ABA AUDITS LTD

🌳Matureactive
06999733 · ltd · incorporated 2009-08-25
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 2025
Net worth
£254.3k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 63110Data processing, hosting and related activities
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £254,320
Cash YoY
+11%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£267k
↑ 11% YoY
Net Worth
£254k
↑ 11% YoY
Current Assets
£282k
↑ 15% YoY
Current Liabilities
£0£56k£113k£169k£225k£282kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£254.3k£229.9k
Current assets£281.8k£245.6k
Cash£267.4k£240.0k
Debtors£14.4k£5.6k
Net assets£254.3k£229.9k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-19
    DUX (COMPANY SECRETARY) LIMITED appointed
    corporate-secretary
  3. 2025-09-19
    CHIMES ACCOUNTANCY SERVICES LTD resigned
    corporate-secretary
  4. 2025-09-19
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  5. 2025-09-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-08-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-08-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-08-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-08-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-10-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-01-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-02-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-12-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2019-09-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2019-09-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2019-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2017-09-11
    CHIMES ACCOUNTANCY SERVICES LTD appointed
    corporate-secretary
  22. 2017-09-11
    KERRY SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  23. 2009-08-25
    🏢
    Company incorporated
    As ABA AUDITS LTD
  24. 2009-08-25
    PHIPPS, Alison Victoria appointed
    director
  25. 2009-08-25
    PHIPPS, Robert Andrew appointed
    director
  26. 2009-08-25
    KERRY SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robert Andrew Phipps
Individual · British · DOB 01/1975 · age 51
75100%
75–100%75-100% shares · 75-100% voting01/08/2016
Mrs Alison Victoria Phipps
Individual · British · DOB 10/1974 · age 52
75100%
75–100%75-100% shares · 75-100% voting01/08/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2009-08-25
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

G02 Terriers House
Amersham Road
High Wycombe
Buckinghamshire
HP13 5AJ
England

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-08
Last: 2025-08-25

Officers (3 active · 2 resigned)

DUX (COMPANY SECRETARY) LIMITED
corporate-secretary · appointed 2025-09-19
View their other companies + combined net worth →
Active
PHIPPS, Alison Victoria
director · ~52y · appointed 2009-08-25
View their other companies + combined net worth →
Active
PHIPPS, Robert Andrew
director · ~51y · appointed 2009-08-25
View their other companies + combined net worth →
Active
CHIMES ACCOUNTANCY SERVICES LTD
corporate-secretary · appointed 2017-09-11 · resigned 2025-09-19
Resigned
KERRY SECRETARIAL SERVICES LIMITED
corporate-secretary · appointed 2009-08-25 · resigned 2017-09-11
Resigned

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

Recent filings (61 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-23
appoint-corporate-secretary-company-with-name-date
officers · AP04
2025-09-19
termination-secretary-company-with-name-termination-date
officers · TM02
2025-09-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-26
change-person-director-company-with-change-date
officers · CH01
2022-08-26
change-person-director-company-with-change-date
officers · CH01
2022-08-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-18