ABEY AIR CONDITIONING LIMITED
💤Zombieactive
06681133 · ltd · incorporated 2008-08-26
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
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
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: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 15.6y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
58 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 · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 2400 | 2500 |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-04-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-28➖SHELTON, Stewart John resigneddirector
- 2025-03-04➖BRATTON, Gary resigneddirector
- 2024-11-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-11-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-09-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-09-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-09-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-04➕SHELTON, Stewart John appointeddirector
- 2022-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-07-16➕BRATTON, Gary appointeddirector
- 2012-06-21🔒Charge registered #2Lender: Hsbc Bank PLC
- 2010-12-22🔒Charge registered #1Lender: Norwich & Peterborough Building Society
- 2008-08-26🏢Company incorporatedAs ABEY AIR CONDITIONING LIMITED
- 2008-08-26➕ABEY, Kirsty appointedsecretary
- 2008-08-26➕ABEY, Michael Andrew appointeddirector
Owner dependency
100/100
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.
- +Founder name in company name: Company name contains director surname "ABEY" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 18 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 18 years.
- secondaryStable-but-static management: Company is 18 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.)
Group structure
Abey Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Abey Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
ABEY AIR CONDITIONING LIMITED
This company · 06681133
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Abey Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · trust interest · firm interest | 06/04/2016 |
5 historic (ceased) PSCs
- Mr Stewart John Sheltonceased 28/03/2025· 25-50% shares
- Mr Gary Paul Brattonceased 04/03/2025· 50-75% shares
- Abey Group Limitedceased 13/01/2020· 75-100% shares · 75-100% voting · board control · trust interest · firm interest
- Mr Michael Abeyceased 13/01/2020· 50-75% shares · 50-75% voting · board control · significant influence · trust interest · firm interest
- Mrs Kirsty Abeyceased 13/01/2020· 25-50% shares · 25-50% voting · board control · significant influence · trust interest · firm interest
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 →Similar companies
Active · Construction · DN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & J PLUMBING (YORKSHIRE) LIMITED→ 09208101 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| A J GRIGGS ROOFING & CLADDING LTD→ 16624685 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A.J. ROBERTS LIMITED→ 04697712 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ACCESS & COE LTD→ 14420891 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACCESS QUALITY SCAFFOLDING SERVICES LIMITED→ 07832081 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ADR PLUMBING & HEATING SERVICES LIMITED→ 11460437 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADVANCED 1 ROOFING LTD→ 16188810 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVANCED BRICKWORK & MASONRY LTD→ 10213211 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADVANCED LIFTS (U.K) LTD→ 16618727 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AEROSPRAY LIMITED→ 15119304 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AGILE MODULAR LIMITED→ 14812138 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AGM ELECTRICAL LIMITED→ 10512138 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2008-08-26
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
47 Newdown Road
South Park Industrial Estate
Scunthorpe
DN17 2TX
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-09
Last: 2025-08-26
Officers (2 active · 2 resigned)
Active
ABEY, Michael Andrew→
Activedirector · ~45y · appointed 2008-08-26
View their other companies + combined net worth →
BRATTON, Gary→
Resigneddirector · ~43y · appointed 2014-07-16 · resigned 2025-03-04
SHELTON, Stewart John→
Resigneddirector · ~47y · appointed 2023-09-04 · resigned 2025-03-28
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 | HSBC Hsbc Bank PLC | Debenture | 1 property | 21/06/2012 | — | |
| outstanding | Norwich & Peterborough Building Society | Mortgage | 1 property | 22/12/2010 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (58 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-03
termination-director-company-with-name-termination-date
officers · TM01
2025-04-03
termination-director-company-with-name-termination-date
officers · TM01
2025-04-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-11-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-12