ABS GURKHA LTD
💤Zombieactive
08178720 · ltd · incorporated 2012-08-14
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 Aug 2025
Net worth
£38.7k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 68100Buying and selling of own real estate
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 10.9y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
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 · accounting standard not declaredPositive net assets
Net assets £38,717
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£39k
↑ 12% YoY
Current Assets
£4k
↑ 25% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £52.4k | £54.1k |
| Current assets | £4.2k | £3.4k |
| Net assets | £38.7k | £34.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
3
filings
- • 1 mortgage
- • 1 accounts
- • 1 address
Last 180 days
3
filings
- • 1 mortgage
- • 1 accounts
- • 1 address
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-05-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-05-08🔒Charge registered #2Lender: Interbay Funding, LTD.
- 2026-04-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-05-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-07-24🔒Charge registered #1Lender: National Westminster Bank PLC
- 2013-05-31➕GURUNG, Asha Devi appointedsecretary
- 2012-08-14🏢Company incorporatedAs ABS GURKHA LTD
- 2012-08-14➕GURUNG, Buddhi Bahadur appointeddirector
Owner dependency
88/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Buddhi Bahadur Gurung Individual · British · DOB 10/1964 · age 62 | 50–75% | — | 50-75% shares | 14/08/2016 |
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 · Hospitality · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A LOT LESS ORDINARY LTD→ 10846412 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AAK PIZZA LTD→ 17106890 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AASER LTD LIMITED→ 16576448 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACRE HOUSING→ 02677365 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
| ACTIVE NOMADS LTD→ 15890021 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AFTERNOON TEA COLLECTIVE LTD→ 16393193 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AHG 46 LTD→ 15282169 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AHMAD CATERING SERVICES LTD→ 16422727 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AHMEDWAQAS LIMITED→ 14678086 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AJS PIRI PIRI LIMITED→ 02602532 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| AK&Y LIMITED→ 16768694 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AL FORNO HENLEY LTD→ 10279868 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2012-08-14
Jurisdictionengland-wales
Primary SIC55900 — Other accommodation
Registered office
51 Swepstone Close
Lower Earley
Reading
RG6 3EY
England
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18
Officers (2 active · 0 resigned)
Active
GURUNG, Buddhi Bahadur→
Activedirector · ~62y · appointed 2012-08-14
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | InterBay Interbay Funding, LTD. | A registered charge | 2 properties | 08/05/2026 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 24/07/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (33 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-12
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-26