ABS CONSTRUCTION SW LTD

🌳Matureactive
10131318 · ltd · incorporated 2016-04-19
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£130
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other construction installation
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
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 105 (micro)
Positive net assets
Net assets £130
Net assets shrinking
Down £2,786 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£130
↓ 96% YoY
Current Assets
£40k
↑ 31% YoY
Current Liabilities
—
£0£8k£16k£24k£32k£40kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£749£6.0k
Current assets£40.3k£30.9k
Net assets£130£2.9k

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-04-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-04-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-04-27
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2023-04-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-04-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-04-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2021-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-01-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2019-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-01-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-11-09
    ➖
    FENNER, David Bernard resigned
    director
  18. 2016-04-19
    🏢
    Company incorporated
    As ABS CONSTRUCTION SW LTD
  19. 2016-04-19
    ➕
    FENNER, Karen appointed
    secretary
  20. 2016-04-19
    ➕
    FENNER, Karen Jane appointed
    director
  21. 2016-04-19
    ➕
    FENNER, Keith Michael appointed
    director
  22. 2016-04-19
    ➕
    FENNER, David Bernard appointed
    director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

61/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Keith Michael Fenner
Individual · British · DOB 01/1959 · age 67
50–75%
—50-75% shares06/01/2017
Mrs Karen Jane Fenner
Individual · British · DOB 05/1965 · age 61
25–50%
—25-50% shares01/04/2021

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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Active · Construction · EX postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1ST IMPRESSIONS (SW) LTD→
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————2y——
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05132894 · est 2004 · no financials extracted
————21y——
A D T DEVELOPMENTS LIMITED→
10364151 · est 2016 · no financials extracted
————9y——
AB PLUMBING & HEATING SW LTD→
16299777 · est 2025 · no financials extracted
————1y——
AB SPECIAL PROJECTS LIMITED→
05233483 · est 2004 · no financials extracted
————21y——
ABAS DRYLINING & CONSTRUCTION CO. LTD→
01992349 · est 1986 · no financials extracted
————40y——
ABC CLADDING SOUTH WEST LIMITED→
15808925 · est 2024 · no financials extracted
————1y——
ABLE ROOFING SERVICES BUDE LIMITED→
06656300 · est 2008 · no financials extracted
————17y——
ABOVE THE REST (SW) LTD→
16311812 · est 2025 · no financials extracted
————1y——
ABRON ELECTRICAL SERVICES LIMITED→
14076067 · est 2022 · no financials extracted
————3y——
ABSOLUTE PLASTERING LIMITED→
09654468 · est 2015 · no financials extracted
————10y——
AC PROPERTY MAINTENANCE (SOUTH WEST) LTD→
09443624 · est 2015 · no financials extracted
————11y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2016-04-19
Jurisdictionengland-wales
Primary SIC43290 — Other construction installation

Registered office

128 High Street
Crediton
EX17 3LQ
England

Filing status

Accounts
Next due: 2027-01-29
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-02
Last: 2026-04-18

Officers (3 active · 1 resigned)

FENNER, Karen→
secretary · appointed 2016-04-19
View their other companies + combined net worth →
Active
FENNER, Karen Jane→
director · ~61y · appointed 2016-04-19
View their other companies + combined net worth →
Active
FENNER, Keith Michael→
director · ~67y · appointed 2016-04-19
View their other companies + combined net worth →
Active
FENNER, David Bernard→
director · ~70y · appointed 2016-04-19 · resigned 2016-11-09
Resigned

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
2026-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
change-person-director-company-with-change-date
officers · CH01
2023-04-27
change-person-director-company-with-change-date
officers · CH01
2023-04-27
change-person-secretary-company-with-change-date
officers · CH03
2023-04-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-28