ABC FUNDING LIMITED
🌳Matureactive
07876156 · ltd · incorporated 2011-12-08
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-14.4k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 6.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 6.8 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (74/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £14,413
Key financials
1 year extracted from filed iXBRL accountsCash
£192k
Net Worth
-£14k
Current Assets
£196k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|---|
| Total assets | £778.9k |
| Current assets | £195.5k |
| Cash | £192.2k |
| Debtors | £3.3k |
| Net assets | £-14.4k |
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
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-22📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-02-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-18📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-12-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-13🔒Charge registered #4Lender: Paragon Bank PLC
- 2024-07-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-18🔒Charge registered #3Lender: Monmouthshire Building Society
- 2024-04-16📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-04-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-03📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-03-03📄capital-name-of-class-of-sharescapital · SH08
- 2024-03-02📄memorandum-articlesincorporation · MA
- 2024-03-02📄resolutionresolution · RESOLUTIONS
- 2024-02-28📄capital-allotment-sharescapital · SH01
- 2024-02-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-23➕MENDELSON, Yael Leah appointeddirector
- 2023-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-22📄mortgage-create-with-deed-with-charles-court-order-extend-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-08🔒Charge registered #2Lender: One Savings Bank PLC Trading as Kent Reliance
- 2019-09-24🔒Charge registered #1Lender: Onesavings Bank
- 2011-12-08🏢Company incorporatedAs ABC FUNDING LIMITED
- 2011-12-08➕MENDELSON, Steven Joseph appointeddirector
- 2011-12-08➕KAHAN, Barbara appointeddirector
- 2011-12-08➖KAHAN, Barbara resigneddirector
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Yael Leah Mendelson Individual · British · DOB 11/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 03/03/2024 |
Mr Steven Joseph Mendelson Individual · British · DOB 12/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 →Similar companies
Active · Property · M postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AAA PROPERTIES (MCR) LTD→ 13128924 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AAMANAT PROPERTIES LTD→ 11311582 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AAMARI LIMITED→ 12461956 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AB GOLDEN PROPERTIES LTD→ 15275365 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABBAS WEALTH MANAGEMENT LIMITED→ 12982235 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABBASI RENTALS LIMITED→ 12483018 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ABE INVESTMENTS LTD→ 14151442 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABEDIN HOMES LTD→ 13503042 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABERDEEN BP ASSETS LIMITED→ 15392621 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ABERDEEN CAPITOL NOMINEES LIMITED→ 16437423 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABERDEEN CROWN ASSETS LIMITED→ 16647527 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABERDEEN DYCE NOMINEES LIMITED→ 14025172 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2011-12-08
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
52 Bury New Road
Prestwich
Manchester
M25 0JU
England
Filing status
Accounts
Next due: 2026-09-29
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11
Officers (2 active · 1 resigned)
MENDELSON, Steven Joseph→
Activedirector · ~65y · appointed 2011-12-08
View their other companies + combined net worth →
MENDELSON, Yael Leah→
Activedirector · ~58y · appointed 2024-02-23
View their other companies + combined net worth →
KAHAN, Barbara→
Resigneddirector · ~95y · appointed 2011-12-08 · resigned 2011-12-08
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
4
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 13/12/2024 | — | |
| outstanding | Monmouthshire Building Society | A registered charge | 1 property | 18/07/2024 | — | |
| outstanding | Kent Reliance / OSB One Savings Bank PLC Trading as Kent Reliance | A registered charge | 1 property | 08/04/2020 | — | |
| outstanding | Onesavings Bank | A registered charge | 1 property | 24/09/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (50 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-03
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-25
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-04-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-08
confirmation-statement
confirmation-statement · CS01
2024-03-22
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-03-03
capital-name-of-class-of-shares
capital · SH08
2024-03-03
memorandum-articles
incorporation · MA
2024-03-02