ABI FOOD LIMITED
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 400 | 400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (18 events)Click to expand
- 2025-06-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-08📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-06-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-01🔒Charge registered #2Lender: National Westminster Bank PLC
- 2015-09-22🔒Charge registered #1Lender: National Westminster Bank PLC
- 2009-09-16🏢Company incorporatedAs ABI FOOD LIMITED
- 2009-09-16➕THAYABARAN, Logendran appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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
cleanShareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Logendran Thayabaran Individual · British · DOB 10/1973 · age 53 | 75–100% | — | 75-100% shares | 06/04/2016 |
Mrs Naalini Thayabaran Individual · British · DOB 06/1979 · age 47 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control · firm interest | 29/08/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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|---|---|---|---|---|---|---|---|
| 5 STAR MARKETING SERVICES LTD→ 10156662 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 7 PRIME LTD→ 13139153 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 97TH VINTAGE LTD→ 11912308 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| A BEAUTIFUL CREATION LTD→ 16166854 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A.E.HOBBS,LIMITED→ 00157107 · est 1919 · no financials extracted | — | — | — | — | 106y | — | — |
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| A7UK LTD→ 11742859 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AATHMI LTD→ 17058783 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AB NEST LTD→ 16914812 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABODE & BEYOND UK LTD→ 16832383 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| ACE BROS LTD→ 12023316 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 01/10/2015 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 22/09/2015 | — |