ABBEY SOLICITORS LIMITED

💤Zombieactive
06404593 · ltd · incorporated 2007-10-19
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 Mar 2025
Net worth
£393.8k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Solicitors
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 85/100. 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

1 live charge · oldest 8.9y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 1 with DOB)
74
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
52 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £393,803
Cash YoY
+471%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£261k
↑ 471% YoY
Net Worth
£394k
↑ 49% YoY
Current Assets
£986k
↑ 22% YoY
Current Liabilities
—
£0£197k£394k£591k£789k£986kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£393.8k£273.8k
Current assets£985.6k£805.7k
Cash£261.3k£45.7k
Debtors£424.4k£460.0k
Net assets£393.8k£265.1k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-11-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-09-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-11-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-12-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2022-12-20
    🔓
    Charge satisfied #1
  6. 2022-12-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-12-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-11-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-10-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-10-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2018-09-11
    ➖
    NADEEM, Anbreen resigned
    secretary
  12. 2018-09-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2018-01-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2018-01-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2017-07-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2017-06-29
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC
  17. 2016-12-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2015-11-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2009-08-06
    ➖
    MCGOLDRICK, John resigned
    secretary
  20. 2009-08-06
    ➕
    NADEEM, Anbreen appointed
    secretary
  21. 2007-10-19
    🏢
    Company incorporated
    As ABBEY SOLICITORS LIMITED
  22. 2007-10-19
    ➕
    ULLAH, Nadeem appointed
    director
  23. 2007-10-19
    ➕
    MCGOLDRICK, John appointed
    secretary
  24. 2007-10-19
    ➕
    MTM SECRETARY LIMITED appointed
    corporate-secretary
  25. 2007-10-19
    ➖
    MTM SECRETARY LIMITED resigned
    corporate-secretary
  26. 2007-10-19
    ➕
    MTM DIRECTOR LIMITED appointed
    corporate-director
  27. 2007-10-19
    ➖
    MTM DIRECTOR LIMITED resigned
    corporate-director

Owner dependency

85/100
Critical — business is the founder

The 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 signal

Multiple 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Nadeem Ullah
Individual · British · DOB 04/1970 · age 56
75–100%
—75-100% shares06/04/2016

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 →

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———————
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
Incorporated2007-10-19
Jurisdictionengland-wales
Primary SIC69102 — Solicitors

Registered office

1 Christie Way
Manchester
M21 7QY
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-02
Last: 2025-10-19

Officers (1 active · 4 resigned)

ULLAH, Nadeem→
director · ~56y · appointed 2007-10-19
View their other companies + combined net worth →
Active
MCGOLDRICK, John→
secretary · appointed 2007-10-19 · resigned 2009-08-06
Resigned
NADEEM, Anbreen→
secretary · appointed 2009-08-06 · resigned 2018-09-11
Resigned
MTM SECRETARY LIMITED→
corporate-secretary · appointed 2007-10-19 · resigned 2007-10-19
Resigned
MTM DIRECTOR LIMITED→
corporate-director · appointed 2007-10-19 · resigned 2007-10-19
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Aib Group (UK)
Aib Group (UK) PLC
A registered charge—29/06/201720/12/2022

Recent filings (52 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-14
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-10-03