ABLEFORM LIMITED
💤Zombieactive
06068293 · ltd · incorporated 2007-01-25
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 Jan 2026
Net worth
£255.9k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). 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).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 11.9y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
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 £255,916
Net assets shrinking
Down £6,134 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£256k
↓ 2.3% YoY
Current Assets
£248k
↑ 6.6% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2026-01-31 | 2025-01-31 |
|---|---|---|
| Total assets | £259.5k | £275.6k |
| Current assets | £248.0k | £232.5k |
| Net assets | £255.9k | £262.1k |
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
1
filing
- • 1 accounts
Last 180 days
3
filings
- • 1 accounts
- • 1 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-05-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-01-29📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-04📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-04🔓Charge satisfied #1
- 2022-01-26📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-06-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-11-04🔒Charge registered #2Lender: Santander UK PLC
- 2019-06-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2014-07-31🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2007-06-25➕EVES, Richard Anthony appointedsecretary
- 2007-06-25➕EVES, Kevin Andrew appointeddirector
- 2007-06-25➖BHARDWAJ, Ashok resignedsecretary
- 2007-06-25➖BHARDWAJ CORPORATE SERVICES LIMITED resignedcorporate-director
- 2007-01-25🏢Company incorporatedAs ABLEFORM LIMITED
- 2007-01-25➕BHARDWAJ, Ashok appointedsecretary
- 2007-01-25➕BHARDWAJ CORPORATE SERVICES LIMITED appointedcorporate-director
Owner dependency
100/100
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 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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.
- 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Kevin Andrew Eves Individual · British · DOB 07/1961 · age 65 | 75–100% | — | 75-100% shares | 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 · Trade services · SS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 24/7 SALES LTD→ 15619105 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 28 UNDERCLIFF GARDENS MANAGEMENT LIMITED→ 05640511 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| A & C CONSULTING GROUP LTD→ 15853083 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A BUTLER ENTERPRISES LTD→ 17016448 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABBEYDEAN LIMITED→ 04957037 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ABEYNA LTD→ 10882923 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ABF SECURITY LTD→ 15122809 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABICONSULT LTD→ 15235265 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABLE ENFORCEMENT & SECURITY SERVICES LTD→ 16064140 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABOUND INVESTMENT LTD→ 10820227 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ABR ACCESS LTD→ 17069614 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABSALOM HOLDINGS LIMITED→ 06058216 · est 2007 · 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
Incorporated2007-01-25
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.
Registered office
Chase Bureau Register Office
Services No 1 Royal Terrace
Southend On Sea
Essex
SS1 1EA
Filing status
Accounts
Next due: 2027-10-31
Last made up to: 2026-01-31
Confirmation statement
Next due: 2027-02-08
Last: 2026-01-25
Officers (2 active · 2 resigned)
EVES, Richard Anthony→
Activesecretary · appointed 2007-06-25
View their other companies + combined net worth →
EVES, Kevin Andrew→
Activedirector · ~65y · appointed 2007-06-25
View their other companies + combined net worth →
BHARDWAJ, Ashok→
Resignedsecretary · appointed 2007-01-25 · resigned 2007-06-25
BHARDWAJ CORPORATE SERVICES LIMITED→
Resignedcorporate-director · appointed 2007-01-25 · resigned 2007-06-25
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC | A registered charge | — | 04/11/2019 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 31/07/2014 | 04/04/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (60 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-27
change-person-secretary-company-with-change-date
officers · CH03
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-05
change-person-director-company-with-change-date
officers · CH01
2022-04-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-04
mortgage-satisfy-charge-full
mortgage · MR04
2022-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-26