ABSOLUTE CHALLENGES LTD
🌳Matureactive
07414397 · private-limited-guarant-nsc · incorporated 2010-10-21
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
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Event catering activities
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 93199Other sports activities
- 96040Physical well-being activities
- 96090Other service activities n.e.c.
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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, 4 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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-28 |
|---|---|---|
| Average employees | 0 | — |
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 (18 events)Click to expand
- 2025-07-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-15➕BUTT, Kathryn Joanell appointeddirector
- 2023-07-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-06-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-01-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-05📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2015-01-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-11-05📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2014-01-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-10-21🏢Company incorporatedAs ABSOLUTE CHALLENGES LTD
- 2010-10-21➕BUTT, Simon William Daniel appointeddirector
Owner dependency
89/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +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 signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mt Simon William Daniel Butt Individual · British · DOB 02/1968 · age 58 | — | — | sig. influencesignificant influence | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · BA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 31 BATHWICK STREET RESIDENTS ASSOCIATION LIMITED→ 01739988 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| 54 COFFEE LTD→ 17107270 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 6 DEVONSHIRE BUILDINGS (BATH) LIMITED→ 03132449 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| 6067 LIMITED→ 16051496 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 7 KEYFORD LIMITED→ 05255660 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 91A HIGHFIELD ROAD LTD→ 14222891 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A BAP 'N A BREW LTD→ 16069953 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A K MILES T/A JOLLIFFE ARMS LIMITED→ 12033132 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AADHI FOOD LTD→ 17031857 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AAJ CATERING LTD→ 16637546 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBEY INNS (BATH) LIMITED→ 05840092 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ABUNDANT AVALON LTD→ 13443343 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Typeprivate-limited-guarant-nsc
Incorporated2010-10-21
Jurisdictionengland-wales
Primary SIC56210 — Event catering activities
Registered office
Arndown
7 Elm Hill
Warminster
Wiltshire
BA12 0AU
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16
Officers (2 active · 0 resigned)
BUTT, Kathryn Joanell→
Activedirector · ~60y · appointed 2023-10-15
View their other companies + combined net worth →
BUTT, Simon William Daniel→
Activedirector · ~58y · appointed 2010-10-21
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (32 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-dormant
accounts · AA
2023-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-28
appoint-person-director-company-with-name-date
officers · AP01
2023-10-16
accounts-with-accounts-type-dormant
accounts · AA
2023-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-16
accounts-with-accounts-type-dormant
accounts · AA
2022-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-17
accounts-with-accounts-type-dormant
accounts · AA
2021-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-20
accounts-with-accounts-type-dormant
accounts · AA
2020-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-26