ABACUS 1 (UK) LTD

🚨Distressedactive
07717160 · ltd · incorporated 2011-07-25
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Jul 2024
Net worth
£-9.2k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Activities of mortgage finance companies
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

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, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £9,188

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£9k
↑ 81% YoY
Current Assets
Current Liabilities
-£47k-£40k-£32k-£25k-£17k-£9kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-07-312023-07-31
Total assets£-9.2k£-47.5k
Net assets£-9.2k£-47.5k

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
2
filings
  • 1 gazette
  • 1 dissolution
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-06-09
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-05-28
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-04-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-04-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-08-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-04-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-08-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2011-07-25
    🏢
    Company incorporated
    As ABACUS 1 (UK) LTD
  17. 2011-07-25
    MORRIS, Lisa Clare appointed
    director
  18. 2011-07-25
    JACOBS, Yomtov Eliezer appointed
    director
  19. 2011-07-25
    JACOBS, Yomtov Eliezer resigned
    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

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

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.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Lisa Clare Morris
Individual · British · DOB 09/1969 · age 57
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

9 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
Incorporated2011-07-25
Jurisdictionengland-wales
Primary SIC64922 — Activities of mortgage finance companies

Registered office

Ironmaster House
37 Wyle Cop
Shrewsbury
Shropshire
SY1 1XF

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-05
Last: 2025-07-22

Officers (1 active · 1 resigned)

MORRIS, Lisa Clare
director · ~57y · appointed 2011-07-25
View their other companies + combined net worth →
Active
JACOBS, Yomtov Eliezer
director · ~56y · appointed 2011-07-25 · resigned 2011-07-25
Resigned

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

Recent filings (32 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-06-09
dissolution-application-strike-off-company
dissolution · DS01
2026-05-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2019-08-05