ABACUS PROPERTY MAINTENANCE LTD

💤Zombieactive
04577808 · ltd · incorporated 2002-10-30
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£125.4k
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: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). 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 (73/100).

Data confidence

Overall: medium (76/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (1 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
63 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £125,360

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£125k
↑ 17% YoY
Current Assets
£168k
↓ 4.7% YoY
Current Liabilities
—
£0£35k£70k£106k£141k£176kDec 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£127.5k£109.9k
Current assets£168.0k£176.2k
Net assets£125.4k£106.7k

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

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 (29 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-07-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-03-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-04-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-03-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-11-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-02-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2014-11-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2013-12-30
    ➖
    KING, Nathan Paul resigned
    secretary
  16. 2013-12-30
    ➖
    KING, Nathan Paul resigned
    director
  17. 2013-12-30
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  18. 2008-03-08
    ➖
    KING, Helen Louise resigned
    secretary
  19. 2008-03-08
    ➕
    KING, Nathan Paul appointed
    secretary
  20. 2008-03-08
    ➖
    KING, Helen Louise resigned
    director
  21. 2008-03-08
    ➕
    KING, Nathan Paul appointed
    director
  22. 2002-10-31
    ➖
    BRIGHTON SECRETARY LTD resigned
    corporate-nominee-secretary
  23. 2002-10-31
    ➖
    BRIGHTON DIRECTOR LTD resigned
    corporate-nominee-director
  24. 2002-10-30
    🏢
    Company incorporated
    As ABACUS PROPERTY MAINTENANCE LTD
  25. 2002-10-30
    ➕
    KING, Paul appointed
    director
  26. 2002-10-30
    ➕
    KING, Helen Louise appointed
    secretary
  27. 2002-10-30
    ➕
    BRIGHTON SECRETARY LTD appointed
    corporate-nominee-secretary
  28. 2002-10-30
    ➕
    KING, Helen Louise appointed
    director
  29. 2002-10-30
    ➕
    BRIGHTON DIRECTOR LTD appointed
    corporate-nominee-director

Owner dependency

100/100
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.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

95/100
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.
  • 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 Paul King
Individual · British · DOB 01/1959 · age 67
75–100%
—75-100% shares30/10/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · BN postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
52-58 MIDDLE STREET BRIGHTON LIMITED→
12818346 · est 2020 · no financials extracted
————5y——
64 CHURCH ROAD LIMITED→
06661486 · est 2008 · no financials extracted
————17y——
99 PRESTON DROVE LTD→
11282917 · est 2018 · no financials extracted
————8y——
A AND H ELECTRICAL SOLUTIONS LIMITED→
07330964 · est 2010 · no financials extracted
————15y——
A.A.C. (SOUTHERN) LTD→
04127082 · est 2000 · no financials extracted
————25y——
A.C.A. SCAFFOLDING LIMITED→
03576387 · est 1998 · no financials extracted
————27y——
A&B INTERIORS LIMITED→
09535135 · est 2015 · no financials extracted
————11y——
AAAB PROPERTY DEVELOPMENTS LTD→
15050981 · est 2023 · no financials extracted
————2y——
AB ELECTRICIAN LTD→
09848423 · est 2015 · no financials extracted
————10y——
AB INITIO PROJECT MANAGEMENT LIMITED→
07315660 · est 2010 · no financials extracted
————15y——
AB SMART UNION ADVISERS LTD→
12322476 · est 2019 · no financials extracted
————6y——
ABBEY LANDSCAPE (NORFOLK) LIMITED→
10999768 · est 2017 · no financials extracted
————8y——
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
Incorporated2002-10-30
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

9 Kirby Drive
Telscombe Cliffs
Peacehaven
East Sussex
BN10 7DY

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-13
Last: 2025-10-30

Officers (1 active · 6 resigned)

KING, Paul→
director · ~67y · appointed 2002-10-30
View their other companies + combined net worth →
Active
KING, Helen Louise→
secretary · appointed 2002-10-30 · resigned 2008-03-08
Resigned
KING, Nathan Paul→
secretary · appointed 2008-03-08 · resigned 2013-12-30
Resigned
BRIGHTON SECRETARY LTD→
corporate-nominee-secretary · appointed 2002-10-30 · resigned 2002-10-31
Resigned
KING, Helen Louise→
director · ~65y · appointed 2002-10-30 · resigned 2008-03-08
Resigned
KING, Nathan Paul→
director · ~39y · appointed 2008-03-08 · resigned 2013-12-30
Resigned
BRIGHTON DIRECTOR LTD→
corporate-nominee-director · appointed 2002-10-30 · resigned 2002-10-31
Resigned

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

Recent filings (63 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-25
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-01