ABS PRECISION LIMITED
Opportunity 74/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
5 live charges · 4 lenders · oldest 21.8y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 21.8 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|---|
| Average employees | 4400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
- • 1 confirmation-statement
- • 2 mortgage
- • 1 confirmation-statement
- • 2 mortgage
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (41 events)Click to expand
- 2026-04-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-30🔒Charge registered #5Lender: Arbuthnot Commercial Asset Based Lending Limited
- 2026-03-30🔒Charge registered #4Lender: Ortus Secured Finance I Limited (As Security Trustee for the Secured Parties)
- 2026-01-05📄accounts-with-accounts-type-smallaccounts · AA
- 2024-12-31📄accounts-with-accounts-type-smallaccounts · AA
- 2024-09-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-06➖HUTCHINSON, Michael James resigneddirector
- 2024-01-08📄accounts-with-accounts-type-smallaccounts · AA
- 2023-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-13📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-07-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-07-18📄resolutionresolution · RESOLUTIONS
- 2022-07-18📄memorandum-articlesincorporation · MA
- 2022-07-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-01➕AINSLEY, Christopher appointeddirector
- 2022-07-01➕SOUTHWOOD, Christopher Paul appointeddirector
- 2022-07-01➖ATHERTON, Maurice resignedsecretary
- 2022-07-01➖ATHERTON, Maurice resigneddirector
- 2022-07-01➖BROOKS, Brian resigneddirector
- 2022-07-01➕HUTCHINSON, Michael James appointeddirector
- 2022-07-01➖STOTT, David resigneddirector
- 2022-07-01🔒Charge registered #3Lender: Arbuthnot Commercial Asset Based Lending Limited
- 2012-11-29🔓Charge satisfied #2
- 2012-11-29🔓Charge satisfied #1
- 2004-09-08🔒Charge registered #2Lender: Chip (One) Limited
- 2004-07-29🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2004-07-21➕STOTT, David appointeddirector
- 2004-05-17🏢Company incorporatedAs ABS PRECISION LIMITED
- 2004-05-17➕ATHERTON, Maurice appointedsecretary
- 2004-05-17➕ATHERTON, Maurice appointeddirector
- 2004-05-17➕BROOKS, Brian appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanGroup structure
Ntg Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Ntg Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/07/2022 |
3 historic (ceased) PSCs
- Mr Maurice Athertonceased 01/07/2022· 25-50% shares · 25-50% voting
- Mr David Stottceased 01/07/2022· 25-50% shares · 25-50% voting
- Mr Brian Brooksceased 01/07/2022· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| 1V1 LONDON LTD→ 17081675 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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| ABACUS DESIGN AND FABRICATION LIMITED→ 04598025 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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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 →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
Registered office
Filing status
Officers (2 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Arbuthnot Commercial Asset Based Lending Arbuthnot Commercial Asset Based Lending Limited | A registered charge | 1 property | 30/03/2026 | — | |
| outstanding | Ortus Secured Finance I (As Security Trustee for the Secured Parties) Ortus Secured Finance I Limited (As Security Trustee for the Secured Parties) | A registered charge | — | 30/03/2026 | — | |
| outstanding | Arbuthnot Commercial Asset Based Lending Arbuthnot Commercial Asset Based Lending Limited | A registered charge | 2 properties | 01/07/2022 | — | |
| satisfied | Chip (One) Chip (One) Limited | Counterpart rent deposit | 1 property | 08/09/2004 | 29/11/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 29/07/2004 | 29/11/2012 |