ABOUND ELECTRONICS LTD.

💤Zombieactive
07570357 · ltd · incorporated 2011-03-18
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 Dec 2024
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Other information service activities n.e.c.
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Average employees100

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-22
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  3. 2024-07-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-06-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-02-17
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  6. 2023-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-01-11
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  8. 2023-01-11
    📄
    legacy
    capital · SH20
  9. 2023-01-11
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2023-01-11
    ⚠️
    legacy
    insolvency · CAP-SS
  11. 2022-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-10-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2022-10-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2022-10-16
    BORELLI, Adrian resigned
    secretary
  15. 2022-06-14
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  16. 2021-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-10-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2021-10-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2021-05-06
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  20. 2018-06-04
    BORELLI, Adrian appointed
    secretary
  21. 2018-06-04
    SEXTON, Senan resigned
    secretary
  22. 2018-06-04
    SEXTON, Senan resigned
    director
  23. 2016-03-10
    BERGOT, Kevin resigned
    director
  24. 2014-08-10
    BORELLI, Esteban appointed
    director
  25. 2014-04-10
    HYLAND, John resigned
    director
  26. 2011-03-18
    🏢
    Company incorporated
    As ABOUND ELECTRONICS LTD.
  27. 2011-03-18
    SEXTON, Senan appointed
    secretary
  28. 2011-03-18
    BERGOT, Kevin appointed
    director
  29. 2011-03-18
    HYLAND, John appointed
    director
  30. 2011-03-18
    SEXTON, Senan appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

60/100
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.
  • secondaryStable-but-static management: Company is 15 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 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2023-01-11: legacy

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Esteban Borelli
Individual · Spanish · DOB 06/1984 · age 42
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/02/2017
1 historic (ceased) PSC
  • Travel Joy Hostels Limitedceased 01/12/2017· 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2011-03-18
Jurisdictionengland-wales
Primary SIC63990 — Other information service activities n.e.c.

Registered office

6th Floor Amp House
Dingwall Road
Croydon
CR0 2LX
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-04
Last: 2026-01-21

Officers (1 active · 5 resigned)

BORELLI, Esteban
director · ~42y · appointed 2014-08-10
View their other companies + combined net worth →
Active
BORELLI, Adrian
secretary · appointed 2018-06-04 · resigned 2022-10-16
Resigned
SEXTON, Senan
secretary · appointed 2011-03-18 · resigned 2018-06-04
Resigned
BERGOT, Kevin
director · ~38y · appointed 2011-03-18 · resigned 2016-03-10
Resigned
HYLAND, John
director · ~50y · appointed 2011-03-18 · resigned 2014-04-10
Resigned
SEXTON, Senan
director · ~52y · appointed 2011-03-18 · resigned 2018-06-04
Resigned

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

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-21
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2024-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-26
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2024-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-21
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2023-01-11
legacy
capital · SH20
2023-01-11
resolution
resolution · RESOLUTIONS
2023-01-11
legacy
insolvency · CAP-SS
2023-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-31