ABILAS IT LTD

💤Zombieactive
08831918 · ltd · incorporated 2014-01-06
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 Jan 2025
Net worth
£10.5k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (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: strategic trade sale (65/100).

Data confidence

Overall: medium (76/100)

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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £10,498
Net assets shrinking
Down £2,727 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£10k
↓ 21% YoY
Current Assets
£33k
↓ 20% YoY
Current Liabilities
£0£8k£16k£25k£33k£41kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£11.1k£13.9k
Current assets£32.9k£41.1k
Net assets£10.5k£13.2k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-05-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-09-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-03-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  9. 2019-03-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2019-03-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2018-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-03-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2018-03-02
    SALIBA, Rachel appointed
    secretary
  14. 2018-03-02
    SALIBA, Terence John appointed
    director
  15. 2018-03-02
    SALIBA, Terry resigned
    director
  16. 2018-03-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2018-03-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2018-03-02
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  19. 2017-10-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2014-01-06
    🏢
    Company incorporated
    As ABILAS IT LTD
  21. 2014-01-06
    SALIBA, Terry appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
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.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Terence John Saliba
Individual · United Kingdom · DOB 01/1977 · age 49
75100%
75-100% shares03/12/2016

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 →
🔒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.

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Company details

Statusactive
Typeltd
Incorporated2014-01-06
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities

Registered office

5 Rilldene Walk
Rochdale
OL11 5WF
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-09
Last: 2025-12-26

Officers (2 active · 1 resigned)

SALIBA, Rachel
secretary · appointed 2018-03-02
View their other companies + combined net worth →
Active
SALIBA, Terence John
director · ~49y · appointed 2018-03-02
View their other companies + combined net worth →
Active
SALIBA, Terry
director · ~49y · appointed 2014-01-06 · resigned 2018-03-02
Resigned

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

Recent filings (32 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-02
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-11
change-person-secretary-company-with-change-date
officers · CH03
2019-03-06