ABLE2 WEAR LIMITED
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. 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £177.5k | £140.6k |
| Current assets | £178.7k | £176.9k |
| Net assets | £177.5k | £140.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
Corporate timeline (17 events)Click to expand
- 2026-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-05📄change-person-director-company-with-change-dateofficers · CH01
- 2021-03-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-05📄change-person-director-company-with-change-dateofficers · CH01
- 2021-03-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-08🏢Company incorporatedAs ABLE2 WEAR LIMITED
- 2017-06-08➕HAIDON, Nadine Annette appointeddirector
- 2017-06-08➕HAIDON, Paul Derrick appointeddirector
- 2017-06-08📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul Derrick Haidon Individual · British · DOB 05/1971 · age 55 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 08/06/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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Available from the Pro tier upwards.
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6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
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See pricing →Company details
Registered office
Filing status
Officers (2 active · 0 resigned)
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