ABINGDON STONE & MARBLE LIMITED
- · Oldest live charge 26.8y old — refinance window within 12 months
Opportunity 82/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 26.8y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 26.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £284.1k | £227.3k |
| Current assets | £128.4k | £174.7k |
| Cash | £63.1k | £63.4k |
| Debtors | £57.8k | £72.1k |
| Net assets | £260.9k | £216.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (28 events)Click to expand
- 2026-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-26➕HARRIS, Matthew Grant appointeddirector
- 2024-04-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-06-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-08-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-06-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2001-03-29🔒Charge registered #2Lender: Hsbc Bank PLC
- 2000-08-04➖WATLING, Peter John resignednominee-director
- 1999-08-09🔒Charge registered #1Lender: Midland Bank PLC
- 1999-06-16🏢Company incorporatedAs ABINGDON STONE & MARBLE LIMITED
- 1999-06-16➕GRIFFITHS, Martin John appointedsecretary
- 1999-06-16➕HARRIS, Michael appointeddirector
- 1999-06-16➕CFL SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1999-06-16➖CFL SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1999-06-16➕WATLING, Peter John appointednominee-director
- 1999-06-16➕CFL DIRECTORS LIMITED appointedcorporate-nominee-director
- 1999-06-16➖CFL DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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 78 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primaryFamily succession underway: Not a takeover target — HARRIS, Matthew Grant (same surname) appointed 2024-04-26. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 78 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Harris Individual · British · DOB 04/1948 · age 78 | 75–100% | — | 75-100% shares | 16/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (3 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 29/03/2001 | — | |
| outstanding | Midland Bank Midland Bank PLC | Debenture | 1 property | 09/08/1999 | — |