ABSOLUTE CASING LTD.

🌳Matureactive
03780038 · ltd · incorporated 1999-05-28
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 May 2025
Net worth
£609.0k
book net assets
Opportunity
78/100
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
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 26.5y

35/100
too messy

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

  • · Oldest live charge is 26.5 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: high (81/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £608,975
Net assets shrinking
Down £13,950 YoY
Cash YoY
+65%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£81k
↑ 65% YoY
Net Worth
£609k
↓ 2.2% YoY
Current Assets
£900k
~ YoY
Current Liabilities
—
£0£181k£362k£543k£724k£905kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£1.13M£1.29M
Current assets£899.6k£905.1k
Cash£81.1k£49.3k
Debtors£685.5k£668.9k
Net assets£609.0k£622.9k

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-02-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-01-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-01-15
    🔒
    Charge registered #3
    Lender: Hsbc UK Bank PLC
  5. 2025-01-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2025-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2025-01-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-04-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-04-17
    🔒
    Charge registered #2
    Lender: Hsbc Invoice Finance (UK) LTD
  10. 2023-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-01-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-02-25
    ➖
    FRANKLIN, Jessica Sarah resigned
    secretary
  17. 2019-02-25
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2018-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-02-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  20. 2016-01-01
    ➕
    FRANKLIN, Clare Helen appointed
    director
  21. 2004-05-15
    ➖
    SHARPE, James Robert resigned
    director
  22. 2004-01-04
    ➕
    FRANKLIN, Jessica Sarah appointed
    secretary
  23. 2004-01-04
    ➖
    SHARPE, James Robert resigned
    secretary
  24. 2003-12-01
    ➖
    VINCENT, Raymond John resigned
    director
  25. 1999-12-13
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  26. 1999-05-28
    🏢
    Company incorporated
    As ABSOLUTE CASING LTD.
  27. 1999-05-28
    ➕
    FRANKLIN, Edward Charles appointed
    director
  28. 1999-05-28
    ➕
    SHARPE, James Robert appointed
    secretary
  29. 1999-05-28
    ➕
    CHETTLEBURGH INTERNATIONAL LIMITED appointed
    corporate-nominee-secretary
  30. 1999-05-28
    ➖
    CHETTLEBURGH INTERNATIONAL LIMITED resigned
    corporate-nominee-secretary
  31. 1999-05-28
    ➕
    SHARPE, James Robert appointed
    director
  32. 1999-05-28
    ➕
    VINCENT, Raymond John appointed
    director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Edward Charles Franklin
Individual · British · DOB 05/1972 · age 54
50–75%
50–75%board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · firm interest28/05/2017
Mrs Clare Helen Franklin
Individual · British · DOB 08/1976 · age 50
25–50%
25–50%25-50% shares · 25-50% 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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A C ELITE CLEANERS LIMITED→
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———————
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11439713 · est 2018 · no financials extracted
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06912105 · est 2009 · no financials extracted
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11737613 · est 2018 · no financials extracted
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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
Incorporated1999-05-28
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Unit 1, Apple Pie Farm Aldworth Road
Compton
Newbury
Berkshire
RG20 6RD
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-06-11
Last: 2026-05-28

Officers (2 active · 5 resigned)

FRANKLIN, Clare Helen→
director · ~50y · appointed 2016-01-01
View their other companies + combined net worth →
Active
FRANKLIN, Edward Charles→
director · ~54y · appointed 1999-05-28
View their other companies + combined net worth →
Active
FRANKLIN, Jessica Sarah→
secretary · appointed 2004-01-04 · resigned 2019-02-25
Resigned
SHARPE, James Robert→
secretary · appointed 1999-05-28 · resigned 2004-01-04
Resigned
CHETTLEBURGH INTERNATIONAL LIMITED→
corporate-nominee-secretary · appointed 1999-05-28 · resigned 1999-05-28
Resigned
SHARPE, James Robert→
director · ~52y · appointed 1999-05-28 · resigned 2004-05-15
Resigned
VINCENT, Raymond John→
director · ~82y · appointed 1999-05-28 · resigned 2003-12-01
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property15/01/2025—
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD
A registered charge—17/04/2024—
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property13/12/1999—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (83 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28