ABBEY ELECTRICAL (CUMBRIA) LIMITED

💤Zombieactive
04499675 · ltd · incorporated 2002-07-31
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
£156.3k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 33140
Sector: Manufacturing
ALSO REGISTERED FOR
  • 43210Electrical installation
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, 2 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
5 officers (2 active, 5 linked, 1 with DOB)
74
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
61 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 · FRS 105 (micro)
Positive net assets
Net assets £156,262
Net assets shrinking
Down £145,660 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£156k
↓ 48% YoY
Current Assets
£158k
↓ 50% YoY
Current Liabilities
£0£63k£126k£188k£251k£314kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-09-302024-09-30
Total assets£156.3k£301.9k
Current assets£158.2k£314.1k
Net assets£156.3k£301.9k

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

🔒Filing-note intelligence

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

Last 30 days
1
filing
  • 1 persons-with-significant-control
Last 90 days
1
filing
  • 1 persons-with-significant-control
Last 180 days
3
filings
  • 1 persons-with-significant-control
  • 1 accounts
  • 1 capital
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-05-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-01-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2026-01-15
    📄
    capital-alter-shares-subdivision
    capital · SH02
  4. 2025-04-03
    📄
    capital-name-of-class-of-shares
    capital · SH08
  5. 2025-04-03
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2025-04-02
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  7. 2025-01-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-12-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-11-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-11-05
    GASGARTH, Kim appointed
    secretary
  15. 2018-11-05
    GASGARTH, Carol Margaret resigned
    secretary
  16. 2018-11-05
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  17. 2018-11-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2018-03-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2002-08-05
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  20. 2002-08-05
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  21. 2002-07-31
    🏢
    Company incorporated
    As ABBEY ELECTRICAL (CUMBRIA) LIMITED
  22. 2002-07-31
    GASGARTH, Alexander Neill appointed
    director
  23. 2002-07-31
    GASGARTH, Carol Margaret appointed
    secretary
  24. 2002-07-31
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  25. 2002-07-31
    FORM 10 DIRECTORS FD LTD appointed
    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 24 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 24 years. Very long tenure is a classic succession signal.
  • 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

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alexander Neill Gasgarth
Individual · British · DOB 04/1973 · age 53
75100%
75-100% shares31/07/2016

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
Incorporated2002-07-31
Jurisdictionengland-wales
Primary SIC33140 — SIC 33140

Registered office

11 Cross Grove
Wigton
Cumbria
CA7 9DQ

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-08-14
Last: 2025-07-31

Officers (2 active · 3 resigned)

GASGARTH, Kim
secretary · appointed 2018-11-05
View their other companies + combined net worth →
Active
GASGARTH, Alexander Neill
director · ~53y · appointed 2002-07-31
View their other companies + combined net worth →
Active
GASGARTH, Carol Margaret
secretary · appointed 2002-07-31 · resigned 2018-11-05
Resigned
FORM 10 SECRETARIES FD LTD
corporate-nominee-secretary · appointed 2002-07-31 · resigned 2002-08-05
Resigned
FORM 10 DIRECTORS FD LTD
corporate-nominee-director · appointed 2002-07-31 · resigned 2002-08-05
Resigned

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

Recent filings (61 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-28
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-23
capital-alter-shares-subdivision
capital · SH02
2026-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-05
capital-name-of-class-of-shares
capital · SH08
2025-04-03
resolution
resolution · RESOLUTIONS
2025-04-03
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-02