ABLE PIPEWORK SERVICES LIMITED
💤Zombieactive
05936398 · ltd · incorporated 2006-09-15
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
£43.5k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). 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 (73/100).
Data confidence
Overall: medium (76/100)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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £43,529
Net assets shrinking
Down £1,364 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£44k
↓ 3.0% YoY
Current Assets
£51k
↑ 2.8% YoY
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 | £44.2k | £45.5k |
| Current assets | £51.2k | £49.8k |
| Net assets | £43.5k | £44.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (20 events)Click to expand
- 2025-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-10-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-02-28➖PULFREY, Nicola Jane resignedsecretary
- 2021-10-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-05-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-12-04📄change-person-director-company-with-change-dateofficers · CH01
- 2016-12-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-09-15🏢Company incorporatedAs ABLE PIPEWORK SERVICES LIMITED
- 2006-09-15➕BULL, Andrew Mark appointeddirector
- 2006-09-15➕PULFREY, Nicola Jane appointedsecretary
Owner dependency
93/100
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 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Mark Bull Individual · British · DOB 10/1968 · age 58 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Ms Nicola Pulfreyceased 28/02/2022· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · SS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & C ELECTRICAL SERVICES LIMITED→ 07778619 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| A. C. EALES CONSTRUCTION LIMITED→ 05253099 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| A.C.BUTT(BUILDERS)LIMITED→ 00518959 · est 1953 · no financials extracted | — | — | — | — | 72y | — | — |
| AB ELECTRICAL SERVICES (ESSEX) LTD→ 14154956 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AB TAPERS LTD→ 05587212 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ABBEY THERMAL INSULATION LIMITED→ 02814170 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| ABBOTT AND SON LTD→ 14065919 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABC CLADDING LIMITED→ 12886190 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABC ESSEX HEATING LIMITED→ 10002534 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ABM CONTRACTING MOULD AND DAMP SOLUTIONS LTD→ 16774361 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABOVE ALL ACCESS LTD→ 15271249 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABP LANDSCAPES LIMITED→ 12161775 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2006-09-15
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
5 Rochford Lofts
Pollards Close
Rochford
Essex
SS4 1GB
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-29
Last: 2025-09-15
Officers (1 active · 1 resigned)
BULL, Andrew Mark→
Activedirector · ~58y · appointed 2006-09-15
View their other companies + combined net worth →
PULFREY, Nicola Jane→
Resignedsecretary · appointed 2006-09-15 · resigned 2022-02-28
Click a director name to see their full track record across all companies.
Recent filings (49 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-06
termination-secretary-company-with-name-termination-date
officers · TM02
2022-10-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-02