ABCA SYSTEMS LIMITED

📈Growthactive
06294877 · ltd · incorporated 2007-06-27
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 17.1y

45/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 17.1 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
8 officers (5 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 7 total, 7 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
74/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £4,541,543

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Profit before tax£4.54M£2.75M
Average employees2630023300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
0
filings
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2025-07-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-07-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-07-17
    🔓
    Charge satisfied #4
  4. 2025-07-09
    🔒
    Charge registered #5
    Lender: Glas Trust Corporation Limited (As Security Agent)
  5. 2025-05-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2024-07-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-06-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-01-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2023-09-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2023-06-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2022-07-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2022-07-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2022-07-18
    🔓
    Charge satisfied #2
  14. 2022-07-18
    🔓
    Charge satisfied #1
  15. 2022-06-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2022-03-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2021-07-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2021-06-30
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  19. 2021-06-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  20. 2021-06-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2021-06-18
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2021-06-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2021-05-28
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  24. 2021-05-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2021-05-13
    BATSON, Philip appointed
    secretary
  26. 2021-05-13
    BATSON, Philip Alan appointed
    director
  27. 2021-05-13
    KHANBHAI, Ali appointed
    director
  28. 2021-05-13
    MILLER, Philip James resigned
    secretary
  29. 2021-05-13
    🔒
    Charge registered #4
    Lender: Santander UK PLC
  30. 2021-03-01
    🔓
    Charge satisfied #3
  31. 2020-03-10
    MILLER, Peter Christopher resigned
    director
  32. 2016-08-17
    🔒
    Charge registered #3
    Lender: Ultimate Invoice Finance Limited
  33. 2013-02-22
    SCOTT, Christopher Lyle appointed
    director
  34. 2009-07-31
    MILLER, Philip James appointed
    director
  35. 2009-07-31
    WOOD COLDEN, Russell resigned
    director
  36. 2009-07-31
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  37. 2009-04-28
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  38. 2007-06-27
    🏢
    Company incorporated
    As ABCA SYSTEMS LIMITED
  39. 2007-06-27
    MILLER, Philip James appointed
    secretary
  40. 2007-06-27
    MILLER, Peter Christopher appointed
    director
  41. 2007-06-27
    WOOD COLDEN, Russell appointed
    director

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondary12+ year tenure: Director in role 17 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Abca Systems Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Abca Systems Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ABCA SYSTEMS LIMITED
This company · 06294877

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Abca Systems Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/03/2020
6 historic (ceased) PSCs
  • Mrs Laureatte Millerceased 10/03/2020· 25-50% shares · 25-50% voting
  • Mr Peter Christopher Millerceased 10/03/2020· 25-50% shares · 25-50% voting
  • Mr Philip James Millerceased 10/03/2020· 25-50% shares · 25-50% voting
  • Mr Peter Christopher Millerceased 10/03/2020· 25-50% shares · 25-50% voting
  • Mr Philip James Millerceased 10/03/2020· 25-50% shares · 25-50% voting
  • Mr Peter Millerceased 10/07/2018· 25-50% shares · 25-50% voting

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2007-06-27
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

Cobalt 8 14 Silver Fox Way
Cobalt Business Park
Newcastle Upon Tyne
Tyne And Wear
NE27 0QJ
England

Filing status

Accounts
Next due: 2026-06-29
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-07-11
Last: 2025-06-27

Officers (5 active · 3 resigned)

BATSON, Philip
secretary · appointed 2021-05-13
View their other companies + combined net worth →
Active
BATSON, Philip Alan
director · ~43y · appointed 2021-05-13
View their other companies + combined net worth →
Active
KHANBHAI, Ali
director · ~51y · appointed 2021-05-13
View their other companies + combined net worth →
Active
MILLER, Philip James
director · ~46y · appointed 2009-07-31
View their other companies + combined net worth →
Active
SCOTT, Christopher Lyle
director · ~47y · appointed 2013-02-22
View their other companies + combined net worth →
Active
MILLER, Philip James
secretary · appointed 2007-06-27 · resigned 2021-05-13
Resigned
MILLER, Peter Christopher
director · ~75y · appointed 2007-06-27 · resigned 2020-03-10
Resigned
WOOD COLDEN, Russell
director · ~68y · appointed 2007-06-27 · resigned 2009-07-31
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property09/07/2025
satisfied
Santander
Santander UK PLC
A registered charge2 properties13/05/202117/07/2025
satisfied
Ultimate Invoice Finance
Ultimate Invoice Finance Limited
A registered charge8 properties17/08/201601/03/2021
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property31/07/200918/07/2022
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property28/04/200918/07/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (99 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-full
accounts · AA
2025-05-27
change-person-director-company-with-change-date
officers · CH01
2024-07-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-05
accounts-with-accounts-type-full
accounts · AA
2024-01-11
accounts-with-accounts-type-full
accounts · AA
2023-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-05
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-06-30
mortgage-satisfy-charge-full
mortgage · MR04
2022-07-18
mortgage-satisfy-charge-full
mortgage · MR04
2022-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-29
change-person-director-company-with-change-date
officers · CH01
2022-06-29