ABACRETE LIMITED

🌳Matureactive
06983247 · ltd · incorporated 2009-08-06
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
not disclosed
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (73/100, director aged 73). 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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 14.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 14.2 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.

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
80 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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

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 (38 events)Click to expand
  1. 2025-10-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-10-01
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  3. 2025-10-01
    📄
    legacy
    accounts · PARENT_ACC
  4. 2025-10-01
    📄
    legacy
    other · AGREEMENT2
  5. 2025-10-01
    📄
    legacy
    other · GUARANTEE2
  6. 2025-06-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-06-19
    🔓
    Charge satisfied #3
  8. 2025-06-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-06-16
    🔒
    Charge registered #4
    Lender: Santander UK PLC
  10. 2025-05-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2025-05-19
    🔓
    Charge satisfied #2
  12. 2024-11-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2024-10-03
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  14. 2024-10-03
    📄
    legacy
    accounts · PARENT_ACC
  15. 2024-10-03
    📄
    legacy
    other · AGREEMENT2
  16. 2024-10-03
    📄
    legacy
    other · GUARANTEE2
  17. 2023-11-03
    RODWELL, Heidi Elizabeth appointed
    secretary
  18. 2023-11-03
    HARRIS, Karen Louise resigned
    secretary
  19. 2023-11-03
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  20. 2023-11-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2023-09-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  22. 2023-03-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2023-02-20
    WHITE, Michael John resigned
    director
  24. 2022-09-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  25. 2022-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2021-10-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  27. 2019-01-23
    OVERALL, Luke Richard appointed
    director
  28. 2016-03-01
    SPITTLES, Darren Brian appointed
    director
  29. 2015-07-01
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  30. 2015-06-24
    🔓
    Charge satisfied #1
  31. 2013-06-20
    🔒
    Charge registered #2
    Lender: Rbs Invoice Finance LTD
  32. 2012-06-19
    HARRIS, Karen Louise appointed
    secretary
  33. 2012-03-14
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  34. 2012-01-04
    WHITE, Michael John appointed
    director
  35. 2011-09-27
    READMAN, Andrew resigned
    director
  36. 2009-09-10
    READMAN, Andrew appointed
    director
  37. 2009-08-06
    🏢
    Company incorporated
    As ABACRETE LIMITED
  38. 2009-08-06
    RODWELL, Geoffrey Walter appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 17 years.
  • 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

Henwood Thirty Nine Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Henwood Thirty Nine Limited
Corporate parent · holds 75-100% shares
ultimate parent
ABACRETE LIMITED
This company · 06983247

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
Henwood Thirty Nine Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting30/10/2019
1 historic (ceased) PSC
  • Abacus Lawrence Group Limitedceased 30/10/2019· 75-100% shares

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
Incorporated2009-08-06
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Unit 9a Triangle Business Park, Quilters Way
Wendover Road
Stoke Mandeville
Buckinghamshire
HP22 5BL

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-03
Last: 2025-11-19

Officers (4 active · 3 resigned)

RODWELL, Heidi Elizabeth
secretary · appointed 2023-11-03
View their other companies + combined net worth →
Active
OVERALL, Luke Richard
director · ~38y · appointed 2019-01-23
View their other companies + combined net worth →
Active
RODWELL, Geoffrey Walter
director · ~73y · appointed 2009-08-06
View their other companies + combined net worth →
Active
SPITTLES, Darren Brian
director · ~48y · appointed 2016-03-01
View their other companies + combined net worth →
Active
HARRIS, Karen Louise
secretary · appointed 2012-06-19 · resigned 2023-11-03
Resigned
READMAN, Andrew
director · ~57y · appointed 2009-09-10 · resigned 2011-09-27
Resigned
WHITE, Michael John
director · ~72y · appointed 2012-01-04 · resigned 2023-02-20
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Santander
Santander UK PLC
A registered charge1 property16/06/2025
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge01/07/201519/06/2025
satisfied
NatWest Group
Rbs Invoice Finance LTD
A registered charge13 properties20/06/201319/05/2025
satisfied
Barclays
Barclays Bank PLC
Fixed & floating charge1 property14/03/201224/06/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (80 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-26
change-person-director-company-with-change-date
officers · CH01
2025-10-03
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-10-01
legacy
accounts · PARENT_ACC
2025-10-01
legacy
other · AGREEMENT2
2025-10-01
legacy
other · GUARANTEE2
2025-10-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-16
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-11-28
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-10-03
legacy
accounts · PARENT_ACC
2024-10-03
legacy
other · AGREEMENT2
2024-10-03
legacy
other · GUARANTEE2
2024-10-03