ABOVE BOARD (SOLENT) LIMITED
Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -31% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 6.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £362.2k | £749.4k |
| Current assets | £1.52M | £1.77M |
| Cash | £32.1k | £46.8k |
| Debtors | £16.2k | £95.8k |
| Net assets | £180.8k | £452.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (18 events)Click to expand
- 2025-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-01📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2022-03-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-05-19🔒Charge registered #1Lender: Santander UK PLC as Security Trustee
- 2019-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-12🏢Company incorporatedAs ABOVE BOARD (SOLENT) LIMITED
- 2014-11-12➕JONES, Anthony Douglas appointeddirector
- 2014-11-12📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Anthony Douglas Jones Individual · British · DOB 10/1977 · age 49 | 75–100% | — | 75-100% shares | 09/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC as Security Trustee | A registered charge | 1 property | 19/05/2020 | — |