ABILITY PROJECTS LIMITED

🌳Matureactive

04088764 · ltd · incorporated 2000-10-12

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 25.4y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: SIC 28250

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 87-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 85/100. Strong seller-intent signal (73/100, director aged 87). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 25.4y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 25.4 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (60/100)

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

No iXBRL financials extracted

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

18 officers (5 active, 18 linked, 12 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

13 connected companies via shared directors

Filing history

131 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (57 events)Click to expand

2025-10-21
📄
accounts-with-accounts-type-full
accounts · AA
2025-04-03
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-04-03
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-01
➕
BURKE, Yvonne appointed
secretary
2025-03-31
➖
NAUGHTON, Fergal resigned
secretary
2025-03-31
➖
LEAMY, Fergal James resigned
director
2024-07-05
📄
accounts-with-accounts-type-full
accounts · AA
2024-02-08
📄
change-person-director-company-with-change-date
officers · CH01
2023-08-24
📄
change-person-director-company-with-change-date
officers · CH01
2023-07-08
📄
accounts-with-accounts-type-full
accounts · AA
2022-07-04
📄
accounts-with-accounts-type-full
accounts · AA
2021-10-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-10-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-10-01
➕
BURKE, Yvonne appointed
director
2021-10-01
➖
FLYNN, Donal Francis resigned
director
2021-09-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-08-20
➕
LEAMY, Fergal James appointed
director
2021-07-08
📄
accounts-with-accounts-type-full
accounts · AA
2020-07-07
📄
accounts-with-accounts-type-full
accounts · AA
2020-06-29
📄
change-person-director-company-with-change-date
officers · CH01
2019-07-02
📄
accounts-with-accounts-type-full
accounts · AA
2019-01-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-03-31
➖
DUCKWORTH, Mark John resigned
director
2018-03-31
➖
LOWTHER, Peter resigned
director
2017-03-30
➕
NAUGHTON, Fergal appointed
secretary
2017-03-30
➖
O'DRISCOLL, Sean resigned
secretary
2017-03-30
➖
O'DRISCOLL, Sean resigned
director
2017-01-27
➕
FLYNN, Donal Francis appointed
director
2016-10-06
🔓
Charge satisfied #4
2016-07-26
🔓
Charge satisfied #1
2016-03-31
➕
NAUGHTON, Fergal John appointed
director
2016-03-31
➕
NAUGHTON, Martin appointed
director
2016-03-31
➕
STEWART, Neil appointed
director
2016-03-31
➖
DUCKWORTH, Mark John resigned
secretary
2016-03-31
➕
O'DRISCOLL, Sean appointed
secretary
2016-03-31
➕
O'DRISCOLL, Sean appointed
director
2016-03-31
🔓
Charge satisfied #3
2015-11-20
🔒
Charge registered #4
Lender: Barclays Bank PLC
2015-09-11
➖
JOLLIFF, Gregory Elliott resigned
director
2012-01-09
🔒
Charge registered #3
Lender: Barclays Bank PLC
2009-04-01
➕
JOLLIFF, Gregory Elliott appointed
director
2006-02-27
➖
HUNT, Michael Ronald resigned
director
2004-10-19
🔓
Charge satisfied #2
2001-06-01
➕
HUNT, Michael Ronald appointed
director
2001-01-08
➖
JOLLIFF, Gregory Elliott resigned
director
2001-01-08
➕
LOWTHER, Peter appointed
director
2001-01-02
🔒
Charge registered #1
Lender: Barclays Bank PLC
2000-12-21
🔒
Charge registered #2
Lender: Benridge Investments Limited
2000-10-12
🏢
Company incorporated
As ABILITY PROJECTS LIMITED

Showing most recent 50 of 57 events

Owner dependency

63/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 87 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

65/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Martin Naughton Individual · Irish · DOB 05/1939 · age 87	75–100%	—	75-100% shares · firm interest	06/04/2016

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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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.

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Company details

Statusactive

Typeltd

Incorporated2000-10-12

Jurisdictionengland-wales

Primary SIC28250 — SIC 28250

Registered office

Millbrook House Grange Drive

Hedge End

Southampton

SO30 2DF

England

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2027-02-14

Last: 2026-01-31