ABTUS LIMITED

🌳Matureactive
04204030 · ltd · incorporated 2001-04-23
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
£1.46M
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 28290
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · 4 lenders · oldest 24.8y

35/100
too messy

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

  • · Oldest live charge is 24.8 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
11 officers (6 active, 11 linked, 8 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
128 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
77
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 £1,456,222
Cash YoY
+22%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£543k
↑ 22% YoY
Net Worth
£1.5m
↑ 7.6% YoY
Current Assets
£1.0m
↓ 5.9% YoY
Current Liabilities
—
£0£291k£582k£874k£1.2m£1.5mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£1.73M£1.68M
Current assets£1.03M£1.09M
Cash£543.3k£444.2k
Debtors£261.4k£390.4k
Net assets£1.46M£1.35M

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2025-09-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-09-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-09-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-09-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-07-01
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2025-07-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-07-01
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2025-05-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-08-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-08-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-02-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2023-02-08
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  15. 2023-02-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2022-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-12-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2020-12-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2019-10-01
    🔒
    Charge registered #6
    Lender: Bank of Scotland PLC
  21. 2019-09-12
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC
  22. 2019-06-05
    🔓
    Charge satisfied #4
  23. 2013-11-18
    ➕
    CARTER, Hayley appointed
    director
  24. 2013-11-18
    ➕
    PARRETT, Samuel James appointed
    director
  25. 2009-08-31
    ➖
    DOWN, Christopher David resigned
    director
  26. 2008-06-01
    ➕
    DOWN, Christopher David appointed
    director
  27. 2006-10-10
    ➖
    MAYNELL, Colin Alfred resigned
    director
  28. 2006-06-08
    🔓
    Charge satisfied #3
  29. 2006-05-19
    🔓
    Charge satisfied #2
  30. 2006-05-19
    🔓
    Charge satisfied #1
  31. 2006-02-21
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland
  32. 2005-09-23
    ➖
    MAY, Ashley Falcon resigned
    director
  33. 2001-07-31
    ➕
    WELSH, Christopher Paul appointed
    director
  34. 2001-07-31
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland Commercial Services Limited
  35. 2001-07-31
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  36. 2001-07-31
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  37. 2001-06-27
    ➕
    CLAYDON, Peter John appointed
    director
  38. 2001-06-27
    ➕
    MAY, Ashley Falcon appointed
    director
  39. 2001-04-23
    🏢
    Company incorporated
    As ABTUS LIMITED
  40. 2001-04-23
    ➕
    OWEN, Russell Andrew appointed
    secretary
  41. 2001-04-23
    ➕
    OWEN, Russell Andrew appointed
    director
  42. 2001-04-23
    ➕
    KEY LEGAL SERVICES (SECRETARIAL) LIMITED appointed
    corporate-nominee-secretary
  43. 2001-04-23
    ➖
    KEY LEGAL SERVICES (SECRETARIAL) LIMITED resigned
    corporate-nominee-secretary
  44. 2001-04-23
    ➕
    MAYNELL, Colin Alfred appointed
    director
  45. 2001-04-23
    ➕
    KEY LEGAL SERVICES (NOMINEES) LIMITED appointed
    corporate-nominee-director
  46. 2001-04-23
    ➖
    KEY LEGAL SERVICES (NOMINEES) LIMITED resigned
    corporate-nominee-director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — 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 76 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Russell Andrew Owen
Individual · British · DOB 10/1961 · age 65
50–75%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mr Chris Welsh
Individual · British · DOB 01/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting02/12/2020

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 →

Similar companies

Active · Manufacturing · CB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1.S.A.F LTD→
13247799 · est 2021 · no financials extracted
————5y——
360-CARPENTRY LIMITED→
15081616 · est 2023 · no financials extracted
————2y——
3D PIONEERS LIMITED→
15484935 · est 2024 · no financials extracted
————2y——
3D VECTOR ELECTRIC LIMITED→
14097678 · est 2022 · no financials extracted
————3y——
76 PROJECTS LIMITED→
10235633 · est 2016 · no financials extracted
————9y——
AALMEIDA LTD→
16990209 · est 2026 · no financials extracted
———————
ABACUS CARDS LIMITED→
02599961 · est 1991 · no financials extracted
————35y——
ABCAM LIMITED→
03509322 · est 1998 · no financials extracted
————28y——
ABILIA LTD→
01149346 · est 1973 · no financials extracted
————52y——
ABSOLUTE STITCHES LTD→
08980173 · est 2014 · no financials extracted
————12y——
AC PAINT LTD→
16658500 · est 2025 · no financials extracted
———————
AC-TECH MANAGEMENT LIMITED→
04636842 · est 2003 · no financials extracted
————23y——
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
Incorporated2001-04-23
Jurisdictionengland-wales
Primary SIC28290 — SIC 28290

Registered office

Abtus
Falconer Road
Haverhill
Suffolk
CB9 7XU
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-30
Last: 2025-07-16

Officers (6 active · 5 resigned)

OWEN, Russell Andrew→
secretary · appointed 2001-04-23
View their other companies + combined net worth →
Active
CARTER, Hayley→
director · ~42y · appointed 2013-11-18
View their other companies + combined net worth →
Active
CLAYDON, Peter John→
director · ~76y · appointed 2001-06-27
View their other companies + combined net worth →
Active
OWEN, Russell Andrew→
director · ~65y · appointed 2001-04-23
View their other companies + combined net worth →
Active
PARRETT, Samuel James→
director · ~52y · appointed 2013-11-18
View their other companies + combined net worth →
Active
WELSH, Christopher Paul→
director · ~69y · appointed 2001-07-31
View their other companies + combined net worth →
Active
KEY LEGAL SERVICES (SECRETARIAL) LIMITED→
corporate-nominee-secretary · appointed 2001-04-23 · resigned 2001-04-23
Resigned
DOWN, Christopher David→
director · ~45y · appointed 2008-06-01 · resigned 2009-08-31
Resigned
MAY, Ashley Falcon→
director · ~59y · appointed 2001-06-27 · resigned 2005-09-23
Resigned
MAYNELL, Colin Alfred→
director · ~79y · appointed 2001-04-23 · resigned 2006-10-10
Resigned
KEY LEGAL SERVICES (NOMINEES) LIMITED→
corporate-nominee-director · appointed 2001-04-23 · resigned 2001-04-23
Resigned

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

Mortgages & charges

6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property01/10/2019—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—12/09/2019—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property21/02/200605/06/2019
satisfied
Lloyds Banking Group
The Royal Bank of Scotland Commercial Services Limited
Fixed and floating charge1 property31/07/200108/06/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Chattel mortgage supplemental to a mortgage debenture of even date1 property31/07/200119/05/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property31/07/200119/05/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (128 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-18
change-person-director-company-with-change-date
officers · CH01
2025-09-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-18
change-person-director-company-with-change-date
officers · CH01
2025-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-02
change-person-secretary-company-with-change-date
officers · CH03
2025-07-01
change-person-director-company-with-change-date
officers · CH01
2025-07-01
change-person-secretary-company-with-change-date
officers · CH03
2025-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-16
change-person-director-company-with-change-date
officers · CH01
2023-08-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-21