ABATE LTD

💤Zombieactive
07618793 · ltd · incorporated 2011-05-03
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 May 2025
Net worth
£1
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (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: 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).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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 (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
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 £1

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£1
~ YoY
Current Assets
—
Current Liabilities
—
£0£0£0£1£1£1May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£1£1
Net assets£1£1

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

Recent activity

Last 30 days
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-11-26
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2025-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-04-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-04-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-04-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-04-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-04-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-09-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-09-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-09-23
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2021-05-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2020-05-04
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2020-05-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-05-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2020-05-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2012-05-03
    ➖
    FINANCIAL NEGOTIATION LIMITED resigned
    corporate-secretary
  20. 2011-05-03
    🏢
    Company incorporated
    As ABATE LTD
  21. 2011-05-03
    ➕
    YATES, Stephen David appointed
    director
  22. 2011-05-03
    ➕
    FINANCIAL NEGOTIATION LIMITED appointed
    corporate-secretary

Owner dependency

85/100
Critical — business is the founder

The 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.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
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.
  • secondary12+ year tenure: Director in role 15 years.
  • 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 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-11-26: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stephen David Yates
Individual · British · DOB 08/1981 · age 45
75–100%
—75-100% shares06/04/2016

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

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 →
🔒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
Incorporated2011-05-03
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

C/O Forensix Fort Dunlop
Fort Parkway
Birmingham
West Midlands
B24 9FE
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-17
Last: 2026-05-03

Officers (1 active · 1 resigned)

YATES, Stephen David→
director · ~45y · appointed 2011-05-03
View their other companies + combined net worth →
Active
FINANCIAL NEGOTIATION LIMITED→
corporate-secretary · appointed 2011-05-03 · resigned 2012-05-03
Resigned

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

Recent filings (56 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-03
certificate-change-of-name-company
change-of-name · CERTNM
2025-11-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-17
change-person-director-company-with-change-date
officers · CH01
2025-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-14