ABACO TRANSPORT LIMITED

🏛️Establishedactive
10683152 · ltd · incorporated 2017-03-21
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
—
year to Mar 2025
Net worth
£36.4k
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: SIC 29203
Sector: Manufacturing
ALSO REGISTERED FOR
  • 49410Freight transport by road
  • 52103SIC 52103
  • 82990Other business support service activities n.e.c.
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 68/100 (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 (65/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £36,410

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£36k
↑ 22% YoY
Current Assets
£74k
~ YoY
Current Liabilities
—
£0£15k£29k£44k£59k£74kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£50.0k£53.5k
Current assets£73.6k£73.6k
Net assets£36.4k£29.9k

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

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 (19 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-01-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-04-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2020-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-03-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2018-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-12-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2018-12-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2018-04-24
    📄
    capital-allotment-shares
    capital · SH01
  14. 2018-04-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2018-04-01
    ➕
    HERRINGTON, Susan Margaret appointed
    director
  16. 2017-03-21
    🏢
    Company incorporated
    As ABACO TRANSPORT LIMITED
  17. 2017-03-21
    ➕
    SCHRADER, Paul Nicholas appointed
    secretary
  18. 2017-03-21
    ➕
    HERRINGTON, Peter Marcus appointed
    director
  19. 2017-03-21
    📄
    incorporation-company
    incorporation · NEWINC

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 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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: 2026-04-03

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Susan Margaret Herrington
Individual · British · DOB 08/1960 · age 66
25–50%
—25-50% shares01/04/2018
Mr Peter Marcus Herrington
Individual · British · DOB 08/1962 · age 64
25–50%
—25-50% shares21/03/2017

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 →
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Company details

Statusactive
Typeltd
Incorporated2017-03-21
Jurisdictionengland-wales
Primary SIC29203 — SIC 29203

Registered office

Abaco House
Foxhall Road
Southminster
Essex
CM0 7LB
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-03OVERDUE
Last: 2025-03-20

Officers (3 active · 0 resigned)

SCHRADER, Paul Nicholas→
secretary · appointed 2017-03-21
View their other companies + combined net worth →
Active
HERRINGTON, Peter Marcus→
director · ~64y · appointed 2017-03-21
View their other companies + combined net worth →
Active
HERRINGTON, Susan Margaret→
director · ~66y · appointed 2018-04-01
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-14
gazette-filings-brought-up-to-date
gazette · DISS40
2020-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-31
gazette-notice-compulsory
gazette · GAZ1
2020-03-03