ABSOLUTE BUILDING (SERVICES) LTD

📉Decliningactive
09361200 · ltd · incorporated 2014-12-18
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.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
Upgrade to see
Turnover
£63.0k
year to Mar 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Plastering
Sector: Construction
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and bankable structure.

Opportunity 73/100 (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 (70/100).

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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
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
Profitable
Profit before tax £6,022
Turnover YoY
-8%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Turnover£63.0k£68.7k
Gross profit£45.0k£46.5k
Profit before tax£6.0k£7.5k
Average employees100100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 signals 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 (18 events)Click to expand
  1. 2026-01-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-01-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-08-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-10-17
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  11. 2019-05-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2018-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2014-12-18
    🏢
    Company incorporated
    As ABSOLUTE BUILDING (SERVICES) LTD
  17. 2014-12-18
    BRITANNIA ACCOUNTANCY & TAX SERVICES LTD appointed
    corporate-secretary
  18. 2014-12-18
    PATILLA, Lloyd Ross 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 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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 Lloyd Ross Patilla
Individual · British · DOB 12/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

Similar companies

Active · Construction · PO postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
3554 AMUN LTD
15162810 · est 2023 · no financials extracted
2y
A.CLEMENTS BUILDING LIMITED
11522714 · est 2018 · no financials extracted
7y
A1 BRICKWORK LIMITED
05417488 · est 2005 · no financials extracted
21y
AA CONTRACTORS SOUTHERN LIMITED
15778379 · est 2024 · no financials extracted
1y
ABESIN GROUNDWORKS LIMITED
14668705 · est 2023 · no financials extracted
3y
ABLE STEEL FABRICATIONS LTD
03010550 · est 1995 · no financials extracted
31y
ABS (HAMPSHIRE) LTD
17068236 · est 2026 · no financials extracted
ABS HEATING UK LIMITED
05834746 · est 2006 · no financials extracted
19y
ABSOLUTE PLUMBING HEATING & ELECTRICAL LTD
14312783 · est 2022 · no financials extracted
3y
ABSOLUTE SHUTTERS UK LTD
09345419 · est 2014 · no financials extracted
11y
ABT PLASTERING LIMITED
06047692 · est 2007 · no financials extracted
19y
AC ELECTRICAL CONTRACTORS IW LTD
15231288 · est 2023 · no financials extracted
2y
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
Incorporated2014-12-18
Jurisdictionengland-wales
Primary SIC43310 — Plastering

Registered office

1633 Parkway
Whiteley
Fareham
Hampshire
PO15 7AH
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-28
Last: 2025-12-14

Officers (2 active · 0 resigned)

BRITANNIA ACCOUNTANCY & TAX SERVICES LTD
corporate-secretary · appointed 2014-12-18
View their other companies + combined net worth →
Active
PATILLA, Lloyd Ross
director · ~50y · appointed 2014-12-18
View their other companies + combined net worth →
Active

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

Recent filings (29 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
change-person-director-company-with-change-date
officers · CH01
2026-01-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-23