ABSOLUTE K LIMITED
🌳Matureactive
05650603 · ltd · incorporated 2005-12-09
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 10.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£299.4k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
1 live charge · oldest 10.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 10.2 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, 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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
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 £299,367
Key financials
2 years extracted from filed iXBRL accountsCash
£146k
Net Worth
£299k
Current Assets
£184k
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 | £316.1k | — |
| Current assets | £183.5k | — |
| Cash | £146.2k | — |
| Debtors | £18.8k | — |
| Net assets | £299.4k | — |
| Average employees | — | 300 |
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 (24 events)Click to expand
- 2025-09-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-09-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-09-08📄change-person-director-company-with-change-dateofficers · CH01
- 2020-09-08📄change-person-director-company-with-change-dateofficers · CH01
- 2020-09-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-04-11🔒Charge registered #1Lender: National Westminster Bank PLC
- 2005-12-09🏢Company incorporatedAs ABSOLUTE K LIMITED
- 2005-12-09➕WHALLEY, Paul Ian appointedsecretary
- 2005-12-09➕PATEL, Jayesh appointeddirector
- 2005-12-09➕WHALLEY, Paul Ian appointeddirector
- 2005-12-09➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2005-12-09➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2005-12-09➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2005-12-09➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
68/100
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 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jayesh Patel Individual · British · DOB 07/1985 · age 41 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 22/09/2021 |
Mr Paul Ian Whalley Individual · British · DOB 08/1977 · age 49 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/11/2016 |
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 · Construction · BL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST CHOICE DRY RISERS LTD→ 16785796 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 247 BUILDING SERVICES (NW) LIMITED→ 13352767 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AAK FLOORING LIMITED→ 10020855 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AB JOINERY AND MAINTENANCE LTD→ 15020887 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AB PRIME LTD→ 13357043 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABDUL HOME RENOVATE LIMITED→ 15705690 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABERSOCH DEVELOPMENT LIMITED→ 13509493 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABI ALUMINIUM LIMITED→ 08935877 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ABRAHAMS HILL PROPERTIES LIMITED→ 16933198 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABSK BUILDINGS LTD→ 16456775 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABSOLUTE FINISHES NW LTD→ 16603781 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABSOLUTE UTILITY PROVIDER LTD→ 13470936 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2005-12-09
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
96 Chorley New Road
Bolton
Greater Manchester
BL1 4DH
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-22
Last: 2025-11-08
Officers (3 active · 2 resigned)
Active
PATEL, Jayesh→
Activedirector · ~41y · appointed 2005-12-09
View their other companies + combined net worth →
WHALLEY, Paul Ian→
Activedirector · ~49y · appointed 2005-12-09
View their other companies + combined net worth →
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2005-12-09 · resigned 2005-12-09
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2005-12-09 · resigned 2005-12-09
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 11/04/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (64 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-09-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-07