ABNET LIMITED
💤Zombieactive
03379732 · ltd · incorporated 1997-06-02
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 Sept 2024
Net worth
£-1.5k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). 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 (73/100).
Data confidence
Overall: medium (75/100)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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £1,537
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£2k
↓ 24% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £-1.5k | £-1.2k |
| Net assets | £-1.5k | £-1.2k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-06-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-13📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-04📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2019-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-06-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 1997-06-02🏢Company incorporatedAs ABNET LIMITED
- 1997-06-02➕JONES, Tina Louise appointedsecretary
- 1997-06-02➕JONES, Mark Conrad appointeddirector
- 1997-06-02➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1997-06-02➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1997-06-02➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 1997-06-02➖COMPANY DIRECTORS LIMITED resignedcorporate-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 29 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong 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.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Conrad Jones Individual · British · DOB 06/1960 · age 66 | 50–75% | — | 50-75% shares | 06/04/2016 |
Mrs Tina Louise Jones Individual · British · DOB 10/1961 · age 65 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · DA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A-DEX PRISM LIMITED→ 14489099 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABLE SKILLS LIMITED→ 05492477 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ABRIDGED AUDIO LIMITED→ 15247677 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABTED LIMITED→ 05863325 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ABX CONSULTING LIMITED→ 16159845 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AC-COM NETWORKS LTD→ 11198572 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ACE CLOUD CONSULTANCY LTD→ 14008430 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ACE THINKER LIMITED→ 09603368 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ACE-WORLD IT LTD→ 15849242 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACEHUB TECHNOLOGIES LTD→ 16475209 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACEOCTA LIMITED→ 16687119 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACERILL LTD→ 10217316 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated1997-06-02
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities
Registered office
18 Eaton Road
Sidcup
Kent
DA14 4PE
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-06-16
Last: 2026-06-02
Officers (2 active · 2 resigned)
JONES, Tina Louise→
Activesecretary · appointed 1997-06-02
View their other companies + combined net worth →
JONES, Mark Conrad→
Activedirector · ~66y · appointed 1997-06-02
View their other companies + combined net worth →
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-06-02 · resigned 1997-06-02
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 1997-06-02 · resigned 1997-06-02
Click a director name to see their full track record across all companies.
Recent filings (65 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-11
accounts-with-accounts-type-dormant
accounts · AA
2023-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-28
change-account-reference-date-company-current-extended
accounts · AA01
2021-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-14
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2020-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-17