ABEL 2 (LONDON) LIMITED

💤Zombieactive
03868076 · ltd · incorporated 1999-10-29
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 Nov 2024
Net worth
£2.6k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Joinery installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (77/100)

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
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,604

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£3k
↑ 207% YoY
Current Assets
£27k
↓ 15% YoY
Current Liabilities
£0£6k£13k£19k£26k£32kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£13.7k£23.0k
Current assets£27.1k£32.0k
Net assets£2.6k£849

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-08-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-07-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-10-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2019-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-10-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2019-08-29
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  11. 2018-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-08-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2017-09-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2017-09-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2017-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2008-10-15
    ABELMAN, Samuel resigned
    secretary
  17. 1999-10-29
    🏢
    Company incorporated
    As ABEL 2 (LONDON) LIMITED
  18. 1999-10-29
    ABELMAN, Alex appointed
    director
  19. 1999-10-29
    ABELMAN, Samuel appointed
    secretary
  20. 1999-10-29
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  21. 1999-10-29
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  22. 1999-10-29
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director
  23. 1999-10-29
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

85/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Alex Abelman
Individual · American,British · DOB 09/1969 · age 57
sig. influencesignificant influence29/10/2016

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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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
Incorporated1999-10-29
Jurisdictionengland-wales
Primary SIC43320 — Joinery installation

Registered office

18 The Broadway
Stoneleigh
Epsom
Surrey
KT17 2HU

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-12
Last: 2025-10-29

Officers (1 active · 3 resigned)

ABELMAN, Alex
director · ~57y · appointed 1999-10-29
View their other companies + combined net worth →
Active
ABELMAN, Samuel
secretary · appointed 1999-10-29 · resigned 2008-10-15
Resigned
WATERLOW SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1999-10-29 · resigned 1999-10-29
Resigned
WATERLOW NOMINEES LIMITED
corporate-nominee-director · appointed 1999-10-29 · resigned 1999-10-29
Resigned

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

Recent filings (72 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-11
gazette-filings-brought-up-to-date
gazette · DISS40
2019-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-29