ABINGDON AIR CONDITIONING SERVICES LIMITED
Opportunity 75/100 (strong), bankability 75/100. 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: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (76/100)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
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | — | £51.7k |
| Current assets | — | £48.6k |
| Cash | — | £23.5k |
| Debtors | — | £19.1k |
| Net assets | — | £39.4k |
| Average employees | 100 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 2 gazette
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (23 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-03-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-02-24📄gazette-notice-compulsorygazette · GAZ1
- 2025-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-02-04📄gazette-notice-compulsorygazette · GAZ1
- 2024-02-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-02-06📄gazette-notice-compulsorygazette · GAZ1
- 2023-11-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-13📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-06-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-06📄gazette-notice-compulsorygazette · GAZ1
- 2022-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-03📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-05-31📄gazette-notice-compulsorygazette · GAZ1
- 2021-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-02-04📄gazette-notice-compulsorygazette · GAZ1
- 2018-03-19➖CORDING, Robert Roy resignedsecretary
- 2005-11-14🏢Company incorporatedAs ABINGDON AIR CONDITIONING SERVICES LIMITED
- 2005-11-14➕CORDING, Craig Robert appointeddirector
- 2005-11-14➕CORDING, Robert Roy appointedsecretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Craig Robert Cording Individual · British · DOB 12/1974 · age 52 | 75–100% | — | 75-100% shares | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (1 active · 1 resigned)
Click a director name to see their full track record across all companies.