ABACUS CORPORATION LIMITED
💤Zombieactive
02842557 · ltd · incorporated 1993-08-05
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£139.1k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueAsset-holding vehicle with a 66-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
80 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £139,105
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£139k
↑ 25% YoY
Current Assets
£182k
↑ 113% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £147.4k | £113.5k |
| Current assets | £181.9k | £85.6k |
| Net assets | £139.1k | £111.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-11-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2019-09-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-11-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-08-15➖CHANNA, Parminder resignedsecretary
- 2003-08-01➕CHANNA, Parminder appointedsecretary
- 2003-08-01➖DOYLE, Lisa Diane resignedsecretary
- 1993-09-23➖BREWER, Suzanne resignednominee-secretary
- 1993-09-23➖BREWER, Kevin, Dr resignednominee-director
- 1993-08-05🏢Company incorporatedAs ABACUS CORPORATION LIMITED
- 1993-08-05➕BREWER, Suzanne appointednominee-secretary
- 1993-08-05➕BREWER, Kevin, Dr appointednominee-director
Owner dependency
90/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- 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.
- secondaryStable-but-static management: Company is 33 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Pritpal Singh Channa Individual · British · DOB 03/1960 · age 66 | 25–50% | — | 25-50% shares | 01/07/2016 |
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
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| AKIHIRO GLOBAL LTD→ 16407653 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALAN KNOX LTD→ 08242528 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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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
Incorporated1993-08-05
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Lynton House Bsg Valentine
7 - 12 Tavistock Square
London
WC1H 9BQ
Filing status
Accounts
Next due: 2026-11-27
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-08-19
Last: 2025-08-05
Officers (1 active · 4 resigned)
Active
BREWER, Suzanne→
Resignednominee-secretary · appointed 1993-08-05 · resigned 1993-09-23
CHANNA, Parminder→
Resignedsecretary · appointed 2003-08-01 · resigned 2013-08-15
DOYLE, Lisa Diane→
Resignedsecretary · resigned 2003-08-01
BREWER, Kevin, Dr→
Resignednominee-director · ~74y · appointed 1993-08-05 · resigned 1993-09-23
Click a director name to see their full track record across all companies.
Recent filings (80 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-10
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2019-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-09