ABACONS GLOBAL SERVICES LIMITED

🚨Distressedactive
08486588 · ltd · incorporated 2013-04-12
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Jul 2024
Net worth
£-31.9k
book net assets
Opportunity
54/100
Worth a look
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What this business does
Primary activity: Human resources provision and management of human resources functions
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £31,859

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£32k
↑ 1.6% YoY
Current Assets
£5k
↓ 13% YoY
Current Liabilities
-£32k-£25k-£17k-£9k-£2k£6kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£9.1k£9.0k
Current assets£5.3k£6.2k
Net assets£-31.9k£-32.4k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-04-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2021-04-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2020-06-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2019-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-01-29
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  9. 2018-01-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-05-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-05-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-04-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2015-01-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-04-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2013-04-12
    🏢
    Company incorporated
    As ABACONS GLOBAL SERVICES LIMITED
  18. 2013-04-12
    ADEDAYO, Ayodeji Oladipo appointed
    director

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

53/100
Moderate signal

Some 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.
  • secondary12+ year tenure: Director in role 13 years.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-26

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ayodeji Adedayo
Individual · Nigerian · DOB 08/1974 · age 52
75100%
75-100% shares06/04/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2013-04-12
Jurisdictionengland-wales
Primary SIC78300 — Human resources provision and management of human resources functions

Registered office

2 Viewpoint West Street
Grays
Essex
RM17 6XG

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-04-26OVERDUE
Last: 2025-04-12

Officers (1 active · 0 resigned)

ADEDAYO, Ayodeji Oladipo
director · ~52y · appointed 2013-04-12
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (26 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-04-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-23
change-account-reference-date-company-previous-extended
accounts · AA01
2019-01-29