ABBEY GARAGE (DEVON) LTD
💤Zombieactive
07837182 · ltd · incorporated 2011-11-07
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 Jun 2024
Net worth
£39.6k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 45400
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 3.3y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.3 years — mid-life; refi window approaching.
- · 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.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £39,575
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£40k
Current Assets
£113k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-06-29 | 2023-06-30 |
|---|---|---|
| Total assets | £186.5k | — |
| Current assets | £113.3k | — |
| Net assets | £39.6k | — |
| Average employees | — | 400 |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-10-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-01➕LAMBERT, Thomas appointeddirector
- 2025-09-01➖LAMBERT, Edward Charles resigneddirector
- 2025-03-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-01-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-10🔒Charge registered #1Lender: Allica Bank Limited
- 2022-12-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-24📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-20📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2017-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2011-11-07🏢Company incorporatedAs ABBEY GARAGE (DEVON) LTD
- 2011-11-07➕LAMBERT, Edward Charles appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
45/100
Moderate signalSome 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.
Red flags
cleanNo 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 Thomas Lambert Individual · English · DOB 04/1985 · age 41 | 75–100% | — | 75-100% shares | 01/09/2025 |
1 historic (ceased) PSC
- Mr Edward Charles Lambertceased 01/09/2025· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 999 HIRE AND AUTO REPAIRS LTD→ 11326639 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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| A39 AUTOBITS LIMITED→ 06529438 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
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| AARONBERG LTD→ 11844730 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ACE MOTORCYCLES LIMITED→ 11580622 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACM CAR SALES LTD→ 14468269 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2011-11-07
Jurisdictionengland-wales
Primary SIC45400 — SIC 45400
Registered office
Abbey Garage Abbey Road
Pilton
Barnstaple
Devon
EX31 1JU
Filing status
Accounts
Next due: 2026-06-29
Last made up to: 2024-06-29
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16
Officers (1 active · 1 resigned)
LAMBERT, Thomas→
Activedirector · ~41y · appointed 2025-09-01
View their other companies + combined net worth →
LAMBERT, Edward Charles→
Resigneddirector · ~39y · appointed 2011-11-07 · resigned 2025-09-01
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Allica Bank Allica Bank Limited | A registered charge | — | 10/01/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-15
termination-director-company-with-name-termination-date
officers · TM01
2025-09-05
appoint-person-director-company-with-name-date
officers · AP01
2025-09-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-24
change-person-director-company-with-change-date
officers · CH01
2022-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-24