ABLE GAS HEATING LTD

💤Zombieactive

10366249 · ltd · incorporated 2016-09-08

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 Sept 2024

Net worth

£7.0k

book net assets

Opportunity

64/100

Worth a look

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What this business does

Primary activity: SIC 35220

Sector: Electricity, gas & energy

ALSO REGISTERED FOR

35230SIC 35230
46190Agents involved in the sale of a variety of goods

Investor take

Special-situation opportunity

Distressed energy with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), 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: share sale to pe / searcher (58/100).

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, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (1 active, 3 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

27 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

64/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £6,978

Net assets shrinking

Down £3,858 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£7k

↓ 36% YoY

Current Assets

£4k

↓ 38% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-09-30	2023-09-30
Total assets	£8.3k	£11.6k
Current assets	£4.0k	£6.6k
Net assets	£7.0k	£10.8k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-06-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-07-17
➕
AIAR, Jamal Mohammed Ali appointed
director
2019-05-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-05-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-01-26
📄
capital-allotment-shares
capital · SH01
2019-01-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-01-15
➖
AIAR, Osamah resigned
director
2018-12-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-06-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-09-30
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC03
2017-09-30
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-09-01
➖
AIAR, Jamal Mohammed Ali resigned
director
2017-09-01
➕
AIAR, Osamah appointed
director
2016-09-08
🏢
Company incorporated
As ABLE GAS HEATING LTD
2016-09-08
➕
AIAR, Jamal Mohammed Ali appointed
director

Owner dependency

75/100

High — earn-out structure required

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

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

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: 2026-02-09

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Osamah Aiar Individual	—	—	sig. influencesignificant influence	01/09/2017

1 historic (ceased) PSC

Mr Jamal Mohammed Ali Aiarceased 01/09/2017· 50-75% shares

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

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

Incorporated2016-09-08

Jurisdictionengland-wales

Primary SIC35220 — SIC 35220

Registered office

5 Mauldeth Road West 5 Mauldeth Road West

Withington

Manchester

Lancashire

M20 3WB

England

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-02-09OVERDUE

Last: 2025-01-26

Officers (1 active · 2 resigned)

AIAR, Jamal Mohammed Ali→

director · ~29y · appointed 2019-07-17

View their other companies + combined net worth →

Active

AIAR, Jamal Mohammed Ali→

director · ~29y · appointed 2016-09-08 · resigned 2017-09-01

Resigned

AIAR, Osamah→

director · ~30y · appointed 2017-09-01 · resigned 2019-01-15

Resigned

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