ABL PACKAGING LIMITED

🌳Matureactive
09142479 · ltd · incorporated 2014-07-22
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.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: SIC 25920
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 10.7y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 10.7 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
51
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 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
Average employees0200

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-08-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-28
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-04-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-06-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-01-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-03-28
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2020-12-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-11-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2017-11-01
    🔓
    Charge satisfied #4
  15. 2017-09-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2017-09-20
    🔓
    Charge satisfied #3
  17. 2017-08-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2017-08-24
    🔒
    Charge registered #4
    Lender: Kseye Capital No.1 Limited and Kseye Capital No.2 Limited
  19. 2016-10-20
    🔓
    Charge satisfied #2
  20. 2016-10-20
    🔓
    Charge satisfied #1
  21. 2016-10-14
    🔒
    Charge registered #3
    Lender: Kseye Capital No.2 Limited
  22. 2015-10-12
    🔒
    Charge registered #2
    Lender: Montello Private Finance General Partners Limited
  23. 2015-10-12
    🔒
    Charge registered #1
    Lender: Montello Private Finance General Parnters Limited
  24. 2014-11-07
    RAHMAN, Md Mahmudur appointed
    director
  25. 2014-07-22
    🏢
    Company incorporated
    As ABL PACKAGING LIMITED
  26. 2014-07-22
    RAHMAN, Enayetur appointed
    director

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high · 2 med ·
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

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-10-28: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Enayetur Rahman
Individual · Bangladeshi · DOB 11/1969 · age 57
75100%
75–100%75-100% shares · 75-100% voting31/07/2016

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 →

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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
Incorporated2014-07-22
Jurisdictionengland-wales
Primary SIC25920 — SIC 25920

Registered office

183-189 The Vale
London
W3 7RW
United Kingdom

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-10-08
Last: 2025-09-24

Officers (2 active · 0 resigned)

RAHMAN, Enayetur
director · ~57y · appointed 2014-07-22
View their other companies + combined net worth →
Active
RAHMAN, Md Mahmudur
director · ~47y · appointed 2014-11-07
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Kseye Capital No.1 and Kseye Capital No.2
Kseye Capital No.1 Limited and Kseye Capital No.2 Limited
A registered charge1 property24/08/201701/11/2017
satisfied
Kseye Capital No.2 / Kseye Capital No.1
Kseye Capital No.2 Limited / Kseye Capital No.1 Limited
A registered charge1 property14/10/201620/09/2017
satisfied
Montello Private Finance General Partners
Montello Private Finance General Partners Limited
A registered charge1 property12/10/201520/10/2016
satisfied
Montello Private Finance General Parnters
Montello Private Finance General Parnters Limited
A registered charge1 property12/10/201520/10/2016

Recent filings (37 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-20
certificate-change-of-name-company
change-of-name · CERTNM
2024-10-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-20
resolution
resolution · RESOLUTIONS
2021-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-12