ABLE 2 PLUMBING LIMITED

💤Zombieactive

07715132 · ltd · incorporated 2011-07-22

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 Jul 2025

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: SIC 99999

Sector: Extraterritorial bodies

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (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 (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, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

31 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-07-31	2024-07-31

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (17 events)Click to expand

2025-08-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-08-02
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-08-01
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-08-05
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-08-06
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-08-05
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-08-01
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-08-07
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-08-03
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-09-05
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-08-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-08-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2014-09-16
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-08-20
📄
accounts-with-accounts-type-dormant
accounts · AA
2011-07-22
🏢
Company incorporated
As ABLE 2 PLUMBING LIMITED
2011-07-22
➕
FENLON, James appointed
director

Owner dependency

88/100

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.
+Senior director age: Director aged approximately 60 — approaching natural succession window.
+No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

68/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 15 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No 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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr James Fenlon Individual · British · DOB 01/1966 · age 60	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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ACTIVE ELECTRICAL LIMITED→ 06405057 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
ACTIVE ELECTRICIANS LIMITED→ 06404328 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
ACTIVE HEATING AND PLUMBING SERVICES LIMITED→ 06388419 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
ACTIVE KEYHOLDING LIMITED→ 06897716 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
ACTIVE LOCKSMITHS LIMITED→ 05750894 · est 2006 · no financials extracted	—	—	—	—	20y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2011-07-22

Jurisdictionengland-wales

Primary SIC99999 — SIC 99999

Registered office

11 Castle Hill

Maidenhead

Berkshire

SL6 4AA

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-08-05

Last: 2025-07-22

Officers (1 active · 0 resigned)

FENLON, James→

director · ~60y · appointed 2011-07-22

View their other companies + combined net worth →

Active

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