ABLEWHITE LETTINGS LTD
💤Zombieactive
07437439 · ltd · incorporated 2010-11-11
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 Mar 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 68-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
25 live charges · 4 lenders · oldest 9.2y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
25 charges (25/25 with lender, 25/25 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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
0
filings
Last 180 days
5
filings
- • 2 mortgage
- • 1 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
- 2026-03-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-10🔒Charge registered #25Lender: Shawbrook Bank Limited
- 2026-03-10🔒Charge registered #24Lender: Shawbrook Bank Limited
- 2026-01-14📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-03🔒Charge registered #23Lender: Shawbrook Bank Limited
- 2025-11-03🔒Charge registered #22Lender: Shawbrook Bank Limited
- 2025-11-03🔒Charge registered #21Lender: Shawbrook Bank Limited
- 2025-10-31🔒Charge registered #20Lender: Shawbrook Bank Limited
- 2025-06-16📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-08🔒Charge registered #19Lender: Interbay Funding Limited
- 2022-11-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-29🔒Charge registered #18Lender: Paragon Bank PLC
- 2022-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-07-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-05🔒Charge registered #17Lender: Paratus Amc Limited
- 2022-07-05🔒Charge registered #16Lender: Paratus Amc Limited
- 2022-07-05🔒Charge registered #15Lender: Paratus Amc Limited
- 2022-07-05🔒Charge registered #14Lender: Paratus Amc Limited
- 2022-07-05🔒Charge registered #13Lender: Paratus Amc Limited
- 2022-07-05🔒Charge registered #12Lender: Paratus Amc Limited
- 2022-07-05🔒Charge registered #11Lender: Paratus Amc Limited
- 2022-07-05🔒Charge registered #10Lender: Paratus Amc Limited
- 2022-06-17🔒Charge registered #7Lender: Paratus Amc Limited
- 2022-06-15🔒Charge registered #9Lender: Paratus Amc Limited
- 2022-06-15🔒Charge registered #8Lender: Paratus Amc Limited
- 2022-06-15🔒Charge registered #6Lender: Paratus Amc Limited
- 2022-06-15🔒Charge registered #5Lender: Paratus Amc Limited
- 2022-02-21🔒Charge registered #4Lender: Paratus Amc Limited
- 2022-02-21🔒Charge registered #3Lender: Paratus Amc Limited
- 2017-03-20🔒Charge registered #2Lender: Shawbrook Bank Limited
- 2017-03-20🔒Charge registered #1Lender: Shawbrook Bank Limited
- 2010-11-11🏢Company incorporatedAs ABLEWHITE LETTINGS LTD
- 2010-11-11➕ABLEWHITE, Benjamin Peter appointedsecretary
- 2010-11-11➕ABLEWHITE, Gary Arthur appointeddirector
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "ABLEWHITE" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
1 med · 1 low6 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-10: A registered charge; 2026-03-10: A registered charge; 2025-11-03: A registered charge
25 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gary Arthur Ablewhite Individual · British · DOB 07/1958 · age 68 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr Benjamin Peter Ablewhiteceased 28/02/2021· 25-50% shares
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 →Similar companies
Active · Property · NR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AAIQ ASSOCIATES LTD→ 09858924 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABBEY PROPERTY GROUP HOLDINGS LTD→ 12010617 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABBOTTS DEVELOPMENTS LTD→ 13209271 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ABBOTTS PROPERTY INVESTMENTS LTD→ 13573559 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABBOTTS PROPERTY LETTINGS LTD→ 13209202 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ABDC PROPERTY LIMITED→ 14881759 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABHAY PROPERTIES LTD→ 12028144 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABNA PROPERTY LTD→ 10733906 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ABODE ABILITY LTD→ 15985109 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABODE AUCTIONS LTD→ 14605555 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ABSTINENCE LIMITED→ 12415262 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ACE 3 PROPERTIES LIMITED→ 12345222 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2010-11-11
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
1st Floor Woburn House
84 St. Benedicts Street
Norwich
NR2 4AB
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-13
Last: 2025-07-30
Officers (2 active · 0 resigned)
ABLEWHITE, Benjamin Peter→
Activesecretary · appointed 2010-11-11
View their other companies + combined net worth →
ABLEWHITE, Gary Arthur→
Activedirector · ~68y · appointed 2010-11-11
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
25
Total charges
25
Outstanding
4
Active lenders
Status:Lender:25 of 25 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 10/03/2026 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 10/03/2026 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 03/11/2025 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 03/11/2025 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 03/11/2025 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 31/10/2025 | — | |
| outstanding | InterBay Interbay Funding Limited | A registered charge | 3 properties | 08/03/2023 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 29/11/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 05/07/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 05/07/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 05/07/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 05/07/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 05/07/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 05/07/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 05/07/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 05/07/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 17/06/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 15/06/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 15/06/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 15/06/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 3 properties | 15/06/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 21/02/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 21/02/2022 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 20/03/2017 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 20/03/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (82 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-11
change-person-director-company-with-change-date
officers · CH01
2026-01-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-20
change-person-director-company-with-change-date
officers · CH01
2025-06-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-16