ABSOLUTE TECHNOLOGY UK LIMITED
💤Zombieactive
05582191 · ltd · incorporated 2005-10-04
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 Mar 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (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: strategic trade sale (65/100).
🏦
Refinance opportunity
1 live charge · oldest 6.6y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.6 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, 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 (1 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | — | £294.3k |
| Current assets | — | £377.8k |
| Net assets | — | £294.3k |
| Average employees | 1200 | — |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-06-11🔓Charge satisfied #1
- 2019-11-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-10-16🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2019-09-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-12-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-11-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-11-01➖HOUGHTON, Mervyn resigneddirector
- 2012-10-06➖HOUGHTON, Joan resignedsecretary
- 2007-07-31➖ARMSTRONG, David resigneddirector
- 2005-11-24➕ARMSTRONG, David appointeddirector
- 2005-11-11➕GREENING, Martin John Britt appointeddirector
- 2005-11-11➕HOUGHTON, Joan appointedsecretary
- 2005-11-11➖PEMEX SERVICES LIMITED resignedcorporate-secretary
- 2005-11-11➕HOUGHTON, Mervyn appointeddirector
- 2005-11-11➖AMERSHAM SERVICES LIMITED resignedcorporate-nominee-director
- 2005-11-11➖PEMEX SERVICES LIMITED resignedcorporate-director
- 2005-10-04🏢Company incorporatedAs ABSOLUTE TECHNOLOGY UK LIMITED
- 2005-10-04➕PEMEX SERVICES LIMITED appointedcorporate-secretary
- 2005-10-04➕AMERSHAM SERVICES LIMITED appointedcorporate-nominee-director
- 2005-10-04➕PEMEX SERVICES LIMITED appointedcorporate-director
Owner dependency
85/100
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.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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 Martin John Britt Greening Individual · British · DOB 04/1974 · age 52 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 26/09/2016 |
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 · Technology · SO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ABOVE BAR CYBER LIMITED→ 11457377 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABSARIQ LTD→ 16651325 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABSTRACT PUBLICATIONS LIMITED→ 16426471 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACA INTERACTIVE SOLUTIONS LIMITED→ 08926779 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ACCA SYSTEMS LIMITED→ 03096663 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| ACCELLEO LTD→ 14981751 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACCESSADVISR LIMITED→ 08123577 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ACCESSCENTRAL LIMITED→ 06771136 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ACCIO RESEARCH LIMITED→ 14540013 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACCORD COMMUNITY EVENTS LIMITED→ 12114230 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACE- EDUQUAL LTD→ 16035705 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACME STUNTS INC LTD→ 11512194 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2005-10-04
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities
Registered office
1st Floor, Unit 2ca Deer Park Farm Industrial Estate
Knowle Lane
Fair Oak
Hampshire
SO50 7DZ
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-10
Last: 2025-09-26
Officers (1 active · 6 resigned)
GREENING, Martin John Britt→
Activedirector · ~52y · appointed 2005-11-11
View their other companies + combined net worth →
HOUGHTON, Joan→
Resignedsecretary · appointed 2005-11-11 · resigned 2012-10-06
PEMEX SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2005-10-04 · resigned 2005-11-11
ARMSTRONG, David→
Resigneddirector · ~72y · appointed 2005-11-24 · resigned 2007-07-31
HOUGHTON, Mervyn→
Resigneddirector · ~83y · appointed 2005-11-11 · resigned 2013-11-01
AMERSHAM SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2005-10-04 · resigned 2005-11-11
PEMEX SERVICES LIMITED→
Resignedcorporate-director · appointed 2005-10-04 · resigned 2005-11-11
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 | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 16/10/2019 | 11/06/2020 |
Recent filings (70 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-16
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-30
mortgage-satisfy-charge-full
mortgage · MR04
2020-06-11
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-12