ABI FOOD LIMITED

💤Zombieactive
07020743 · ltd · incorporated 2009-09-16
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 Sept 2024
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

2 live charges · oldest 10.7y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
40 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 accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees400400

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-03-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-01-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-08-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-04-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-05-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2016-06-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-10-01
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  16. 2015-09-22
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  17. 2009-09-16
    🏢
    Company incorporated
    As ABI FOOD LIMITED
  18. 2009-09-16
    THAYABARAN, Logendran appointed
    director

Owner dependency

90/100
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 17 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

68/100
Strong succession signal

Multiple 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 17 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.)

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Logendran Thayabaran
Individual · British · DOB 10/1973 · age 53
75100%
75-100% shares06/04/2016
Mrs Naalini Thayabaran
Individual · British · DOB 06/1979 · age 47
2550%
25–50%board control25-50% shares · 25-50% voting · board control · firm interest29/08/2023

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.

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Company details

Statusactive
Typeltd
Incorporated2009-09-16
Jurisdictionengland-wales
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

22 High Street
Shoeburyness
Southend-On-Sea
SS3 9AH
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20

Officers (1 active · 0 resigned)

THAYABARAN, Logendran
director · ~53y · appointed 2009-09-16
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property01/10/2015
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge22/09/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-08
change-person-director-company-with-change-date
officers · CH01
2024-01-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-21