ABBEYCAN LIMITED
💤Zombieactive
03314564 · ltd · incorporated 1997-02-07
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 Feb 2025
Net worth
£315.1k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Special-situation opportunityDistressed hospitality with salvageable qualities — special-situations priority.
Opportunity 73/100 (strong), bankability 70/100. Strong seller-intent signal (78/100, director aged 75). Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 29.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 29.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 2 with DOB)
76
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £315,100
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£315k
↑ 16% YoY
Current Assets
£324k
↑ 1053% 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 | 2024-02-28 |
|---|---|---|
| Total assets | £315.1k | £271.7k |
| Current assets | £323.8k | £28.1k |
| Net assets | £315.1k | £271.7k |
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 (31 events)Click to expand
- 2025-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-10📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-11-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-03-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-02-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-05-15➖KHAN, Bostan resignedsecretary
- 2004-11-04🔒Charge registered #2Lender: National Westminster Bank PLC
- 2003-11-26➕KHAN, Bostan appointedsecretary
- 2003-11-26➖SALIH, Shaker resignedsecretary
- 2003-11-26➖KHAN, Bostan resigneddirector
- 2002-12-11➕SALIH, Shakir appointeddirector
- 2001-08-05➖FROST, Arthur Robin resignedsecretary
- 2001-03-01➕SALIH, Shaker appointedsecretary
- 1997-04-17🔒Charge registered #1Lender: National Westminster Bank PLC
- 1997-02-13➖BHARDWAJ, Ashok resignednominee-secretary
- 1997-02-13➕FROST, Arthur Robin appointedsecretary
- 1997-02-13➕KHAN, Bostan appointeddirector
- 1997-02-13➖BHARDWAJ CORPORATE SERVICES LIMITED resignedcorporate-nominee-director
- 1997-02-07🏢Company incorporatedAs ABBEYCAN LIMITED
- 1997-02-07➕BHARDWAJ, Ashok appointednominee-secretary
- 1997-02-07➕BHARDWAJ CORPORATE SERVICES LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
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.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
100/100
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 75 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-03
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Shakir Salih Individual · British · DOB 03/1951 · age 75 | 75–100% | — | 75-100% shares | 07/02/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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Active · Hospitality · BN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 33 WALDEGRAVE ROAD LTD→ 09026595 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 7 SHAAD LIMITED→ 15806868 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 786 KABIR LTD→ 16435911 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 9LIVES BARS LTD→ 11935184 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| A C & D A TUNESI LIMITED→ 07075574 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ABDUL'S CUISINE LIMITED→ 11681419 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABILITEA PLACE LTD→ 15973527 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABIRU LTD→ 07125080 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ABUELLAIAS LTD→ 17083154 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABYSSINIA BRIGHTON LTD→ 16995896 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABZP LIMITED→ 14640087 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACE KEBAB LIMITED→ 15493317 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1997-02-07
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes
Registered office
8 Bartholomews
Brighton
East Sussex
BN1 1HG
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-04-03OVERDUE
Last: 2025-03-20
Officers (1 active · 6 resigned)
SALIH, Shakir→
Activedirector · ~75y · appointed 2002-12-11
View their other companies + combined net worth →
BHARDWAJ, Ashok→
Resignednominee-secretary · appointed 1997-02-07 · resigned 1997-02-13
FROST, Arthur Robin→
Resignedsecretary · appointed 1997-02-13 · resigned 2001-08-05
KHAN, Bostan→
Resignedsecretary · appointed 2003-11-26 · resigned 2008-05-15
SALIH, Shaker→
Resignedsecretary · appointed 2001-03-01 · resigned 2003-11-26
KHAN, Bostan→
Resigneddirector · ~78y · appointed 1997-02-13 · resigned 2003-11-26
BHARDWAJ CORPORATE SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 1997-02-07 · resigned 1997-02-13
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 04/11/2004 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 17/04/1997 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (76 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-20
change-person-director-company-with-change-date
officers · CH01
2025-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-30