ABBEY ELECTRICS LIMITED
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Average employees | 2 | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (28 events)Click to expand
- 2026-01-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-07-18📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2024-07-09📄capital-return-purchase-own-sharescapital · SH03
- 2024-06-17📄capital-cancellation-sharescapital · SH06
- 2024-06-17📄resolutionresolution · RESOLUTIONS
- 2024-05-22📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2024-05-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-01➖GAVIN, Paul Anthony resigneddirector
- 2023-01-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-03📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2003-05-25➕BYRNE, Christina appointedsecretary
- 2003-05-25➖BYRNE, Sean Noel resignedsecretary
- 2003-04-01➕GAVIN, Paul Anthony appointeddirector
- 1997-05-01🏢Company incorporatedAs ABBEY ELECTRICS LIMITED
- 1997-05-01➕BYRNE, Michael appointeddirector
- 1997-05-01➕BYRNE, Sean Noel appointedsecretary
- 1997-05-01➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1997-05-01➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1997-05-01➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 1997-05-01➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 29 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Byrne Individual · Irish · DOB 07/1974 · age 52 | — | 75–100% | board control75-100% voting · board control | 24/05/2024 |
2 historic (ceased) PSCs
- Mr Paul Anthony Gavinceased 01/06/2023· 25-50% shares · 25-50% voting · board control
- Mr Michael Byrneceased 01/06/2023· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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7 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 →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
Registered office
Filing status
Officers (2 active · 4 resigned)
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