ABSOLUTE MUSEUM & GALLERY PRODUCTS LTD
🌳Matureactive
03715705 · ltd · incorporated 1999-02-18
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£636.7k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Special-situation opportunityDistressed wholesale with salvageable qualities — special-situations priority.
Opportunity 71/100 (strong), bankability 57/100. Strong seller-intent signal (78/100, director aged 72). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 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 · 3 lenders · oldest 20.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 20.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £636,678
Net assets shrinking
Down £64,310 YoY
Cash YoY
+18%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£171k
↑ 18% YoY
Net Worth
£637k
↓ 9.2% YoY
Current Assets
£333k
↑ 6.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £963.3k | £1.07M |
| Current assets | £333.2k | £311.9k |
| Cash | £171.4k | £145.8k |
| Debtors | £23.0k | £26.6k |
| Net assets | £636.7k | £701.0k |
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
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-03-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-06-25📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-06-17📄gazette-notice-compulsorygazette · GAZ1
- 2024-11-26📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-11-26📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-25📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-12📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-02-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2016-11-18🔓Charge satisfied #1
- 2016-11-09🔒Charge registered #4Lender: Barclays Bank PLC
- 2016-11-09🔓Charge satisfied #3
- 2015-10-09🔒Charge registered #3Lender: Kenneth John Ellis
- 2009-02-10🔒Charge registered #2Lender: Barclays Bank PLC
- 2005-12-13🔒Charge registered #1Lender: National Westminster Bank PLC
- 1999-02-24➕BLAKENEY, Jonathan Charles appointedsecretary
- 1999-02-24➕BLAKENEY, Jonathan Charles appointeddirector
- 1999-02-24➕SPRAGUE, Samuel appointeddirector
- 1999-02-23➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 1999-02-23➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 1999-02-18🏢Company incorporatedAs ABSOLUTE MUSEUM & GALLERY PRODUCTS LTD
- 1999-02-18➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 1999-02-18➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
83/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
91/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 med ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-14
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Samuel Sprague Individual · British · DOB 04/1954 · age 72 | 25–50% | — | 25-50% shares | 04/03/2020 |
Mr Jonathan Charles Blakeney Individual · British · DOB 01/1965 · age 61 | 25–50% | — | 25-50% shares | 30/06/2016 |
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 →Similar companies
Active · Wholesale & distribution · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 183SSNN LTD→ 15047513 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 360 LINK DESIGN TO SUPPLY LIMITED→ 05757434 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| A & E FUEL SUPPLIES LTD→ 11467550 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A.J. & R.PALMER LIMITED→ 01708324 · est 1983 · no financials extracted | — | — | — | — | 43y | — | — |
| AARON WILKINSON LIMITED→ 15172225 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACCESS ELECTRICAL (SERVICES) LIMITED→ 01084120 · est 1972 · no financials extracted | — | — | — | — | 53y | — | — |
| ACTIVE ELECTRONICS (HOLDINGS) LIMITED→ 11353042 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AEGIS TACTICAL SOLUTIONS LTD→ 16654295 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AERIALS, SATELLITES AND CABLES LIMITED→ 07800695 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AFRICAN COFFEE LIMITED→ 11395342 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AFRIGROCER LIMITED→ 16843960 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGRICULTURAL COMMISSIONS LIMITED→ 06590688 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated1999-02-18
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
The Hub, Pathfields Business Park
Station Road
South Molton
Devon
EX36 3LL
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-14OVERDUE
Last: 2025-03-31
Officers (3 active · 2 resigned)
BLAKENEY, Jonathan Charles→
Activesecretary · appointed 1999-02-24
View their other companies + combined net worth →
BLAKENEY, Jonathan Charles→
Activedirector · ~61y · appointed 1999-02-24
View their other companies + combined net worth →
SPRAGUE, Samuel→
Activedirector · ~72y · appointed 1999-02-24
View their other companies + combined net worth →
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 1999-02-18 · resigned 1999-02-23
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 1999-02-18 · resigned 1999-02-23
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 09/11/2016 | — | |
| satisfied | Kenneth John Ellis | A registered charge | 1 property | 09/10/2015 | 09/11/2016 | |
| outstanding | Barclays Barclays Bank PLC | Fixed & floating charge | 1 property | 10/02/2009 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 13/12/2005 | 18/11/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (91 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-11
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-02
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-06-25
gazette-notice-compulsory
gazette · GAZ1
2025-06-17
change-person-secretary-company-with-change-date
officers · CH03
2024-11-26
change-person-director-company-with-change-date
officers · CH01
2024-11-26
change-person-director-company-with-change-date
officers · CH01
2024-11-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
change-person-director-company-with-change-date
officers · CH01
2024-03-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31