ABSOLUTE EDGE LTD
🚨Distressedactive
06059488 · ltd · incorporated 2007-01-22
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2023
Net worth
£-98.7k
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 68/100 (strong), bankability 47/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 14.0y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 14.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
65
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £98,661
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£99k
↑ 42% YoY
Current Assets
£296k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2023-12-31 | 2022-12-31 |
|---|---|---|
| Total assets | £-82.6k | £-143.4k |
| Current assets | £295.5k | — |
| Debtors | £140.8k | £144.9k |
| Net assets | £-98.7k | £-169.6k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2025-07-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-05🔒Charge registered #4Lender: Bibby Financial Services LTD (As Security Trustee)
- 2019-12-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-12-12🔓Charge satisfied #2
- 2019-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-04📄change-person-director-company-with-change-dateofficers · CH01
- 2017-04-04📄change-person-director-company-with-change-dateofficers · CH01
- 2016-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-02-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-04-28🔓Charge satisfied #3
- 2015-04-15🔒Charge registered #3Lender: Bibby Financial Services Limited (As Security Trustee)
- 2015-03-02🔒Charge registered #2Lender: Marketinvoice Limited
- 2012-06-13🔒Charge registered #1Lender: Hsbc Bank PLC
- 2012-02-16➖ALLIED SECRETARIES LIMITED resignedcorporate-secretary
- 2009-10-31➖LEEDHAM, David resigneddirector
- 2008-03-17➖LOVERIDGE, Tracy resignedsecretary
- 2008-03-17➕ALLIED SECRETARIES LIMITED appointedcorporate-secretary
- 2007-11-05➕BARLOW, James Edward appointeddirector
- 2007-11-05➕COOMBS, Jay George appointeddirector
- 2007-03-30➖BHARDWAJ, Ashok resignedsecretary
- 2007-03-30➕LOVERIDGE, Tracy appointedsecretary
- 2007-03-30➕LEEDHAM, David appointeddirector
- 2007-03-30➖BHARDWAJ CORPORATE SERVICES LIMITED resignedcorporate-director
- 2007-01-22🏢Company incorporatedAs ABSOLUTE EDGE LTD
- 2007-01-22➕BHARDWAJ, Ashok appointedsecretary
- 2007-01-22➕BHARDWAJ CORPORATE SERVICES LIMITED appointedcorporate-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 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
54/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-12-31
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Edward Barlow Individual · British · DOB 08/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Jay George Coombs Individual · British · DOB 12/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Kate Coombs Individual · British · DOB 02/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 · Technology · BN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AAMPBIS LIMITED→ 07001834 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ABATSAMARA LIMITED→ 16685959 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBENTIS LIMITED→ 10926410 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ABISTI LTD→ 06729701 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ABIX2000 LIMITED→ 06769645 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ABLESIGN LTD→ 15151488 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABRAXOR LTD→ 05748868 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| ABSTRACT BASE LIMITED→ 05591163 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| AC DIGITAL MEDIA LIMITED→ 06397150 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ACADEMY SOCCER COACH LIMITED→ 07385315 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ACADEMY SPORTS COACH LTD→ 11118633 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACCOUNTANCY SOFTWARE SOLUTIONS LIMITED→ 05951207 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2007-01-22
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities
Registered office
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU
Filing status
Accounts
Next due: 2025-12-31OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22
Officers (2 active · 5 resigned)
BARLOW, James Edward→
Activedirector · ~56y · appointed 2007-11-05
View their other companies + combined net worth →
COOMBS, Jay George→
Activedirector · ~52y · appointed 2007-11-05
View their other companies + combined net worth →
BHARDWAJ, Ashok→
Resignedsecretary · appointed 2007-01-22 · resigned 2007-03-30
LOVERIDGE, Tracy→
Resignedsecretary · appointed 2007-03-30 · resigned 2008-03-17
ALLIED SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2008-03-17 · resigned 2012-02-16
LEEDHAM, David→
Resigneddirector · ~46y · appointed 2007-03-30 · resigned 2009-10-31
BHARDWAJ CORPORATE SERVICES LIMITED→
Resignedcorporate-director · appointed 2007-01-22 · resigned 2007-03-30
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Bibby Financial Services Bibby Financial Services LTD (As Security Trustee) | A registered charge | 1 property | 05/02/2020 | — | |
| satisfied | Bibby Financial Services Bibby Financial Services Limited (As Security Trustee) | A registered charge | — | 15/04/2015 | 28/04/2015 | |
| satisfied | MarketInvoice Marketinvoice Limited | A registered charge | — | 02/03/2015 | 12/12/2019 | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 13/06/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (65 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-24
mortgage-satisfy-charge-full
mortgage · MR04
2019-12-12