ABM ELECTRICAL WHOLESALE LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
Refinance opportunity
6 live charges · 4 lenders · oldest 23.4y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 23.4 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
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 | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £640.3k | £679.1k |
| Current assets | £1.28M | £1.25M |
| Cash | £32.3k | £27.9k |
| Debtors | £988.0k | £922.7k |
| Net assets | £604.7k | £621.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (44 events)Click to expand
- 2025-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-03-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-05🔓Charge satisfied #5
- 2025-03-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-28🔒Charge registered #6Lender: Rbs Invoice Finance Limited
- 2024-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-11➖ASHWORTH, Lynda resignedsecretary
- 2023-04-11➖ASHWORTH, Leslie resigneddirector
- 2022-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-23🔓Charge satisfied #3
- 2021-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-14📄change-person-director-company-with-change-dateofficers · CH01
- 2020-11-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-11-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-11-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-11-20📄change-person-director-company-with-change-dateofficers · CH01
- 2020-11-20📄change-person-director-company-with-change-dateofficers · CH01
- 2020-11-20📄change-person-director-company-with-change-dateofficers · CH01
- 2020-05-15🔒Charge registered #5Lender: Santander UK PLC as Security Trustee
- 2016-06-01➕ASHWORTH, Robert Lee appointeddirector
- 2012-07-11🔓Charge satisfied #4
- 2011-11-01➕ASHWORTH, Mark Leslie appointeddirector
- 2007-06-11🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2006-09-13🔓Charge satisfied #2
- 2006-09-13🔓Charge satisfied #1
- 2006-08-24🔒Charge registered #3Lender: Rbs Invoice Finance Limited
- 2006-08-18➕ASHWORTH, Lynda appointedsecretary
- 2006-08-18➖MOTT, Gillian Louise resignedsecretary
- 2006-08-18➖MOTT, James Peter resigneddirector
- 2006-04-20🔒Charge registered #2Lender: Barclays Bank PLC
- 2002-12-13🔒Charge registered #1Lender: Barclays Bank PLC
- 2002-07-01➕ASHWORTH, Leslie appointeddirector
- 2002-05-01➕MOTT, Gillian Louise appointedsecretary
- 2002-05-01➖BRITANNIA COMPANY FORMATIONS LIMITED resignedcorporate-nominee-secretary
- 2002-05-01➕MOTT, James Peter appointeddirector
- 2002-05-01➖DEANSGATE COMPANY FORMATIONS LIMITED resignedcorporate-nominee-director
- 2002-04-17🏢Company incorporatedAs ABM ELECTRICAL WHOLESALE LIMITED
- 2002-04-17➕BRITANNIA COMPANY FORMATIONS LIMITED appointedcorporate-nominee-secretary
- 2002-04-17➕DEANSGATE COMPANY FORMATIONS LIMITED appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 24 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Abm Electrical Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Abm Electrical Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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6 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 (2 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Rbs Invoice Finance Limited | A registered charge | — | 28/02/2025 | — | |
| satisfied | Santander Santander UK PLC as Security Trustee | A registered charge | 1 property | 15/05/2020 | 05/03/2025 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 11/06/2007 | 11/07/2012 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Fixed and floating charge | 1 property | 24/08/2006 | 23/03/2022 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 20/04/2006 | 13/09/2006 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 13/12/2002 | 13/09/2006 |