AB ELECTRICAL SERVICES (HULL) LIMITED

🌳Matureactive
04723629 · ltd · incorporated 2003-04-04
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
year to Apr 2025
Net worth
£469.0k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Special-situation opportunity
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 76/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 22.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 22.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

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, 1 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
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £469,028
Cash YoY
-17%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£321k
↓ 17% YoY
Net Worth
£469k
↑ 3.3% YoY
Current Assets
£575k
↓ 11% YoY
Current Liabilities
£0£129k£259k£388k£518k£647kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£490.0k£474.5k
Current assets£575.1k£647.1k
Cash£320.9k£385.9k
Debtors£253.3k£260.3k
Net assets£469.0k£454.1k

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 capital
Last 180 days
3
filings
  • 1 capital
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-03-11
    📄
    capital-cancellation-shares
    capital · SH06
  2. 2026-01-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-01-20
    LADLEY, Shaun Antony resigned
    director
  4. 2026-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-08-07
    📄
    memorandum-articles
    incorporation · MA
  7. 2024-08-07
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2024-08-07
    📄
    capital-name-of-class-of-shares
    capital · SH08
  9. 2024-08-07
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  10. 2024-08-07
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  11. 2024-08-07
    ⚠️
    legacy
    insolvency · CAP-SS
  12. 2024-08-07
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2024-05-01
    SMITH, James William appointed
    director
  14. 2024-05-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2024-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2023-03-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2023-03-13
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  18. 2023-03-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2023-03-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2023-03-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2023-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2022-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2018-11-01
    LADLEY, Shaun Antony appointed
    director
  24. 2013-01-09
    DUFFEY, Christopher Howard resigned
    director
  25. 2007-04-13
    DUFFEY, Christopher Howard appointed
    director
  26. 2004-04-28
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  27. 2003-04-04
    🏢
    Company incorporated
    As AB ELECTRICAL SERVICES (HULL) LIMITED
  28. 2003-04-04
    SMITH, Andrea appointed
    secretary
  29. 2003-04-04
    SMITH, Andrew Michael appointed
    director
  30. 2003-04-04
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  31. 2003-04-04
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  32. 2003-04-04
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  33. 2003-04-04
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

84/100
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 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

26/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — SMITH, James William (same surname) appointed 2024-05-01. Pattern consistent with intra-family handover.
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-08-07: legacy

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Andrew Michael Smith
Individual · British · DOB 04/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting24/04/2016
Mrs Andrea Smith
Individual · British · DOB 09/1971 · age 55
2550%
25–50%25-50% shares · 25-50% voting24/04/2016

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

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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
Incorporated2003-04-04
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

Unit 2b Station Mills
Station Road
Cottingham
East Yorkshire
HU16 4LL

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-23
Last: 2025-08-09

Officers (3 active · 4 resigned)

SMITH, Andrea
secretary · appointed 2003-04-04
View their other companies + combined net worth →
Active
SMITH, Andrew Michael
director · ~58y · appointed 2003-04-04
View their other companies + combined net worth →
Active
SMITH, James William
director · ~29y · appointed 2024-05-01
View their other companies + combined net worth →
Active
TEMPLE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2003-04-04 · resigned 2003-04-04
Resigned
DUFFEY, Christopher Howard
director · ~61y · appointed 2007-04-13 · resigned 2013-01-09
Resigned
LADLEY, Shaun Antony
director · ~41y · appointed 2018-11-01 · resigned 2026-01-20
Resigned
COMPANY DIRECTORS LIMITED
corporate-nominee-director · appointed 2003-04-04 · resigned 2003-04-04
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property28/04/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

capital-cancellation-shares
capital · SH06
2026-03-11
termination-director-company-with-name-termination-date
officers · TM01
2026-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-09
memorandum-articles
incorporation · MA
2024-08-07
resolution
resolution · RESOLUTIONS
2024-08-07
capital-name-of-class-of-shares
capital · SH08
2024-08-07
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-08-07
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-08-07
legacy
insolvency · CAP-SS
2024-08-07
resolution
resolution · RESOLUTIONS
2024-08-07
appoint-person-director-company-with-name-date
officers · AP01
2024-05-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-01