A B SHIPPING LIMITED

💤Zombieactive
03614465 · ltd · incorporated 1998-08-12
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 Jun 2024
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 55/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

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
Confirmed no charges registered
85
Directors & officers
6 officers (0 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
2
filings
  • 2 officers
Last 90 days
2
filings
  • 2 officers
Last 180 days
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-05-06
    FRYATT, Avril resigned
    secretary
  2. 2026-05-06
    FRYATT, Avril resigned
    director
  3. 2026-05-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-05-06
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2024-10-22
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  6. 2024-10-21
    FRYATT, Avril appointed
    director
  7. 2024-10-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-10-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-10-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-02-02
    FRYATT, Andrew Ralph resigned
    director
  11. 2023-12-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2023-02-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-12-21
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  15. 2020-06-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2017-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2016-08-25
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  20. 2016-08-25
    📍
    change-sail-address-company-with-new-address
    address · AD02
  21. 2013-04-12
    LEWIS, Robert resigned
    director
  22. 1998-08-20
    FRYATT, Avril appointed
    secretary
  23. 1998-08-20
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  24. 1998-08-20
    FRYATT, Andrew Ralph appointed
    director
  25. 1998-08-20
    LEWIS, Robert appointed
    director
  26. 1998-08-20
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  27. 1998-08-12
    🏢
    Company incorporated
    As A B SHIPPING LIMITED
  28. 1998-08-12
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  29. 1998-08-12
    FORM 10 DIRECTORS FD LTD appointed
    corporate-nominee-director

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: FRYATT, Avril resigned 2026-05-06; FRYATT, Avril resigned 2026-05-06

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew Ralph Fryatt
Individual · British · DOB 07/1949 · age 77
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated1998-08-12
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Rook Wood Crossways
West Chiltington
Pulborough
West Sussex
RH20 2QY

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-08-26
Last: 2025-08-12

Officers (0 active · 6 resigned)

FRYATT, Avril
secretary · appointed 1998-08-20 · resigned 2026-05-06
Resigned
FORM 10 SECRETARIES FD LTD
corporate-nominee-secretary · appointed 1998-08-12 · resigned 1998-08-20
Resigned
FRYATT, Andrew Ralph
director · ~77y · appointed 1998-08-20 · resigned 2024-02-02
Resigned
FRYATT, Avril
director · ~64y · appointed 2024-10-21 · resigned 2026-05-06
Resigned
LEWIS, Robert
director · ~76y · appointed 1998-08-20 · resigned 2013-04-12
Resigned
FORM 10 DIRECTORS FD LTD
corporate-nominee-director · appointed 1998-08-12 · resigned 1998-08-20
Resigned

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

Recent filings (75 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-05-06
termination-secretary-company-with-name-termination-date
officers · TM02
2026-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-15
change-sail-address-company-with-old-address-new-address
address · AD02
2024-10-22
accounts-with-accounts-type-dormant
accounts · AA
2024-10-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-21
termination-director-company-with-name-termination-date
officers · TM01
2024-10-21
appoint-person-director-company-with-name-date
officers · AP01
2024-10-21
accounts-with-accounts-type-dormant
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-23
change-account-reference-date-company-current-extended
accounts · AA01
2020-12-21