ABLETRY LIMITED

💤Zombieactive
03146326 · ltd · incorporated 1996-01-15
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 Apr 2026
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
ALSO REGISTERED FOR
  • 47760SIC 47760
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 65). 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

4 live charges · 2 lenders · oldest 30.2y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 30.2 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.

Company profile
address, 4 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, 4 with DOB)
80
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
90 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Apr 2025Apr 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-04-302025-04-30
Average employees1100

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
2
filings
  • 1 officers
  • 1 accounts
Last 90 days
2
filings
  • 1 officers
  • 1 accounts
Last 180 days
2
filings
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-05-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  2. 2026-05-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2026-04-28
    APPLETON, Margaret resigned
    secretary
  4. 2025-07-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-05-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-05-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-01-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-11-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-11-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-11-02
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2022-11-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-09-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2022-09-12
    APPLETON, Neil Howard resigned
    director
  14. 2022-09-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-08-30
    APPLETON, Scott Robert appointed
    director
  16. 2022-01-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2021-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-01-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2003-06-17
    APPLETON, Margaret appointed
    secretary
  21. 2003-05-23
    APPLETON, Scott Robert, Lord resigned
    secretary
  22. 2003-05-23
    APPLETON, Scott Robert, Lord resigned
    director
  23. 2001-05-29
    🔓
    Charge satisfied #2
  24. 2001-05-29
    🔓
    Charge satisfied #1
  25. 2001-03-21
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  26. 2001-03-21
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  27. 1998-04-03
    APPLETON, Neil Howard appointed
    director
  28. 1998-03-15
    APPLETON, Fred Robert resigned
    director
  29. 1996-02-29
    🔒
    Charge registered #2
    Lender: Midland Bank PLC
  30. 1996-02-29
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  31. 1996-01-15
    🏢
    Company incorporated
    As ABLETRY LIMITED
  32. 1996-01-15
    APPLETON, Scott Robert, Lord appointed
    secretary
  33. 1996-01-15
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  34. 1996-01-15
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  35. 1996-01-15
    APPLETON, Fred Robert appointed
    director
  36. 1996-01-15
    APPLETON, Scott Robert, Lord appointed
    director
  37. 1996-01-15
    INSTANT COMPANIES LIMITED appointed
    corporate-nominee-director
  38. 1996-01-15
    INSTANT COMPANIES LIMITED resigned
    corporate-nominee-director

Owner dependency

90/100
Critical — business is the founder

The 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 65 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. 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 30 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
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
NameSharesVoting rightsNature of controlNotified
Mrs Margaret Appleton
Individual · British · DOB 08/1934 · age 92
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016

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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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
Incorporated1996-01-15
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

9, Redpit
Dilton Marsh
Wiltshire
BA13 4BJ

Filing status

Accounts
Next due: 2028-01-31
Last made up to: 2026-04-30
Confirmation statement
Next due: 2026-11-17
Last: 2025-11-03

Officers (1 active · 7 resigned)

APPLETON, Scott Robert
director · ~65y · appointed 2022-08-30
View their other companies + combined net worth →
Active
APPLETON, Margaret
secretary · appointed 2003-06-17 · resigned 2026-04-28
Resigned
APPLETON, Scott Robert, Lord
secretary · appointed 1996-01-15 · resigned 2003-05-23
Resigned
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 1996-01-15 · resigned 1996-01-15
Resigned
APPLETON, Fred Robert
director · ~91y · appointed 1996-01-15 · resigned 1998-03-15
Resigned
APPLETON, Neil Howard
director · ~63y · appointed 1998-04-03 · resigned 2022-09-12
Resigned
APPLETON, Scott Robert, Lord
director · ~65y · appointed 1996-01-15 · resigned 2003-05-23
Resigned
INSTANT COMPANIES LIMITED
corporate-nominee-director · appointed 1996-01-15 · resigned 1996-01-15
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property21/03/2001
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property21/03/2001
satisfied
Midland Bank
Midland Bank PLC
Legal mortgage1 property29/02/199629/05/2001
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property29/02/199629/05/2001
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (90 total)

termination-secretary-company-with-name-termination-date
officers · TM02
2026-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-01
accounts-with-accounts-type-dormant
accounts · AA
2024-05-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-10
accounts-with-accounts-type-dormant
accounts · AA
2023-05-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-09
accounts-with-accounts-type-dormant
accounts · AA
2023-01-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-02
change-person-secretary-company-with-change-date
officers · CH03
2022-11-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-02