ABAM LTD

💤Zombieactive
09374074 · ltd · incorporated 2015-01-05
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
£-1.2k
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
  • 68320Management of real estate on a fee or contract basis
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 9.0y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 9.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · 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.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
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
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £1,155
Cash YoY
+52%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↑ 52% YoY
Net Worth
-£1k
↑ 48% YoY
Current Assets
£5k
↑ 52% YoY
Current Liabilities
-£2k-£680£861£2k£4k£5kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£762.2k£763.8k
Current assets£5.5k£3.6k
Cash£5.5k£3.6k
Net assets£-1.2k£-2.2k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-08-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2020-12-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2020-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-08-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2019-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-12-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2017-12-17
    🔒
    Charge registered #3
    Lender: Belmont Green Finance LTD Trading as Vida Homeloans
  14. 2017-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-08-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2017-05-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2017-05-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2017-05-11
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited
  19. 2017-05-11
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  20. 2015-01-05
    🏢
    Company incorporated
    As ABAM LTD
  21. 2015-01-05
    AL-DOORI, Ali Mohammed Mahgoob 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 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-24

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ali Mohammed Mahgoob Al-Doori
Individual · British · DOB 11/1976 · age 50
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest25/11/2016

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

9 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
Incorporated2015-01-05
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

48 Salisbury Road
Worcester Park
KT4 7DG
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-02-24OVERDUE
Last: 2025-02-10

Officers (1 active · 0 resigned)

AL-DOORI, Ali Mohammed Mahgoob
director · ~50y · appointed 2015-01-05
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Belmont Green Finance Trading as Vida Homeloans
Belmont Green Finance LTD Trading as Vida Homeloans
A registered charge1 property17/12/2017
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property11/05/2017
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property11/05/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-17
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-10
gazette-filings-brought-up-to-date
gazette · DISS40
2020-12-09
gazette-notice-compulsory
gazette · GAZ1
2020-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-20