ABP (NORTH EAST) LIMITED
🌳Matureactive
06750100 · ltd · incorporated 2008-11-17
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£9.6k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 0.1y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 0.1 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £9,566
Net assets shrinking
Down £15,097 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£10k
↓ 61% YoY
Current Assets
£149k
↑ 48% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £23.3k | £62.1k |
| Current assets | £149.0k | £100.4k |
| Net assets | £9.6k | £24.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-05-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-11🔒Charge registered #1Lender: Time Invoice Finance Limited
- 2025-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-23📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-19➕DONKIN, Michael appointeddirector
- 2020-05-19📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2020-05-19📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2020-05-19📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2020-05-19📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2020-05-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-05-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-05-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2013-06-21➖PIRIE, George resigneddirector
- 2012-03-10➖BELL, Jonathan Mark resigneddirector
- 2008-11-17🏢Company incorporatedAs ABP (NORTH EAST) LIMITED
- 2008-11-17➕ARMSTRONG, Kris appointeddirector
- 2008-11-17➕BELL, Jonathan Mark appointeddirector
- 2008-11-17➕PIRIE, George appointeddirector
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Donkin Individual · British · DOB 12/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/05/2020 |
Mr Kris Armstrong Individual · British · DOB 09/1978 · age 48 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 →Similar companies
Active · Construction · SR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 4WRIGHT CONSTRUCTION LIMITED→ 15681839 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A & M DIGI HOME SOLUTIONS LIMITED→ 13997110 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| A & M POOLS LIMITED→ 10404494 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A&HBRICKWORK LTD→ 16048174 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABLE RAIL LTD→ 13215646 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ABSOLUTE CONVERSIONS LTD→ 17106153 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABSOLUTE HOME IMPROVEMENTS EAST DURHAM LIMITED→ 17021831 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADAM PIKE LTD→ 11928068 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADVANCED FLOORS LIMITED→ 14511416 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANCED ROOFING NE LTD→ 16884920 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANTA HEAT LTD→ 15616822 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AFL HOLDINGS LTD→ 16742018 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2008-11-17
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation
Registered office
Unit 19 Inkerman Street
Sunderland
SR5 2BN
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-06-02
Last: 2026-05-19
Officers (2 active · 2 resigned)
ARMSTRONG, Kris→
Activedirector · ~48y · appointed 2008-11-17
View their other companies + combined net worth →
DONKIN, Michael→
Activedirector · ~50y · appointed 2020-05-19
View their other companies + combined net worth →
BELL, Jonathan Mark→
Resigneddirector · ~51y · appointed 2008-11-17 · resigned 2012-03-10
PIRIE, George→
Resigneddirector · ~48y · appointed 2008-11-17 · resigned 2013-06-21
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Time Invoice Finance Time Invoice Finance Limited | A registered charge | 2 properties | 11/05/2026 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (72 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-23
change-person-director-company-with-change-date
officers · CH01
2022-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-25