ABOVE BELOW LTD.

💤Zombieactive
10733021 · ltd · incorporated 2017-04-20
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 Mar 2025
Net worth
£42.8k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 14190
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -44% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £42,795
Net assets shrinking
Down £22,635 YoY
Cash draining
Cash down 44% YoY
Cash YoY
-44%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£36k
↓ 44% YoY
Net Worth
£43k
↓ 35% YoY
Current Assets
£71k
↓ 25% YoY
Current Liabilities
£0£19k£38k£57k£75k£94kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£43.7k£67.8k
Current assets£70.7k£94.3k
Cash£36.0k£64.2k
Debtors£17.9k£13.4k
Net assets£42.8k£65.4k

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

🔒Filing-note intelligence

2 signals 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 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-15
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  5. 2023-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-10-27
    📄
    capital-allotment-shares
    capital · SH01
  7. 2022-05-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-02-24
    📄
    capital-allotment-shares
    capital · SH01
  10. 2022-02-24
    📄
    capital-allotment-shares
    capital · SH01
  11. 2022-02-24
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2022-02-23
    📄
    memorandum-articles
    incorporation · MA
  13. 2022-02-16
    📄
    capital-alter-shares-subdivision
    capital · SH02
  14. 2021-07-27
    📄
    capital-allotment-shares
    capital · SH01
  15. 2021-07-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2021-07-14
    WATT, Margherita Consuella resigned
    director
  17. 2021-07-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-07-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-07-01
    WATT, Thomas Robert appointed
    director
  20. 2021-07-01
    WATT, Thomas Robert resigned
    director
  21. 2021-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2018-11-22
    WATT, Margherita Consuella appointed
    director
  23. 2017-04-20
    🏢
    Company incorporated
    As ABOVE BELOW LTD.
  24. 2017-04-20
    WATT, William Dickson 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr William Dickson Watt
Individual · British · DOB 01/1973 · age 53
5075%
50-75% shares20/04/2017

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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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
Incorporated2017-04-20
Jurisdictionengland-wales
Primary SIC14190 — SIC 14190

Registered office

3 Cheviot Road
West Norwood
London
SE27 0LF
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-23
Last: 2025-06-09

Officers (1 active · 2 resigned)

WATT, William Dickson
director · ~53y · appointed 2017-04-20
View their other companies + combined net worth →
Active
WATT, Margherita Consuella
director · ~48y · appointed 2018-11-22 · resigned 2021-07-14
Resigned
WATT, Thomas Robert
director · ~50y · appointed 2021-07-01 · resigned 2021-07-01
Resigned

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

Recent filings (36 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-20
change-account-reference-date-company-current-shortened
accounts · AA01
2023-08-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-27
capital-allotment-shares
capital · SH01
2022-10-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-28
capital-allotment-shares
capital · SH01
2022-02-24
capital-allotment-shares
capital · SH01
2022-02-24