ABSOLUTE TECHNOLOGY LTD
- 62020Information technology consultancy activities
- 96090Other service activities n.e.c.
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £384.7k | £322.8k |
| Current assets | £421.1k | £370.3k |
| Cash | £421.0k | £370.3k |
| Debtors | £56 | — |
| Net assets | £384.7k | £322.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (19 events)Click to expand
- 2025-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-16📄capital-allotment-sharescapital · SH01
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-02-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-05-22🏢Company incorporatedAs ABSOLUTE TECHNOLOGY LTD
- 2007-05-22➕TOWNSEND, Claire Louise appointedsecretary
- 2007-05-22➕TOWNSEND, Claire Louise appointeddirector
- 2007-05-22➕TOWNSEND, Peter appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Claire Louise Townsend Individual · British · DOB 05/1977 · age 49 | 50–75% | 25–50% | 50-75% shares · 50-75% voting | 22/05/2016 |
Mr Peter Townsend Individual · British · DOB 09/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/05/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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6 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 →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
Registered office
Filing status
Officers (3 active · 0 resigned)
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