ABEL LETTING & PROPERTY MANAGEMENT LTD

🌳Matureactive
05610501 · ltd · incorporated 2005-11-02
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 13.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2026
Net worth
£145.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 55900Other accommodation
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 13.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 13.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 declared
Positive net assets
Net assets £145,808
Cash YoY
+13%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£22k
↑ 13% YoY
Net Worth
£146k
↑ 14% YoY
Current Assets
£27k
↑ 17% YoY
Current Liabilities
—
£0£29k£58k£87k£117k£146kMar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-03-312025-03-31
Total assets£193.8k£184.1k
Current assets£27.0k£23.1k
Cash£21.6k£19.1k
Debtors£3.9k£2.5k
Net assets£145.8k£128.3k

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-06-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-07-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-09-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2024-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2023-09-01
    ➖
    DUPLESSIS, Shanell resigned
    secretary
  7. 2023-01-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-09-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-09-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-11-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-10-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-12-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2013-02-15
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  18. 2005-11-02
    🏢
    Company incorporated
    As ABEL LETTING & PROPERTY MANAGEMENT LTD
  19. 2005-11-02
    ➕
    MAYDAY, Michael Joseph appointed
    director
  20. 2005-11-02
    ➕
    MCVAY, Joseph appointed
    director
  21. 2005-11-02
    ➕
    BHARDWAJ, Ashok appointed
    nominee-secretary
  22. 2005-11-02
    ➖
    BHARDWAJ, Ashok resigned
    nominee-secretary
  23. 2005-11-02
    ➕
    DUPLESSIS, Shanell appointed
    secretary
  24. 2005-11-02
    ➕
    BHARDWAJ CORPORATE SERVICES LIMITED appointed
    corporate-nominee-director
  25. 2005-11-02
    ➖
    BHARDWAJ CORPORATE SERVICES LIMITED resigned
    corporate-nominee-director

Owner dependency

83/100
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 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Joseph Mcvay
Individual · English · DOB 04/1952 · age 74
50–75%
—50-75% shares15/04/2016

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 →

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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
Incorporated2005-11-02
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

21 St Catherines Road
Hayling Island
Hampshire
PO11 0HF

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14

Officers (2 active · 3 resigned)

MAYDAY, Michael Joseph→
director · ~51y · appointed 2005-11-02
View their other companies + combined net worth →
Active
MCVAY, Joseph→
director · ~74y · appointed 2005-11-02
View their other companies + combined net worth →
Active
BHARDWAJ, Ashok→
nominee-secretary · appointed 2005-11-02 · resigned 2005-11-02
Resigned
DUPLESSIS, Shanell→
secretary · appointed 2005-11-02 · resigned 2023-09-01
Resigned
BHARDWAJ CORPORATE SERVICES LIMITED→
corporate-nominee-director · appointed 2005-11-02 · resigned 2005-11-02
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
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property15/02/2013—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (54 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-12
termination-secretary-company-with-name-termination-date
officers · TM02
2023-09-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-15