AB INITIO SOFTWARE LIMITED

🌳Matureactive
03895729 · ltd · incorporated 1999-12-13
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 Dec 2024
Net worth
—
book net assets
Opportunity
81/100
Exceptional
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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
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
81/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees1380013200

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 confirmation-statement
Last 180 days
2
filings
  • • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-08-26
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2024-09-11
    📄
    accounts-with-accounts-type-group
    accounts · AA
  3. 2023-09-27
    📄
    accounts-with-accounts-type-group
    accounts · AA
  4. 2022-09-21
    📄
    accounts-with-accounts-type-group
    accounts · AA
  5. 2021-09-23
    📄
    accounts-with-accounts-type-group
    accounts · AA
  6. 2021-04-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2020-10-05
    📄
    accounts-with-accounts-type-group
    accounts · AA
  8. 2020-06-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-06-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2019-08-08
    📄
    accounts-with-accounts-type-group
    accounts · AA
  11. 2018-07-25
    📄
    accounts-with-accounts-type-group
    accounts · AA
  12. 2017-10-02
    📄
    accounts-with-accounts-type-group
    accounts · AA
  13. 2016-07-13
    📄
    accounts-with-accounts-type-group
    accounts · AA
  14. 2016-06-14
    📄
    memorandum-articles
    incorporation · MA
  15. 2016-05-26
    ➕
    BENNETT, Wayne Douglas appointed
    director
  16. 2016-05-26
    ➖
    BURKE, James resigned
    director
  17. 2009-08-13
    ➖
    BLOOMSBURY REGISTRARS LIMITED resigned
    corporate-secretary
  18. 2009-01-01
    ➕
    BURKE, James appointed
    director
  19. 2008-12-31
    ➖
    HANDLER, Sheryl resigned
    director
  20. 2002-08-01
    ➕
    PARKER, Alan Charles appointed
    director
  21. 1999-12-13
    🏢
    Company incorporated
    As AB INITIO SOFTWARE LIMITED
  22. 1999-12-13
    ➕
    LASSER, Clifford appointed
    director
  23. 1999-12-13
    ➕
    BLOOMSBURY REGISTRARS LIMITED appointed
    corporate-secretary
  24. 1999-12-13
    ➕
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  25. 1999-12-13
    ➖
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  26. 1999-12-13
    ➕
    HANDLER, Sheryl appointed
    director
  27. 1999-12-13
    ➕
    LONDON LAW SERVICES LIMITED appointed
    corporate-nominee-director
  28. 1999-12-13
    ➖
    LONDON LAW SERVICES LIMITED resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Sheryl Handler
Individual · American · DOB 12/1946 · age 80
50–75%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
Mr Cliff Lasser
Individual · American · DOB 01/1961 · age 65
——sig. influencesignificant influence06/04/2016

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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————7y——
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
Incorporated1999-12-13
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

3 The Heights
Brooklands
Weybridge
Surrey
KT13 0NY
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (3 active · 5 resigned)

BENNETT, Wayne Douglas→
director · ~74y · appointed 2016-05-26
View their other companies + combined net worth →
Active
LASSER, Clifford→
director · ~65y · appointed 1999-12-13
View their other companies + combined net worth →
Active
PARKER, Alan Charles→
director · ~60y · appointed 2002-08-01
View their other companies + combined net worth →
Active
BLOOMSBURY REGISTRARS LIMITED→
corporate-secretary · appointed 1999-12-13 · resigned 2009-08-13
Resigned
LONDON LAW SECRETARIAL LIMITED→
corporate-nominee-secretary · appointed 1999-12-13 · resigned 1999-12-13
Resigned
BURKE, James→
director · ~86y · appointed 2009-01-01 · resigned 2016-05-26
Resigned
HANDLER, Sheryl→
director · ~71y · appointed 1999-12-13 · resigned 2008-12-31
Resigned
LONDON LAW SERVICES LIMITED→
corporate-nominee-director · appointed 1999-12-13 · resigned 1999-12-13
Resigned

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

Recent filings (81 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-18
accounts-with-accounts-type-group
accounts · AA
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-group
accounts · AA
2024-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-14
accounts-with-accounts-type-group
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-14
accounts-with-accounts-type-group
accounts · AA
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-17
accounts-with-accounts-type-group
accounts · AA
2021-09-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-04
accounts-with-accounts-type-group
accounts · AA
2020-10-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-06-24