ABEC PROPERTIES LIMITED

🌳Matureactive
04569498 · ltd · incorporated 2002-10-22
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2026
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 70/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

8 live charges · oldest 22.9y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 22.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
68 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
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
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£0Mar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-03-312025-03-31
Average employees0200

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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-04-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-05-11
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-06-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-12-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-07-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-06-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-06-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-07-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-05-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-04-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2017-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-06-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-10-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-07-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2015-05-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2013-01-16
    🔓
    Charge satisfied #5
  17. 2012-08-23
    🔓
    Charge satisfied #2
  18. 2011-12-21
    🔓
    Charge satisfied #9
  19. 2005-11-17
    🔒
    Charge registered #9
    Lender: The Royal Bank of Scotland PLC
  20. 2005-02-22
    🔒
    Charge registered #8
    Lender: The Royal Bank of Scotland PLC
  21. 2005-02-18
    🔒
    Charge registered #7
    Lender: The Royal Bank of Scotland PLC
  22. 2005-02-09
    🔓
    Charge satisfied #3
  23. 2005-01-06
    🔒
    Charge registered #6
    Lender: The Royal Bank of Scotland PLC
  24. 2004-10-20
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  25. 2004-10-12
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  26. 2004-10-12
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  27. 2003-07-23
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  28. 2002-10-22
    🏢
    Company incorporated
    As ABEC PROPERTIES LIMITED
  29. 2002-10-22
    ➕
    SMITH, Peter appointed
    secretary
  30. 2002-10-22
    ➕
    FARRAGHER, Ian Thomas appointed
    director
  31. 2002-10-22
    ➕
    SMITH, Peter appointed
    director

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

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 Ian Thomas Farragher
Individual · British · DOB 02/1959 · age 67
25–50%
—25-50% shares01/06/2016
Mr Peter Smith
Individual · British · DOB 06/1965 · age 61
25–50%
—25-50% shares01/06/2016

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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11638930 · est 2018 · no financials extracted
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———————
AARON DEVELOPMENTS WARRINGTON LIMITED→
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————20y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2002-10-22
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

3 Waingap View
Rochdale
OL12 8QD
England

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22

Officers (3 active · 0 resigned)

SMITH, Peter→
secretary · appointed 2002-10-22
View their other companies + combined net worth →
Active
FARRAGHER, Ian Thomas→
director · ~67y · appointed 2002-10-22
View their other companies + combined net worth →
Active
SMITH, Peter→
director · ~61y · appointed 2002-10-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

8
Total charges
4
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property17/11/200521/12/2011
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property22/02/2005—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property18/02/2005—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property06/01/2005—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge of licensed premises1 property20/10/200416/01/2013
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property12/10/200409/02/2005
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property12/10/200423/08/2012
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property23/07/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (68 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-29