ABICAD LIMITED

🌳Matureactive
03365944 · ltd · incorporated 1997-05-06
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£212.3k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 23.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 23.4 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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 (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 · FRS 105 (micro)
Positive net assets
Net assets £212,271

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£212k
↑ 27% YoY
Current Assets
£319k
↓ 2.6% YoY
Current Liabilities
—
£0£66k£131k£197k£262k£328kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£212.3k£167.7k
Current assets£319.1k£327.7k
Net assets£212.3k£167.7k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-11-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-07-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-07-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-07-05
    ➖
    SOPER, Clare Louise resigned
    director
  6. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-09-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-10-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2019-10-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-01-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2019-01-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-04-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2018-04-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2018-04-01
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  18. 2014-10-01
    ➕
    TREADWELL, Richard James appointed
    director
  19. 2012-10-01
    ➕
    SOPER, Clare Louise appointed
    director
  20. 2011-08-27
    🔓
    Charge satisfied #3
  21. 2011-08-23
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  22. 2011-02-17
    ➖
    TREADWELL, Richard James resigned
    director
  23. 2009-10-01
    ➕
    BARRS, Tracey appointed
    director
  24. 2009-10-01
    ➕
    TREADWELL, Richard James appointed
    director
  25. 2009-06-10
    🔓
    Charge satisfied #2
  26. 2004-09-21
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  27. 2004-07-01
    🔒
    Charge registered #2
    Lender: Wendy Holt and Denton & Co Trustees Limited
  28. 2004-04-02
    🔓
    Charge satisfied #1
  29. 2003-01-27
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  30. 1997-05-06
    🏢
    Company incorporated
    As ABICAD LIMITED
  31. 1997-05-06
    ➕
    BARRS, Tracey appointed
    secretary
  32. 1997-05-06
    ➕
    BARRS, Richard Andrew appointed
    director
  33. 1997-05-06
    ➕
    FORMATION SECRETARIES LTD appointed
    corporate-nominee-secretary
  34. 1997-05-06
    ➖
    FORMATION SECRETARIES LTD resigned
    corporate-nominee-secretary
  35. 1997-05-06
    ➕
    FORMATION NOMINEES LTD appointed
    corporate-nominee-director
  36. 1997-05-06
    ➖
    FORMATION NOMINEES LTD resigned
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
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 66. Approaching typical UK retirement age — succession thinking likely.
  • 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

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
Mr Richard Andrew Barrs
Individual · British · DOB 12/1963 · age 63
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016

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

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 →
🔒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
Incorporated1997-05-06
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

56 Botley Road
Park Gate
Southampton
SO31 1BB
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-07-23
Last: 2025-07-09

Officers (4 active · 4 resigned)

BARRS, Tracey→
secretary · appointed 1997-05-06
View their other companies + combined net worth →
Active
BARRS, Richard Andrew→
director · ~63y · appointed 1997-05-06
View their other companies + combined net worth →
Active
BARRS, Tracey→
director · ~66y · appointed 2009-10-01
View their other companies + combined net worth →
Active
TREADWELL, Richard James→
director · ~61y · appointed 2014-10-01
View their other companies + combined net worth →
Active
FORMATION SECRETARIES LTD→
corporate-nominee-secretary · appointed 1997-05-06 · resigned 1997-05-06
Resigned
SOPER, Clare Louise→
director · ~44y · appointed 2012-10-01 · resigned 2024-07-05
Resigned
TREADWELL, Richard James→
director · ~61y · appointed 2009-10-01 · resigned 2011-02-17
Resigned
FORMATION NOMINEES LTD→
corporate-nominee-director · appointed 1997-05-06 · resigned 1997-05-06
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property23/08/2011—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property21/09/200427/08/2011
satisfied
Wendy Holt and Denton & Co Trustees
Wendy Holt and Denton & Co Trustees Limited
Rent deposit deed1 property01/07/200410/06/2009
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property27/01/200302/04/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (93 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-09
termination-director-company-with-name-termination-date
officers · TM01
2024-07-09
change-person-director-company-with-change-date
officers · CH01
2024-07-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-01
change-person-director-company-with-change-date
officers · CH01
2020-10-27