ABAC PROPERTY LIMITED
🏛️Establishedactive
10646185 · ltd · incorporated 2017-03-01
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£149.5k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 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, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
28 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
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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 · accounting standard not declaredPositive net assets
Net assets £149,511
Cash YoY
+203%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£196k
↑ 203% YoY
Net Worth
£150k
↑ 83% YoY
Current Assets
£196k
↑ 202% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £1.62M | £1.66M |
| Current assets | £195.9k | £64.9k |
| Cash | £195.9k | £64.7k |
| Net assets | £149.5k | £81.6k |
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-01-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-03📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-03📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-08-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-03-12📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2017-03-01🏢Company incorporatedAs ABAC PROPERTY LIMITED
- 2017-03-01➕BLAUG, Adam Michael appointeddirector
- 2017-03-01➕CARNOVALE, Antonino appointeddirector
Owner dependency
71/100
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 60 — approaching natural succession window.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
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 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Adam Michael Blaug Individual · British · DOB 04/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 10/01/2025 |
Mr Antonino Carnovale Individual · British · DOB 03/1974 · age 52 | 25–50% | — | 25-50% shares | 01/03/2017 |
1 historic (ceased) PSC
- Mr Adam Michael Blaugceased 05/07/2022· 25-50% shares
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 · Property · TN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & C ASHMORE HOLDINGS LTD→ 16174567 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A1 PORTFOLIO INVESTMENTS LTD→ 14957727 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AAA FUTURES DEVELOPMENT LIMITED→ 16550002 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AAIISEN ASSOCIATES LIMITED→ 15222124 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AB ESTATE RENTALS LTD→ 11503661 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABACUS STORAGE LIMITED→ 09887484 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABBCAT LTD→ 16525579 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBEY PROPERTY LIMITED→ 09579509 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABBOTT & ABBOTT ESTATE AGENTS LIMITED→ 11072479 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ABBY WATERS MANAGEMENT LIMITED→ 07377458 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ABCD PROPERTY LIMITED→ 16963889 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABDS ESTATES LIMITED→ 16790373 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2017-03-01
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-02-06
Last: 2026-01-23
Officers (2 active · 0 resigned)
BLAUG, Adam Michael→
Activedirector · ~60y · appointed 2017-03-01
View their other companies + combined net worth →
CARNOVALE, Antonino→
Activedirector · ~52y · appointed 2017-03-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (28 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-03
change-person-director-company-with-change-date
officers · CH01
2024-07-03
change-person-director-company-with-change-date
officers · CH01
2024-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-14