ABL DEVELOPMENT (UK) LTD
💤Zombieactive
06259992 · ltd · incorporated 2007-05-25
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 Apr 2024
Net worth
£31.4k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
Special-situation opportunityDistressed construction with salvageable qualities — special-situations priority.
Opportunity 70/100 (strong), bankability 55/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).
Data confidence
Overall: medium (75/100)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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £31,429
Key financials
2 years extracted from filed iXBRL accountsCash
£400
Net Worth
£31k
Current Assets
£87k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-04-30 | 2023-04-30 |
|---|---|---|
| Total assets | £85.4k | — |
| Current assets | £86.6k | — |
| Cash | £400 | — |
| Debtors | £86.2k | — |
| Net assets | £31.4k | — |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-01-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-01-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-12-10📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-01-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-01-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-01-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-06-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-06-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-01-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-06-01➕LANCASTER, Julie Marie appointedsecretary
- 2007-06-01➕LANCASTER, Kevin Andrew, Mr appointeddirector
- 2007-05-30➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2007-05-30➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2007-05-25🏢Company incorporatedAs ABL DEVELOPMENT (UK) LTD
- 2007-05-25➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2007-05-25➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
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 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. 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 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: 2026-04-30
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kevin Andrew Lancaster Individual · British · DOB 02/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/05/2017 |
Mrs Julie Marie Lancaster Individual · British · DOB 06/1965 · age 61 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/05/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · ST postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 19 LIFTING LTD→ 16223481 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2H GROUP LTD→ 11162793 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| A B PROJECTS LIMITED→ 07340955 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A B PROPERTY & DEVELOPMENT HOLDINGS LTD→ 13062242 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A C PLASTERING & DAMP SOLUTIONS LTD→ 16514257 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A1 ELECTRICAL CONTRACTORS LTD→ 16236122 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AA LEVELLING UP SCAFFOLD LIMITED→ 16094471 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABODE CONSTRUCTION GROUP LTD→ 14504408 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABODE NEW HOMES LTD→ 14954361 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABT ELECTRICAL SERVICES LTD→ 16917388 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AC LIGHT LTD→ 14251136 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACCENT HOMES LIMITED→ 09302232 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2007-05-25
Jurisdictionengland-wales
Primary SIC43390 — Other building completion and finishing
Registered office
64 Audley Road, Alsager
Stoke-On-Trent
Staffordshire
ST7 2QN
Filing status
Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-04-30
Confirmation statement
Next due: 2027-06-08
Last: 2026-05-25
Officers (2 active · 2 resigned)
LANCASTER, Julie Marie→
Activesecretary · appointed 2007-06-01
View their other companies + combined net worth →
LANCASTER, Kevin Andrew, Mr →
Activedirector · ~62y · appointed 2007-06-01
View their other companies + combined net worth →
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2007-05-25 · resigned 2007-05-30
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2007-05-25 · resigned 2007-05-30
Click a director name to see their full track record across all companies.
Recent filings (44 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-03
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-01-30