ABS SOUTH EASTERN LIMITED
💤Zombieactive
04717778 · ltd · incorporated 2003-04-01
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
£11.9k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 42210
Sector: Construction
ALSO REGISTERED FOR
- 43210Electrical installation
- 43220Plumbing, heat and air-conditioning installation
- 43390Other building completion and finishing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 85/100. 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 21.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 5 with DOB)
78
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £11,929
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£12k
~ YoY
Current Assets
£707k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £25.1k | £25.1k |
| Current assets | £707.1k | £707.1k |
| Net assets | £11.9k | £11.9k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
- 2025-07-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-11📄change-person-director-company-with-change-dateofficers · CH01
- 2023-02-15📄change-person-director-company-with-change-dateofficers · CH01
- 2023-02-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-01-04📄change-person-director-company-with-change-dateofficers · CH01
- 2021-01-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-24📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2014-11-01➕BASSOM, Claire Louise appointedsecretary
- 2014-11-01➕BASSOM, Darren William appointeddirector
- 2014-10-31➖BASSOM, Carly Marie resignedsecretary
- 2014-10-31➖BASSOM, Joseph Anthony resigneddirector
- 2012-10-31➕BASSOM, Carly Marie appointedsecretary
- 2012-10-31➖BASSOM, Claire resignedsecretary
- 2012-10-31➖BASSOM, Darren William resigneddirector
- 2012-10-31➕BASSOM, Joseph Anthony appointeddirector
- 2011-05-21🔓Charge satisfied #1
- 2005-06-27🔒Charge registered #1Lender: Lisburne Estates Limited
- 2003-06-08➕BASSOM, Darren William appointeddirector
- 2003-06-07➖BASSOM, Jean Sylvia resigneddirector
- 2003-06-06➕BASSOM, Claire appointedsecretary
- 2003-06-05➖WARRINGTON, Paula Ann resignedsecretary
- 2003-06-04➕WARRINGTON, Paula Ann appointedsecretary
- 2003-06-03➖BASSOM, Claire resignedsecretary
- 2003-06-02➕BASSOM, Claire appointedsecretary
- 2003-06-01➖ROBERTS, Claire Louise resignedsecretary
- 2003-04-01🏢Company incorporatedAs ABS SOUTH EASTERN LIMITED
- 2003-04-01➕GRAEME, Dorothy May appointednominee-secretary
- 2003-04-01➖GRAEME, Dorothy May resignednominee-secretary
- 2003-04-01➕ROBERTS, Claire Louise appointedsecretary
- 2003-04-01➕BASSOM, Jean Sylvia appointeddirector
- 2003-04-01➕GRAEME, Lesley Joyce appointednominee-director
- 2003-04-01➖GRAEME, Lesley Joyce resignednominee-director
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 23 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Darren William Bassom Individual · British · DOB 04/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/04/2024 |
2 historic (ceased) PSCs
- Southern Estates Holdings Limitedceased 01/04/2024· 75-100% shares · 75-100% voting · board control
- Mr Joseph Anthony Bassomceased 21/02/2020· 75-100% shares
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 · Construction · ME postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A CLASS ROOFING SERVICES LTD→ 16450961 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A. CAMPBELL CONSTRUCTION LIMITED→ 01944260 · est 1985 · no financials extracted | — | — | — | — | 40y | — | — |
| A&C DELIGHTFUL HOMES LTD→ 12721332 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AB TEAMWORK CONSTRUCTION LIMITED→ 10224310 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ABE INSTALLS LTD→ 15927956 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABLE CABLE ELECTRICIANS LTD→ 10340104 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ABLUTION SOLUTIONS LIMITED→ 09903322 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABODE 24 LTD→ 13886107 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ABODE HEATING SERVICES LTD→ 13469816 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABR DAWSON PROPERTIES LTD→ 11803174 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ABS SCAFFOLDING LTD→ 16378114 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABSOLUTE PROPERTY CARE LIMITED→ 14750787 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2003-04-01
Jurisdictionengland-wales
Primary SIC42210 — SIC 42210
Registered office
Maidstone Studios Vinters Business Park
New Cut Road
Maidstone
Kent
ME14 5NZ
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-04
Last: 2026-03-21
Officers (2 active · 10 resigned)
BASSOM, Claire Louise→
Activesecretary · appointed 2014-11-01
View their other companies + combined net worth →
BASSOM, Darren William→
Activedirector · ~59y · appointed 2014-11-01
View their other companies + combined net worth →
BASSOM, Carly Marie→
Resignedsecretary · appointed 2012-10-31 · resigned 2014-10-31
BASSOM, Claire→
Resignedsecretary · appointed 2003-06-06 · resigned 2012-10-31
BASSOM, Claire→
Resignedsecretary · appointed 2003-06-02 · resigned 2003-06-03
GRAEME, Dorothy May→
Resignednominee-secretary · appointed 2003-04-01 · resigned 2003-04-01
ROBERTS, Claire Louise→
Resignedsecretary · appointed 2003-04-01 · resigned 2003-06-01
WARRINGTON, Paula Ann→
Resignedsecretary · appointed 2003-06-04 · resigned 2003-06-05
BASSOM, Darren William→
Resigneddirector · ~59y · appointed 2003-06-08 · resigned 2012-10-31
BASSOM, Jean Sylvia→
Resigneddirector · ~80y · appointed 2003-04-01 · resigned 2003-06-07
BASSOM, Joseph Anthony→
Resigneddirector · ~34y · appointed 2012-10-31 · resigned 2014-10-31
GRAEME, Lesley Joyce→
Resignednominee-director · ~73y · appointed 2003-04-01 · resigned 2003-04-01
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lisburne Estates Lisburne Estates Limited | Rent deposit deed | 1 property | 27/06/2005 | 21/05/2011 |
Recent filings (107 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-02
change-person-director-company-with-change-date
officers · CH01
2023-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-04
change-person-director-company-with-change-date
officers · CH01
2023-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-01