ABER HEATING ENGINEER'S LTD
🌳Matureactive
07900404 · ltd · incorporated 2012-01-06
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£2.82M
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
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. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 2.4y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.4 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
33 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 £2,824,260
Cash YoY
+40%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2.2m
↑ 40% YoY
Net Worth
£2.8m
↑ 39% YoY
Current Assets
£2.8m
↑ 54% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £2.88M | £2.11M |
| Current assets | £2.77M | £1.80M |
| Cash | £2.18M | £1.55M |
| Debtors | £564.0k | £141.6k |
| Net assets | £2.82M | £2.04M |
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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-01-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-05🔒Charge registered #1Lender: John Daniel Vincent Morgans and Alison Morgans
- 2023-12-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-12-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-28📄change-person-director-company-with-change-dateofficers · CH01
- 2016-01-28📄change-person-director-company-with-change-dateofficers · CH01
- 2012-01-06🏢Company incorporatedAs ABER HEATING ENGINEER'S LTD
- 2012-01-06➕SANDFORD, Jenna Louisa appointeddirector
- 2012-01-06➕SANDFORD, Robert Mark appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 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 |
|---|---|---|---|---|
Mr Robert Mark Sandford Individual · British · DOB 06/1973 · age 53 | 25–50% | — | 25-50% shares | 01/06/2016 |
Mrs Jenna Louisa Sandford Individual · British · DOB 07/1984 · age 42 | 25–50% | — | 25-50% shares | 01/06/2016 |
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 · Construction · SY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & HF CONSTRUCTION LTD→ 14126881 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A C LISTER ELECTRICAL LTD→ 12391138 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| A FOX PLASTERING LIMITED→ 04808093 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A G H CONTRACT SERVICES LIMITED→ 05084291 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| A HEALY LTD→ 14244167 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A.H. BENNETT & CO. (BUILDERS) LIMITED→ 00634926 · est 1959 · no financials extracted | — | — | — | — | 66y | — | — |
| A2B SCAFFOLDING SERVICE'S LTD→ 12521632 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| A7 RENEWABLES LIMITED→ 14060971 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABACUS PLUMBING & GENERAL BUILDERS LTD→ 06270999 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ABBEY PLUMBING & HEATING SHROPSHIRE LIMITED→ 12132230 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABER DEVELOPMENTS LIMITED→ 04455730 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ABER GLAZIERS LIMITED→ 11757538 · est 2019 · 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
Incorporated2012-01-06
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
Unit 2.4 Glan Yr Afon Industrial Estate
Llanbadarn Fawr
Aberystwyth
SY23 3JQ
Wales
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-19
Last: 2025-06-05
Officers (2 active · 0 resigned)
SANDFORD, Jenna Louisa→
Activedirector · ~42y · appointed 2012-01-06
View their other companies + combined net worth →
SANDFORD, Robert Mark→
Activedirector · ~53y · appointed 2012-01-06
View their other companies + combined net worth →
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 | John Daniel Vincent Morgans and Alison Morgans | A registered charge | 1 property | 05/01/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (33 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-01-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-12