ABLEDENE LIMITED
💤Zombieactive
03011007 · ltd · incorporated 1995-01-18
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£16.7k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 77-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 65/100. Strong seller-intent signal (60/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -66% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 28.0y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 28.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 3 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £16,726
Net assets shrinking
Down £74,317 YoY
Cash draining
Cash down 66% YoY
Cash YoY
-66%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£48k
↓ 66% YoY
Net Worth
£17k
↓ 82% YoY
Current Assets
£141k
↓ 42% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £61.6k | £118.6k |
| Current assets | £141.5k | £245.8k |
| Cash | £48.4k | £141.8k |
| Debtors | £56.1k | £73.0k |
| Net assets | £16.7k | £91.0k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 180 days
3
filings
- • 2 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2026-05-21📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-04-22📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2025-12-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-28➖SCHIMEK, Isabelle Alice resigneddirector
- 2025-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-31➖SALVAGE, Philip John resigneddirector
- 2025-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-11-06➕SCHIMEK, Isabelle Alice appointeddirector
- 2021-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-12-04➕DAVIES, Angela Susan Rohilla appointeddirector
- 2020-06-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-05📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2018-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-11-13➖CHEAM REGISTRARS LIMITED resignedcorporate-secretary
- 2013-01-30🔒Charge registered #4Lender: Eliterank Limited
- 2010-08-03🔒Charge registered #3Lender: Eliterank Limited
- 2010-08-03🔒Charge registered #2Lender: Eliterank Limited
- 2010-02-01➕CHEAM REGISTRARS LIMITED appointedcorporate-secretary
- 2010-01-31➖PALMERSTON SECRETARIES LIMITED resignedcorporate-secretary
- 1998-05-27🔒Charge registered #1Lender: Midland Bank PLC
- 1995-05-17➖DAVIES, John Llewellyn resignedsecretary
- 1995-05-17➕PALMERSTON SECRETARIES LIMITED appointedcorporate-secretary
- 1995-03-08➕DAVIES, John Llewellyn appointedsecretary
- 1995-03-08➖PALMERSTON SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1995-03-08➕SALVAGE, Philip John appointeddirector
- 1995-03-08➖PALMERSTON REGISTRARS LIMITED resignedcorporate-nominee-director
- 1995-01-18🏢Company incorporatedAs ABLEDENE LIMITED
- 1995-01-18➕PALMERSTON SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1995-01-18➕PALMERSTON REGISTRARS LIMITED appointedcorporate-nominee-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 77 — succession pressure is live.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: SALVAGE, Philip John resigned 2025-10-31; SCHIMEK, Isabelle Alice resigned 2025-11-28
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Angela Susan Rohilla Davies Individual · British · DOB 03/1949 · age 77 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| AHSAN SCOOTERS CLAPHAM LIMITED→ 11393740 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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| AHSAN SCOOTERS UK LIMITED→ 12049051 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated1995-01-18
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112
Registered office
2 Villiers Court 40 Upper Mulgrave Road
Cheam
Surrey
SM2 7AJ
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (1 active · 7 resigned)
DAVIES, Angela Susan Rohilla→
Activedirector · ~77y · appointed 2020-12-04
View their other companies + combined net worth →
DAVIES, John Llewellyn→
Resignedsecretary · appointed 1995-03-08 · resigned 1995-05-17
CHEAM REGISTRARS LIMITED→
Resignedcorporate-secretary · appointed 2010-02-01 · resigned 2017-11-13
PALMERSTON SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 1995-05-17 · resigned 2010-01-31
PALMERSTON SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1995-01-18 · resigned 1995-03-08
SALVAGE, Philip John→
Resigneddirector · ~70y · appointed 1995-03-08 · resigned 2025-10-31
SCHIMEK, Isabelle Alice→
Resigneddirector · ~43y · appointed 2021-11-06 · resigned 2025-11-28
PALMERSTON REGISTRARS LIMITED→
Resignedcorporate-nominee-director · appointed 1995-01-18 · resigned 1995-03-08
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Eliterank Eliterank Limited | Rent deposit deed | 1 property | 30/01/2013 | — | |
| outstanding | Eliterank Eliterank Limited | Rent deposit deed | 1 property | 03/08/2010 | — | |
| outstanding | Eliterank Eliterank Limited | Rent deposit deed | 1 property | 03/08/2010 | — | |
| outstanding | Midland Bank Midland Bank PLC | Debenture | 1 property | 27/05/1998 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (85 total)
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-05-21
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-27
termination-director-company-with-name-termination-date
officers · TM01
2025-12-02
termination-director-company-with-name-termination-date
officers · TM01
2025-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-06
appoint-person-director-company-with-name-date
officers · AP01
2022-03-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-26