ABLE CONTRACTS REFURBISHMENT LTD
💤Zombieactive
03456630 · ltd · incorporated 1997-10-28
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 May 2025
Net worth
£374.6k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 43390Other building completion and finishing
- 43999Other specialised construction activities n.e.c.
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (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: Cash flow review and working-capital discipline. Cash down -37% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 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
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £374,607
Cash YoY
-37%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£267k
↓ 37% YoY
Net Worth
£375k
↑ 85% YoY
Current Assets
£594k
↓ 7.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-02 | 2024-05-02 |
|---|---|---|
| Total assets | £416.0k | £221.2k |
| Current assets | £594.2k | £638.6k |
| Cash | £267.1k | £427.2k |
| Debtors | £312.0k | £201.6k |
| Net assets | £374.6k | £202.0k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-01-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-29📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2024-05-28📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2024-05-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-14📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-05-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-05-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-05-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-05-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-05-02➕LOCKE, Joseph Anthony appointeddirector
- 2023-05-02➖TWELVETREES, Susan resignedsecretary
- 2023-05-02➖TWELVETREES, Kevin Peter resigneddirector
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-10-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 1997-10-28🏢Company incorporatedAs ABLE CONTRACTS REFURBISHMENT LTD
- 1997-10-28➕DAVIES, Margaret Michelle appointednominee-secretary
- 1997-10-28➖DAVIES, Margaret Michelle resignednominee-secretary
- 1997-10-28➕TWELVETREES, Susan appointedsecretary
- 1997-10-28➕PIKE, Pamela appointednominee-director
- 1997-10-28➖PIKE, Pamela resignednominee-director
- 1997-10-28➕TWELVETREES, Kevin Peter appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Flow Heating Solutions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Flow Heating Solutions Limited
Corporate parent · holds 75-100% shares
⬇
ABLE CONTRACTS REFURBISHMENT LTD
This company · 03456630
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Flow Heating Solutions Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 02/05/2023 |
2 historic (ceased) PSCs
- Mr Kevin Peter Twelvetreesceased 02/05/2023· 25-50% shares · 25-50% voting
- Mrs Susan Jane Twelvetreesceased 02/05/2023· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Construction · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J MORAN LIMITED→ 03699627 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| A. H. BUILDING CONTRACTORS LIMITED→ 04471414 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| A. KARIM M. DEEN IMPERIUM LTD→ 15127909 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A.J. WILLCOCK HOLEFORMERS LTD→ 02663588 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| ADMG PROPERTIES LIMITED→ 05054954 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| ADVANCED DESIGN BUILD AND MANAGEMENT LTD→ 11783746 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AEROGEL UK LIMITED→ 08580178 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AESCULUS LIMITED→ 12166400 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AG47 ENERGY SERVICES LTD→ 16141911 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGB AUTOMATION LTD→ 07190639 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| AHS ELECTRICAL SERVICES LTD→ 09886914 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AI ESTATE GROUP LTD→ 14996987 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1997-10-28
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
20-22 Venture West Greenham Business Park
Greenham
Thatcham
RG19 6HX
England
Filing status
Accounts
Next due: 2027-02-02
Last made up to: 2025-05-02
Confirmation statement
Next due: 2027-06-02
Last: 2026-05-19
Officers (1 active · 4 resigned)
LOCKE, Joseph Anthony→
Activedirector · ~37y · appointed 2023-05-02
View their other companies + combined net worth →
DAVIES, Margaret Michelle→
Resignednominee-secretary · appointed 1997-10-28 · resigned 1997-10-28
TWELVETREES, Susan→
Resignedsecretary · appointed 1997-10-28 · resigned 2023-05-02
PIKE, Pamela→
Resignednominee-director · ~77y · appointed 1997-10-28 · resigned 1997-10-28
TWELVETREES, Kevin Peter→
Resigneddirector · ~67y · appointed 1997-10-28 · resigned 2023-05-02
Click a director name to see their full track record across all companies.
Recent filings (88 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
change-sail-address-company-with-old-address-new-address
address · AD02
2024-05-29
move-registers-to-registered-office-company-with-new-address
address · AD04
2024-05-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-15
change-account-reference-date-company-previous-extended
accounts · AA01
2023-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-05-19
appoint-person-director-company-with-name-date
officers · AP01
2023-05-19
termination-director-company-with-name-termination-date
officers · TM01
2023-05-19
termination-secretary-company-with-name-termination-date
officers · TM02
2023-05-19