AAB CONVEYORS LTD
💤Zombieactive
08867412 · ltd · incorporated 2014-01-29
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
£7.9k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle with a 74-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -61% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £7,900
Cash draining
Cash down 61% YoY
Cash YoY
-61%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 61% YoY
Net Worth
£8k
↑ 1.7% YoY
Current Assets
£5k
↓ 63% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £9.7k | £12.0k |
| Current assets | £4.7k | £12.8k |
| Cash | £3.0k | £7.5k |
| Debtors | £893 | £340 |
| Net assets | £7.9k | £7.8k |
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 (19 events)Click to expand
- 2025-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-11-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-11-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-11-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-11-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-11-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-01➕CURRY, Ronald John appointeddirector
- 2017-04-01➖BATES, Amanda resigneddirector
- 2014-01-29🏢Company incorporatedAs AAB CONVEYORS LTD
- 2014-01-29➕BATES, Amanda appointeddirector
Owner dependency
90/100
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.
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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 Ronald John Curry Individual · British · DOB 05/1952 · age 74 | — | — | sig. influencesignificant influence | 01/04/2017 |
1 historic (ceased) PSC
- Mrs Amanda Batesceased 01/04/2017· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · DH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BROOMCO ACORN LTD→ 15993008 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BROWN SAW LIMITED→ 16733056 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BROWN'S BOATHOUSE LIMITED→ 01242366 · est 1976 · no financials extracted | — | — | — | — | 50y | — | — |
| CALLTRONICS LIMITED→ 05181242 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| CAR-TECH PRESTIGE LIMITED→ 06451407 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| CARTMAN ELECTRICAL ENGINEERS LIMITED→ 16666714 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CATERING UNITS AND VAN CONVERSIONS LIMITED→ 13805983 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CAV ADVANCED TECHNOLOGIES LIMITED→ 06714060 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CB MACHINING SOLUTIONS LTD→ 16891138 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CD PRINTING SERVICES LIMITED→ 17009924 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CDH MAINTENANCE LIMITED→ 14789490 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CHAPTER 6 INC LIMITED→ 03740347 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2014-01-29
Jurisdictionengland-wales
Primary SIC33120 — Repair of machinery
Registered office
20 Barley Mill Road
Consett
DH8 8JP
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29
Officers (1 active · 1 resigned)
CURRY, Ronald John→
Activedirector · ~74y · appointed 2017-04-01
View their other companies + combined net worth →
BATES, Amanda→
Resigneddirector · ~51y · appointed 2014-01-29 · resigned 2017-04-01
Click a director name to see their full track record across all companies.
Recent filings (30 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-08