ABAX UK LIMITED

🌳Matureactive

07764543 · ltd · incorporated 2011-09-06

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£103.8k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 30990

Sector: Manufacturing

ALSO REGISTERED FOR

62012Business and domestic software development
63110Data processing, hosting and related activities

Investor take

Pursue

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

Opportunity 80/100 (exceptional), 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: Cash flow review and working-capital discipline. Cash down -75% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 8.8y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 8.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

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

Company profile

address, 3 SIC codes, incorporation date

100

Financials

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

11 officers (2 active, 11 linked, 10 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

3 connected companies via shared directors

Filing history

79 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £103,786

Cash draining

Cash down 75% YoY

Cash YoY

-75%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£92k

↓ 75% YoY

Net Worth

£104k

↑ 169% YoY

Current Assets

£1.5m

↓ 21% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Total assets	£367.2k	£230.4k
Current assets	£1.46M	£1.85M
Cash	£91.8k	£370.1k
Debtors	£1.25M	£1.31M
Net assets	£103.8k	£-150.6k

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

🔒Filing-note intelligence

2 signals 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

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (43 events)Click to expand

2026-01-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-01
➕
HOLMOY, Lars Raastad appointed
director
2025-12-01
➖
MOE, John resigned
director
2025-07-02
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-27
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-06-03
📄
accounts-with-accounts-type-small
accounts · AA
2024-06-03
📄
accounts-with-accounts-type-small
accounts · AA
2023-12-07
📄
resolution
resolution · RESOLUTIONS
2023-11-27
📄
capital-allotment-shares
capital · SH01
2023-10-24
📄
change-person-director-company-with-change-date
officers · CH01
2023-10-24
📄
change-person-director-company-with-change-date
officers · CH01
2023-10-24
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-23
📄
change-person-director-company-with-change-date
officers · CH01
2023-10-23
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-30
➕
MEAKIN, Janice Lyn appointed
director
2023-06-30
➖
JACOBSEN, Knut Harald resigned
director
2023-06-30
➕
MOE, John appointed
director
2023-06-30
➖
STRAND, Morten Ditlev resigned
director
2023-06-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-26
📄
accounts-with-accounts-type-small
accounts · AA
2022-12-13
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-11-01
➕
JACOBSEN, Knut Harald appointed
director
2022-11-01
➖
NORTON, David Gerard resigned
director
2021-01-21
➖
MEAKIN, Janice resigned
secretary
2019-01-24
➕
MEAKIN, Janice appointed
secretary
2019-01-24
➖
MILLER, Christopher John resigned
director
2019-01-24
➕
NORTON, David Gerard appointed
director
2019-01-24
➕
STRAND, Morten Ditlev appointed
director
2017-08-22
🔒
Charge registered #1
Lender: Skandinaviska Enskilda Banken Ab (Publ)
2015-12-01
➕
MILLER, Christopher John appointed
director
2015-12-01
➖
YSTENES, Frank Roger resigned
director
2014-02-26
➖
HELGELAND, Bjorn Erik resigned
director
2013-04-19
➖
BUTTON, David Michael resigned
director
2011-10-26
➕
BUTTON, David Michael appointed
director
2011-10-26
➕
HELGELAND, Bjorn Erik appointed
director
2011-09-06
🏢
Company incorporated
As ABAX UK LIMITED
2011-09-06
➕
YSTENES, Frank Roger appointed
director

Owner dependency

66/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

46/100

Moderate signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Triplog Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Triplog Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

ABAX UK LIMITED

This company · 07764543

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Triplog Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	27/06/2025

2 historic (ceased) PSCs

Abax Asceased 27/06/2025· 75-100% shares · 75-100% voting
Petter Quinsgaardceased 24/01/2019· significant influence

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 →

Similar companies

Active · Manufacturing · PE postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AGV MACHINERY SERVICES LIMITED→ 04455120 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
AH WINDOWS LIMITED→ 08567886 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
AIR-SWITCH LIMITED→ 13821578 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
AJ ENGINEERSERVICE LTD→ 16654025 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AJO DESIGNS LIMITED→ 10938233 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
AK SPORTSCARS LIMITED→ 07232354 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
ALBION DOCK COMPANY LIMITED→ 10582057 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
ALFIEH LTD→ 15180646 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ALIAXIS UK LIMITED→ 01698059 · est 1983 · no financials extracted	—	—	—	—	43y	—	—
ALIBULK SYSTEMS LIMITED→ 11716523 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ALIMATIC ARCHITECTURAL ALUMINIUM SYSTEMS LIMITED→ 07856501 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
ALL-TECH ELECTRICAL&MECHANICAL LTD→ 11710613 · est 2018 · no financials extracted	—	—	—	—	7y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2011-09-06

Jurisdictionengland-wales

Primary SIC30990 — SIC 30990

Registered office

Allia Business Centre Peterborough United Football Club

London Road

Peterborough

PE2 8AN

United Kingdom

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-01-03

Last: 2025-12-20

Officers (2 active · 9 resigned)

HOLMOY, Lars Raastad→

director · ~45y · appointed 2025-12-01

View their other companies + combined net worth →

Active

MEAKIN, Janice Lyn→

director · ~58y · appointed 2023-06-30

View their other companies + combined net worth →

Active

MEAKIN, Janice→

secretary · appointed 2019-01-24 · resigned 2021-01-21

Resigned

BUTTON, David Michael→

director · ~60y · appointed 2011-10-26 · resigned 2013-04-19

Resigned

HELGELAND, Bjorn Erik→

director · ~53y · appointed 2011-10-26 · resigned 2014-02-26

Resigned

JACOBSEN, Knut Harald→

director · ~48y · appointed 2022-11-01 · resigned 2023-06-30

Resigned

MILLER, Christopher John→

director · ~39y · appointed 2015-12-01 · resigned 2019-01-24

Resigned

MOE, John→

director · ~63y · appointed 2023-06-30 · resigned 2025-12-01

Resigned

NORTON, David Gerard→

director · ~49y · appointed 2019-01-24 · resigned 2022-11-01

Resigned

STRAND, Morten Ditlev→

director · ~61y · appointed 2019-01-24 · resigned 2023-06-30

Resigned

YSTENES, Frank Roger→

director · ~58y · appointed 2011-09-06 · resigned 2015-12-01

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Skandinaviska Enskilda Banken Ab (Publ)	A registered charge	—	22/08/2017	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (79 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-01-21

appoint-person-director-company-with-name-date

officers · AP01

2026-01-10

termination-director-company-with-name-termination-date

officers · TM01

2025-12-05

change-to-a-person-with-significant-control

persons-with-significant-control · PSC05

2025-07-02

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-06-27

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2025-06-27

accounts-with-accounts-type-small

accounts · AA

2025-06-03

confirmation-statement-with-updates

confirmation-statement · CS01

2025-01-02

accounts-with-accounts-type-small

accounts · AA

2024-06-03

confirmation-statement-with-updates

confirmation-statement · CS01

2024-01-02

resolution

resolution · RESOLUTIONS

2023-12-07

capital-allotment-shares

capital · SH01

2023-11-27

change-person-director-company-with-change-date

officers · CH01

2023-10-24

change-person-director-company-with-change-date

officers · CH01

2023-10-24

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-10-24