ABLE2 UK LIMITED
🌳Matureactive
04882353 · ltd · incorporated 2003-08-29
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
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£3.40M
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 26600
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with exceptional profile and acceptable with review structure.
Opportunity 80/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
12 live charges · 5 lenders · oldest 22.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.3 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
114 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
85
Strong succession / seller-readiness signals.
Risk profile
77
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 £3,396,746
Net assets shrinking
Down £134,828 YoY
Cash draining
Cash down 97% YoY
Cash YoY
-97%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£729
↓ 97% YoY
Net Worth
£3.4m
↓ 3.8% YoY
Current Assets
£4.4m
~ 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 | £3.85M | £4.07M |
| Current assets | £4.40M | £4.40M |
| Cash | £729 | £27.0k |
| Debtors | £3.55M | £3.73M |
| Net assets | £3.40M | £3.53M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
- 2025-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-26🔓Charge satisfied #6
- 2025-06-26🔓Charge satisfied #5
- 2024-09-09📄accounts-with-accounts-type-smallaccounts · AA
- 2023-10-26📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-15📄accounts-with-accounts-type-smallaccounts · AA
- 2022-09-09📄accounts-with-accounts-type-smallaccounts · AA
- 2022-02-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-17🔓Charge satisfied #8
- 2021-09-13📄accounts-with-accounts-type-smallaccounts · AA
- 2021-09-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-24🔒Charge registered #12Lender: Hsbc Invoice Finance (UK) LTD
- 2021-08-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-18🔒Charge registered #11Lender: Atom Bank PLC
- 2021-08-18🔒Charge registered #10Lender: Atom Bank PLC
- 2021-08-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-17🔒Charge registered #9Lender: Hsbc UK Bank PLC
- 2020-12-08📄accounts-with-accounts-type-smallaccounts · AA
- 2019-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-05-30🔓Charge satisfied #7
- 2019-05-30🔓Charge satisfied #2
- 2019-05-24📄accounts-with-accounts-type-smallaccounts · AA
- 2017-07-21🔒Charge registered #8Lender: Svenska Handelsbanken Ab (Publ)
- 2008-09-20➖BAXENDALE, David Paul resignedsecretary
- 2008-09-20➖BAXENDALE, David Paul resigneddirector
- 2007-02-16🔓Charge satisfied #4
- 2007-02-16🔓Charge satisfied #3
- 2007-02-16🔓Charge satisfied #1
- 2006-12-13🔒Charge registered #6Lender: Svenska Handelsbanken Ab (Publ)
- 2006-12-13🔒Charge registered #5Lender: Svenska Handelsbanken Ab (Publ)
- 2006-09-28🔒Charge registered #7Lender: Svenska Handelsbanken Ab (Publ)
- 2005-03-03🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2005-03-03🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2004-09-01➕DIAJ, Mark appointeddirector
- 2004-08-31➖LORD, Andrew David resigneddirector
- 2004-08-11➕BAXENDALE, David Paul appointedsecretary
- 2004-08-11➖REED, Imogen resignedsecretary
- 2004-02-24➕LORD, Andrew David appointeddirector
- 2004-02-12🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2004-02-12🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2004-01-07➕REED, Ian Stewart appointeddirector
- 2004-01-07➕REED, Imogen appointedsecretary
- 2004-01-07➕BAXENDALE, David Paul appointeddirector
- 2003-08-29🏢Company incorporatedAs ABLE2 UK LIMITED
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 22 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Adl Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Adl Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
ABLE2 UK LIMITED
This company · 04882353
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Adl Holdings Limited Corporate entity | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 28/08/2016 |
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 →Similar companies
Active · Manufacturing · BB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 CLICK LOG CABINS LIMITED→ 07984465 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 24 PRINT LTD→ 12070885 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 3D PLATES LIMITED→ 15674431 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3D3 LIMITED→ 12728479 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 7 STAR CATERING EQUIPMENT LTD→ 14702231 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A2Z CANOPIES LIMITED→ 14343169 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABBEY PRECISION TOOL COMPANY LIMITED→ 02567897 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| ACADEMY PRINT & DESIGN UK LTD→ 03197046 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ACCENTIA ARTS LIMITED→ 05829483 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ACCRINGTON GRINDING COMPANY LIMITED→ 04016854 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ACCUMORE MOBILITY LIMITED→ 13039356 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACE CASE LIMITED→ 01191420 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
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
Incorporated2003-08-29
Jurisdictionengland-wales
Primary SIC26600 — SIC 26600
Registered office
Bridge Mill
Moorgate Street
Blackburn
Lancashire
BB2 4PB
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29
Officers (2 active · 4 resigned)
Active
REED, Ian Stewart→
Activedirector · ~59y · appointed 2004-01-07
View their other companies + combined net worth →
BAXENDALE, David Paul→
Resignedsecretary · appointed 2004-08-11 · resigned 2008-09-20
REED, Imogen→
Resignedsecretary · appointed 2004-01-07 · resigned 2004-08-11
BAXENDALE, David Paul→
Resigneddirector · ~61y · appointed 2004-01-07 · resigned 2008-09-20
LORD, Andrew David→
Resigneddirector · ~59y · appointed 2004-02-24 · resigned 2004-08-31
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
4
Outstanding
2
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 24/08/2021 | — | |
| outstanding | Atom Bank Atom Bank PLC | A registered charge | 1 property | 18/08/2021 | — | |
| outstanding | Atom Bank Atom Bank PLC | A registered charge | 2 properties | 18/08/2021 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 17/08/2021 | — | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | — | 21/07/2017 | 17/02/2022 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Debenture | 1 property | 13/12/2006 | 26/06/2025 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Legal mortgage | 1 property | 13/12/2006 | 26/06/2025 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A standard security which was presented for registration in scotland on the 19/12/2006 and | 1 property | 28/09/2006 | 30/05/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A standard security which was presented for registration in scotland on the 25 july 2005 and | 1 property | 03/03/2005 | 16/02/2007 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security which was presented for registration in scotland on 25 july 2005 and | 1 property | 03/03/2005 | 16/02/2007 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 12/02/2004 | 30/05/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 12/02/2004 | 16/02/2007 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (114 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-26
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
accounts-with-accounts-type-small
accounts · AA
2024-09-09
change-person-director-company-with-change-date
officers · CH01
2023-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-25
accounts-with-accounts-type-small
accounts · AA
2023-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-27
accounts-with-accounts-type-small
accounts · AA
2022-09-09
mortgage-satisfy-charge-full
mortgage · MR04
2022-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-29
accounts-with-accounts-type-small
accounts · AA
2021-09-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-09-02