ABLEREX ELECTRONICS U.K. LIMITED

💤Zombieactive
06892520 · ltd · incorporated 2009-04-30
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 Dec 2024
Net worth
£-1.8k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). 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 (73/100).

Data confidence

Overall: medium (68/100)

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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £1,780
Net assets shrinking
Down £12,818 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£2k
↓ 116% YoY
Current Assets
Current Liabilities
-£2k£784£3k£6k£8k£11kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£-1.8k£11.0k
Debtors£490£1.2k
Net assets£-1.8k£11.0k

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
3
filings
  • 1 confirmation-statement
  • 1 officers
  • 1 address
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 officers
  • 1 address
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-04-10
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  2. 2026-03-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-07-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-08-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2023-09-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-10-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2021-10-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2020-07-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2019-07-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2019-04-05
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  11. 2018-10-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2017-10-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2017-09-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-08-16
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  15. 2016-10-12
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2009-12-02
    HSU, Wen appointed
    director
  17. 2009-12-02
    SABBADIN, Roberto resigned
    director
  18. 2009-04-30
    🏢
    Company incorporated
    As ABLEREX ELECTRONICS U.K. LIMITED
  19. 2009-04-30
    VISTRA COSEC LIMITED appointed
    corporate-secretary
  20. 2009-04-30
    SABBADIN, Roberto appointed
    director

Owner dependency

93/100
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 16 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 17 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.)

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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
Incorporated2009-04-30
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices

Registered office

Ground Floor
Templeback, 10 Temple Back
Bristol
BS1 6FL
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-14
Last: 2026-04-30

Officers (2 active · 1 resigned)

VISTRA COSEC LIMITED
corporate-secretary · appointed 2009-04-30
View their other companies + combined net worth →
Active
HSU, Wen
director · ~63y · appointed 2009-12-02
View their other companies + combined net worth →
Active
SABBADIN, Roberto
director · ~50y · appointed 2009-04-30 · resigned 2009-12-02
Resigned

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

Recent filings (46 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
change-corporate-secretary-company-with-change-date
officers · CH04
2026-04-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-02
accounts-with-accounts-type-small
accounts · AA
2025-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-small
accounts · AA
2024-08-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-08
accounts-with-accounts-type-small
accounts · AA
2023-09-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-04
accounts-with-accounts-type-full
accounts · AA
2022-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-03
accounts-with-accounts-type-full
accounts · AA
2021-10-06
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-30
accounts-with-accounts-type-full
accounts · AA
2020-07-02
confirmation-statement-with-updates
confirmation-statement · CS01
2020-04-30