ABK1
🏛️Establishedactive
10595646 · private-unlimited · incorporated 2017-02-01
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Security dealing on own account
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 69/100 (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: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
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 (21 events)Click to expand
- 2025-04-24📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-28➕DAVIES, Frances Ruth appointeddirector
- 2025-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-06➖KERNIGHAN, Eleanor Marie resigneddirector
- 2020-04-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-04-05📄change-person-director-company-with-change-dateofficers · CH01
- 2018-04-05📄change-person-director-company-with-change-dateofficers · CH01
- 2017-05-12📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2017-02-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-02-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-02-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-02-01🏢Company incorporatedAs ABK1
- 2017-02-01➕KERNIGHAN, Andrew Brian appointeddirector
- 2017-02-01➕KERNIGHAN, Eleanor Marie appointeddirector
- 2017-02-01➕ROUND, Jonathon Charles appointeddirector
- 2017-02-01➖ROUND, Jonathon Charles resigneddirector
- 2017-02-01📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-16
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Frances Ruth Davies Individual · British · DOB 09/1968 · age 58 | — | — | sig. influencesignificant influence · trust interest | 04/12/2024 |
Mr Andrew Brian Kernighan Individual · British · DOB 04/1967 · age 59 | — | — | sig. influencesignificant influence · trust interest | 01/02/2017 |
2 historic (ceased) PSCs
- Ms Eleanor Marie Kernighanceased 04/12/2024· significant influence · trust interest
- Mr Jonathon Charles Roundceased 01/02/2017· 75-100% shares · 75-100% voting · board control
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 →Similar companies
Active · Financial services · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2410 TRADING LIMITED→ 16903740 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 260 DEGREES WEST→ 13495989 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 2M FINANCIAL SERVICES LTD→ 07013894 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| A1 CAPITAL LIMITED→ 06038834 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| AB FINANCE LIMITED→ 10033105 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ABDULLAH MANIK LTD→ 17028119 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABOVE & BEYOND MORTGAGES (YORKSHIRE) LIMITED→ 12891319 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADEL WILLS LTD→ 10147070 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADM FINANCIAL SERVICES LTD→ 14030719 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADVANTAGE MORTGAGE SERVICES (YORKSHIRE) LIMITED→ 05238006 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ADVICE CHAMPION SERVICES LIMITED→ 11994269 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADVICE MATTERS FINANCIAL PLANNING LTD→ 10658430 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
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
Typeprivate-unlimited
Incorporated2017-02-01
Jurisdictionengland-wales
Primary SIC64991 — Security dealing on own account
Registered office
Progeny, 1a Tower Square
Wellington Street
Leeds
LS1 4DL
England
Filing status
Accounts
Next due: —
Last made up to: —
Confirmation statement
Next due: 2026-04-16OVERDUE
Last: 2025-04-02
Officers (2 active · 2 resigned)
DAVIES, Frances Ruth→
Activedirector · ~58y · appointed 2025-03-28
View their other companies + combined net worth →
KERNIGHAN, Andrew Brian→
Activedirector · ~59y · appointed 2017-02-01
View their other companies + combined net worth →
KERNIGHAN, Eleanor Marie→
Resigneddirector · ~52y · appointed 2017-02-01 · resigned 2024-11-06
ROUND, Jonathon Charles→
Resigneddirector · ~67y · appointed 2017-02-01 · resigned 2017-02-01
Click a director name to see their full track record across all companies.
Recent filings (23 total)
change-person-director-company-with-change-date
officers · CH01
2025-04-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-02
appoint-person-director-company-with-name-date
officers · AP01
2025-03-28
termination-director-company-with-name-termination-date
officers · TM01
2024-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-04-05