ABACO GLOBAL RESOURCES LTD

💤Zombieactive
10874367 · ltd · incorporated 2017-07-19
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 Jul 2024
Net worth
£0
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: SIC 09900
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£0
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-31
Total assets£0
Net assets£0

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
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-08-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-08-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-08-20
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  4. 2024-05-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-05-08
    ➕
    PIGGOTT, Simon appointed
    director
  6. 2024-05-08
    ➖
    TAMIZ, Sam resigned
    director
  7. 2024-05-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-05-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2024-05-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-05-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-05-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-04-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-03-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2020-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-04-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-01-12
    ➖
    EBRAHIMI, Bahram resigned
    director
  19. 2019-01-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2017-07-19
    🏢
    Company incorporated
    As ABACO GLOBAL RESOURCES LTD
  21. 2017-07-19
    ➕
    EBRAHIMI, Bahram appointed
    director
  22. 2017-07-19
    ➕
    TAMIZ, Sam appointed
    director

Owner dependency

83/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Bahram Ebrahimi
Individual · Canadian · DOB 05/1966 · age 60
75–100%
—75-100% shares08/05/2024
1 historic (ceased) PSC
  • Mr Sam Tamizceased 08/05/2024· 75-100% shares · 75-100% voting

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

9 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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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.

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Company details

Statusactive
Typeltd
Incorporated2017-07-19
Jurisdictionengland-wales
Primary SIC09900 — SIC 09900

Registered office

33 Abingdon Mansions Pater Street
London
W8 6AB
England

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-05-22
Last: 2025-05-08

Officers (1 active · 2 resigned)

PIGGOTT, Simon→
director · ~61y · appointed 2024-05-08
View their other companies + combined net worth →
Active
EBRAHIMI, Bahram→
director · ~60y · appointed 2017-07-19 · resigned 2019-01-12
Resigned
TAMIZ, Sam→
director · ~39y · appointed 2017-07-19 · resigned 2024-05-08
Resigned

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

Recent filings (26 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-20
change-account-reference-date-company-current-extended
accounts · AA01
2025-08-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-09
termination-director-company-with-name-termination-date
officers · TM01
2024-05-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-05-08
appoint-person-director-company-with-name-date
officers · AP01
2024-05-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-04
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-03