ABARTECH LIMITED

🌳Matureactive
07988946 · ltd · incorporated 2012-03-13
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 6.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-4.5k
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 28990
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 6.0y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 6.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
33 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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £4,533
Net assets shrinking
Down £7,890 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£5k
↓ 235% YoY
Current Assets
£30k
↓ 34% YoY
Current Liabilities
—
-£5k£5k£15k£25k£35k£45kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-4.5k£3.4k
Current assets£29.7k£45.0k
Net assets£-4.5k£3.4k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-31
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  4. 2023-10-24
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  5. 2023-06-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-06-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-11-09
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  8. 2021-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-06-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2020-06-23
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC
  12. 2019-05-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-07-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-07-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-03-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2012-03-13
    🏢
    Company incorporated
    As ABARTECH LIMITED
  18. 2012-03-13
    ➕
    CRAGG, Mercedes Tracey appointed
    secretary
  19. 2012-03-13
    ➕
    CRAGG, Mark Simon appointed
    director
  20. 2012-03-13
    ➕
    CRAGG, Michelle Tracey appointed
    director

Owner dependency

81/100
Critical — business is the founder

The 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 signal

Multiple 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 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Mark Simon Cragg
Individual · British · DOB 12/1961 · age 65
25–50%
—25-50% shares06/04/2016
Mrs Michelle Tracey Cragg
Individual · British · DOB 02/1963 · age 63
25–50%
—25-50% shares06/04/2016

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 · Manufacturing · LL postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
316 MARINE FABRICATION LIMITED→
14739112 · est 2023 · no financials extracted
————3y——
ADENNILL CYF.→
12015087 · est 2019 · no financials extracted
————6y——
ADVANCE ENGINEERING SERVICES LIMITED→
05052796 · est 2004 · no financials extracted
————22y——
ADVANCE TECHNOLOGY SOLUTIONS LTD→
10953609 · est 2017 · no financials extracted
————8y——
ADVANCED TECH MARINE LTD→
13861534 · est 2022 · no financials extracted
————4y——
AGM PLASTICS LIMITED→
06119876 · est 2007 · no financials extracted
————19y——
AGM PRINTERS LIMITED→
03329508 · est 1997 · no financials extracted
————29y——
AI GLOBAL ROBOTICS LTD→
14090871 · est 2022 · no financials extracted
————3y——
AIR COVERS LIMITED→
05741442 · est 2006 · no financials extracted
————20y——
AJJ FIRE LIMITED→
15479520 · est 2024 · no financials extracted
————2y——
ALAN R JONES STONEMASONRY LIMITED→
06018266 · est 2006 · no financials extracted
————19y——
ALCHEMY TECHNICAL CONSULTING LIMITED→
04223323 · est 2001 · no financials extracted
————24y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2012-03-13
Jurisdictionwales
Primary SIC28990 — SIC 28990

Registered office

62 Meliden Road
Prestatyn
Denbighshire
LL19 9SE

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-27
Last: 2026-03-13

Officers (3 active · 0 resigned)

CRAGG, Mercedes Tracey→
secretary · appointed 2012-03-13
View their other companies + combined net worth →
Active
CRAGG, Mark Simon→
director · ~65y · appointed 2012-03-13
View their other companies + combined net worth →
Active
CRAGG, Michelle Tracey→
director · ~63y · appointed 2012-03-13
View their other companies + combined net worth →
Active

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
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property23/06/2020—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (33 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-10-31
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-10-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-13
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2021-11-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-29