ABPLAS LIMITED
💤Zombieactive
06233192 · ltd · incorporated 2007-05-01
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 May 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 47510
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 11.1y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.1 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 (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · IFRS| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Average employees | 600 | 500 |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-02-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-13📄change-person-director-company-with-change-dateofficers · CH01
- 2023-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-06-26🔒Charge registered #2Lender: Santander UK PLC as Security Trustee
- 2020-02-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-05-10➖BUCKLEY, Gloria Jean resigneddirector
- 2017-05-10➖BUCKLEY, Victor Leonard resigneddirector
- 2017-05-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-05-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-02-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-20🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2009-02-26➖PP SECRETARIES LIMITED resignedcorporate-secretary
- 2007-05-01🏢Company incorporatedAs ABPLAS LIMITED
- 2007-05-01➕BUCKLEY, Matthew Andrew appointeddirector
- 2007-05-01➕PP SECRETARIES LIMITED appointedcorporate-secretary
- 2007-05-01➕BUCKLEY, Gloria Jean appointeddirector
- 2007-05-01➕BUCKLEY, Victor Leonard appointeddirector
Owner dependency
85/100
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.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Matthew Andrew Buckley Individual · British · DOB 03/1975 · age 51 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2017 |
Mrs Victoria Hannah Argo Buckley Individual · British · DOB 11/1975 · age 51 | 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.
Similar companies
Active · Retail · RH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 99 NOMBRES LTD→ 16769695 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A1 FRESH LTD→ 11711198 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AB TAYLOR RETAIL LTD→ 15388555 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ABC CLASSICS LIMITED→ 13613860 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABROAD SPECTRUM LIMITED→ 02509529 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| ACASA LONDON LTD→ 13149168 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ACHARY EYECARE LIMITED→ 08450856 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ADJUSTUS LTD→ 09531859 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ADSCENSIO SPORTS LTD→ 16175056 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AESTIVO LTD→ 16206013 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AFTAB ALI SHAH LTD→ 16815682 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGNES AND LOLA LTD→ 11629012 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2007-05-01
Jurisdictionengland-wales
Primary SIC47510 — SIC 47510
Registered office
C/O Your Finance Team Ltd
15 Bell Street
Reigate
Surrey
RH2 7AD
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13
Officers (1 active · 3 resigned)
BUCKLEY, Matthew Andrew→
Activedirector · ~51y · appointed 2007-05-01
View their other companies + combined net worth →
PP SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2007-05-01 · resigned 2009-02-26
BUCKLEY, Gloria Jean→
Resigneddirector · ~82y · appointed 2007-05-01 · resigned 2017-05-10
BUCKLEY, Victor Leonard→
Resigneddirector · ~85y · appointed 2007-05-01 · resigned 2017-05-10
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC as Security Trustee | A registered charge | — | 26/06/2020 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 20/04/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (55 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-13
change-person-director-company-with-change-date
officers · CH01
2023-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-06-26