AB-FLATMATE LTD
Opportunity 75/100 (strong), bankability 80/100. 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).
Refinance opportunity
1 live charge · oldest 6.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £171.7k | £206.1k |
| Current assets | £302.8k | £302.8k |
| Cash | £18.5k | £18.5k |
| Debtors | £284.3k | £284.3k |
| Net assets | £30.1k | £64.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (26 events)Click to expand
- 2025-08-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-26📄gazette-notice-compulsorygazette · GAZ1
- 2024-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-06-17🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2020-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-04-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-04-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-04-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-04-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-01-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-01-28➕ALBA CORTES, Gustavo Alejandro appointeddirector
- 2020-01-23➖ALLOUCHE, Roger resigneddirector
- 2020-01-23➖BENHAMOU, Gregg resigneddirector
- 2019-04-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-03-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-06-13➖AMEDIA LTD resignedcorporate-secretary
- 2011-06-07🏢Company incorporatedAs AB-FLATMATE LTD
- 2011-06-07➕AMEDIA LTD appointedcorporate-secretary
- 2011-06-07➕ALLOUCHE, Roger appointeddirector
- 2011-06-07➕BENHAMOU, Gregg appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gustavo Alejandro Alba Cortes Individual · British · DOB 03/1987 · age 39 | 75–100% | — | 75-100% shares | 23/01/2020 |
2 historic (ceased) PSCs
- Mr Roger Alloucheceased 23/01/2020· 25-50% shares · 25-50% voting · board control
- Mr Gregg Benhamouceased 23/01/2020· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 17/06/2020 | — |