETTLEBURGH INTERNATIONAL LIMITED appointed
    corporate-nominee-secretary
  31. 1992-06-03
    CHETTLEBURGH'S LIMITED appointed
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 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
Mr Lee James Gunby
Individual · British · DOB 06/1969 · age 57
5075%
50–75%50-75% shares · 50-75% voting06/04/2016
Mr Carl Thomas Gunby
Individual · British · DOB 12/1971 · age 55
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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1992-06-03
Jurisdictionengland-wales
Primary SIC46730 — SIC 46730

Registered office

Alpha House
4 Greek Street
Stockport
Cheshire
SK3 8AB

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04

Officers (2 active · 5 resigned)

GUNBY, Carl Thomas
director · ~55y · appointed 2006-05-31
View their other companies + combined net worth →
Active
GUNBY, Lee James
director · ~57y · appointed 1994-06-20
View their other companies + combined net worth →
Active
HUDSON, Frank
secretary · appointed 1992-08-26 · resigned 2011-02-07
Resigned
CHETTLEBURGH INTERNATIONAL LIMITED
corporate-nominee-secretary · appointed 1992-06-03 · resigned 1992-08-26
Resigned
DAVIES, Trevor
director · ~85y · appointed 1992-08-26 · resigned 2006-05-31
Resigned
GUNBY, Barry
director · ~83y · appointed 1992-08-26 · resigned 2020-04-01
Resigned
CHETTLEBURGH'S LIMITED
corporate-nominee-director · appointed 1992-06-03 · resigned 1992-08-26
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property11/01/1993
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (108 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-20
change-person-director-company-with-change-date
officers · CH01
2024-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-09-15