ABLESIDE LIMITED

🌳Matureactive
05890178 · ltd · incorporated 2006-07-28
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£-443.3k
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

9 live charges · 8 lenders · oldest 19.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 19.2 years old — likely at or near maturity.
  • · 8 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 4 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
26 connected companies via shared directors
90
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £443,264

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£443k
↓ 9.9% YoY
Current Assets
£2.9m
↑ 2.5% YoY
Current Liabilities
—
-£443k£227k£896k£1.6m£2.2m£2.9mApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£2.90M£-403.2k
Current assets£2.91M£2.84M
Debtors£1.62M£1.55M
Net assets£-443.3k£-403.2k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 address
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2026-02-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-01-29
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  3. 2025-01-29
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  4. 2024-01-26
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  5. 2023-01-26
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  6. 2022-04-28
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  7. 2022-01-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2021-04-30
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  9. 2020-08-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2020-07-31
    🔒
    Charge registered #9
    Lender: Hsbc UK Bank PLC (As Security Agent)
  11. 2020-02-19
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  12. 2019-01-31
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  13. 2018-01-31
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  14. 2017-02-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2016-12-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2016-12-21
    ➕
    RUST, Jonathan Simon David Anthony appointed
    director
  17. 2016-10-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2016-09-22
    ➖
    SAVAGE, Louise Charlotte resigned
    director
  19. 2015-10-29
    🔓
    Charge satisfied #6
  20. 2015-10-20
    🔒
    Charge registered #8
    Lender: Hsbc Bank PLC as Security Agent
  21. 2015-10-20
    🔒
    Charge registered #7
    Lender: Hsbc Bank PLC
  22. 2015-10-17
    🔓
    Charge satisfied #4
  23. 2015-10-17
    🔓
    Charge satisfied #3
  24. 2011-10-07
    🔓
    Charge satisfied #5
  25. 2011-09-08
    ➕
    SAVAGE, Louise Charlotte appointed
    director
  26. 2011-04-01
    🔒
    Charge registered #6
    Lender: Hsbc Private Bank (UK) Limited
  27. 2010-05-10
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC (In Its Capacity as Security Agent for the Beneficiaries)
  28. 2010-05-07
    ➕
    PALOS, Brett Alexander appointed
    director
  29. 2009-03-02
    ➕
    RUST, Jonathan Simon David Anthony appointed
    secretary
  30. 2009-02-27
    ➖
    VINER, Paul Lewis resigned
    secretary
  31. 2008-01-31
    ➖
    RAYMOND, Louise Charlotte resigned
    secretary
  32. 2007-09-26
    🔓
    Charge satisfied #2
  33. 2007-09-26
    🔓
    Charge satisfied #1
  34. 2007-09-13
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland (The Security Agent)
  35. 2007-09-13
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland as Security Agent for the Securitybeneficiaries (The Security Agent)
  36. 2007-09-10
    ➕
    RAYMOND, Louise Charlotte appointed
    secretary
  37. 2007-04-13
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  38. 2007-04-13
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  39. 2007-04-10
    ➖
    GREVILLE, Helen Mary resigned
    secretary
  40. 2007-04-10
    ➕
    VINER, Paul Lewis appointed
    secretary
  41. 2006-07-28
    🏢
    Company incorporated
    As ABLESIDE LIMITED
  42. 2006-07-28
    ➕
    RITCHIE, Bruce Weir appointed
    director
  43. 2006-07-28
    ➕
    GREVILLE, Helen Mary appointed
    secretary
  44. 2006-07-28
    ➕
    VINER, Paul appointed
    secretary
  45. 2006-07-28
    ➖
    VINER, Paul resigned
    secretary
  46. 2006-07-28
    ➕
    SECRETARIAL APPOINTMENTS LIMITED appointed
    corporate-nominee-secretary
  47. 2006-07-28
    ➖
    SECRETARIAL APPOINTMENTS LIMITED resigned
    corporate-nominee-secretary
  48. 2006-07-28
    ➕
    CORPORATE APPOINTMENTS LIMITED appointed
    corporate-nominee-director
  49. 2006-07-28
    ➖
    CORPORATE APPOINTMENTS LIMITED resigned
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Prime London Residential Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Prime London Residential Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ABLESIDE LIMITED
This company · 05890178

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%
NameSharesVoting rightsNature of controlNotified
Prime London Residential Limited
Corporate entity
75–100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence06/04/2016

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 →

Similar companies

Active · Construction · IG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A CABLING LTD→
16191100 · est 2025 · no financials extracted
————1y——
A CAISIN LIMITED→
10295459 · est 2016 · no financials extracted
————9y——
AAAV UK LTD→
12994246 · est 2020 · no financials extracted
————5y——
AAR ASSURED INVESTMANT LIMITED→
15750804 · est 2024 · no financials extracted
————1y——
ABACUS INVESTMENTS (U.K) LTD→
10481300 · est 2016 · no financials extracted
————9y——
ABBOTRANGE LIMITED→
03130860 · est 1995 · no financials extracted
————30y——
ABC CONCEPT LTD→
14373495 · est 2022 · no financials extracted
————3y——
ABC INSTALLER LIMITED→
15183735 · est 2023 · no financials extracted
————2y——
ABE FLOWTECH LIMITED→
16461274 · est 2025 · no financials extracted
———————
ABHISHEK CONSTRUCTION LTD→
15842152 · est 2024 · no financials extracted
————1y——
ABIB PLUMBING AND BUILDING MANAGEMENT LIMITED→
10782510 · est 2017 · no financials extracted
————8y——
ABOU ZOLOF LIMITED→
15670730 · est 2024 · no financials extracted
————1y——
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
Incorporated2006-07-28
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

19-20 Bourne Court Southend Road
Woodford Green
Essex
IG8 8HD
England

Filing status

Accounts
Next due: 2027-01-29
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-11
Last: 2025-07-28

Officers (4 active · 7 resigned)

RUST, Jonathan Simon David Anthony→
secretary · appointed 2009-03-02
View their other companies + combined net worth →
Active
PALOS, Brett Alexander→
director · ~52y · appointed 2010-05-07
View their other companies + combined net worth →
Active
RITCHIE, Bruce Weir→
director · ~61y · appointed 2006-07-28
View their other companies + combined net worth →
Active
RUST, Jonathan Simon David Anthony→
director · ~53y · appointed 2016-12-21
View their other companies + combined net worth →
Active
GREVILLE, Helen Mary→
secretary · appointed 2006-07-28 · resigned 2007-04-10
Resigned
RAYMOND, Louise Charlotte→
secretary · appointed 2007-09-10 · resigned 2008-01-31
Resigned
VINER, Paul Lewis→
secretary · appointed 2007-04-10 · resigned 2009-02-27
Resigned
VINER, Paul→
secretary · appointed 2006-07-28 · resigned 2006-07-28
Resigned
SECRETARIAL APPOINTMENTS LIMITED→
corporate-nominee-secretary · appointed 2006-07-28 · resigned 2006-07-28
Resigned
SAVAGE, Louise Charlotte→
director · ~44y · appointed 2011-09-08 · resigned 2016-09-22
Resigned
CORPORATE APPOINTMENTS LIMITED→
corporate-nominee-director · appointed 2006-07-28 · resigned 2006-07-28
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

9
Total charges
3
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC (As Security Agent)
A registered charge2 properties31/07/2020—
outstanding
HSBC
Hsbc Bank PLC as Security Agent
A registered charge1 property20/10/2015—
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property20/10/2015—
satisfied
HSBC
Hsbc Private Bank (UK) Limited
Debenture1 property01/04/201129/10/2015
satisfied
Lloyds Banking Group
Bank of Scotland PLC (In Its Capacity as Security Agent for the Beneficiaries)
Debenture1 property10/05/201007/10/2011
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland (The Security Agent)
Accession deed1 property13/09/200717/10/2015
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland as Security Agent for the Securitybeneficiaries (The Security Agent)
Legal charge1 property13/09/200717/10/2015
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property13/04/200726/09/2007
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property13/04/200726/09/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (112 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-18
accounts-with-accounts-type-audited-abridged
accounts · AA
2026-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-05
accounts-with-accounts-type-audited-abridged
accounts · AA
2025-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-29
accounts-with-accounts-type-audited-abridged
accounts · AA
2024-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-02
accounts-with-accounts-type-audited-abridged
accounts · AA
2023-01-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-28
accounts-with-accounts-type-audited-abridged
accounts · AA
2022-04-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-28
accounts-with-accounts-type-audited-abridged
accounts · AA
2021-04-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-28