ABSOLUTE TECHNICAL SERVICES LIMITED

🌳Matureactive
07407997 · ltd · incorporated 2010-10-14
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 Oct 2024
Net worth
£262.9k
book net assets
Opportunity
76/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 42220
Sector: Construction
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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 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 £262,856

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£263k
↑ 96% YoY
Current Assets
£302k
↑ 103% YoY
Current Liabilities
£0£60k£121k£181k£241k£302kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£262.9k£133.8k
Current assets£301.9k£149.0k
Net assets£262.9k£133.8k

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

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 (20 events)Click to expand
  1. 2026-01-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-01-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-10-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-02-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-11-28
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2022-11-28
    📄
    capital-name-of-class-of-shares
    capital · SH08
  9. 2022-11-25
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  10. 2022-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-06-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2020-02-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-02-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-07-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-07-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2010-10-14
    🏢
    Company incorporated
    As ABSOLUTE TECHNICAL SERVICES LIMITED
  19. 2010-10-14
    LOCHEAD, David appointed
    director
  20. 2010-10-14
    RAYNER, David appointed
    director

Owner dependency

73/100
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 16 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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
NameSharesVoting rightsNature of controlNotified
David Rayner
Individual · British · DOB 06/1976 · age 50
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
David Lochead
Individual · British · DOB 07/1970 · age 56
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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

Similar companies

Active · Construction · EN postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A FLORA BESPOKE BUILDS LIMITED
11173278 · est 2018 · no financials extracted
8y
ACCESSSKY LTD
12384494 · est 2020 · no financials extracted
6y
AD MECHANICAL, PLUMBING & HEATING LTD
16031693 · est 2024 · no financials extracted
1y
ADAM N EIMAN LIMITED
14940069 · est 2023 · no financials extracted
2y
ADAPTIT CONSTRUCTION LIMITED
10399202 · est 2016 · no financials extracted
9y
ADD A SPACE LTD.
07990148 · est 2012 · no financials extracted
14y
ADD ANOTHER LEVEL LIMITED
14693866 · est 2023 · no financials extracted
3y
ADDAE CONSTRUCTION LIMITED
14069792 · est 2022 · no financials extracted
3y
ADDISON SCAFFOLDING LTD
11444650 · est 2018 · no financials extracted
7y
ADEPT SCAFFOLDING LTD
14497202 · est 2022 · no financials extracted
3y
ADI. P ELECTRICAL LTD
13612988 · est 2021 · no financials extracted
4y
ADM ELECTRIC SERVICES LTD
14169846 · est 2022 · no financials extracted
3y
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
Incorporated2010-10-14
Jurisdictionengland-wales
Primary SIC42220 — SIC 42220

Registered office

12 Cavendish House
Plumpton Road
Hoddesdon
Hertfordshire
EN11 0LB
United Kingdom

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-26
Last: 2025-10-12

Officers (2 active · 0 resigned)

LOCHEAD, David
director · ~56y · appointed 2010-10-14
View their other companies + combined net worth →
Active
RAYNER, David
director · ~50y · appointed 2010-10-14
View their other companies + combined net worth →
Active

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

Recent filings (39 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-08
gazette-notice-compulsory
gazette · GAZ1
2026-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-31
resolution
resolution · RESOLUTIONS
2022-11-28
capital-name-of-class-of-shares
capital · SH08
2022-11-28
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-10