ABILITY SMART LTD
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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | — | £300.0k |
| Current assets | — | £1.89M |
| Cash | — | £393.9k |
| Debtors | — | £1.50M |
| Net assets | — | £298.3k |
| Average employees | 4 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (25 events)Click to expand
- 2025-08-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-30➕ACKRILL, Daniel Stephen appointeddirector
- 2025-07-30➖FERGUSON, Callum Thomas resigneddirector
- 2025-05-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-05➖KERSHAW, Angel resigneddirector
- 2024-05-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-01📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-07-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-07-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-19📄capital-allotment-sharescapital · SH01
- 2023-04-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-29➕FERGUSON, Callum Thomas appointeddirector
- 2022-07-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-07-20🏢Company incorporatedAs ABILITY SMART LTD
- 2017-07-20➕KERSHAW, Angel appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Callum Thomas Ferguson Individual · British · DOB 09/1996 · age 30 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 27/02/2020 |
2 historic (ceased) PSCs
- Ms Angel Kershawceased 27/02/2020· 75-100% shares · 75-100% voting · board control
- Ms Angel Kershawceased 27/02/2020· 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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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 →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
Registered office
Filing status
Officers (1 active · 2 resigned)
Click a director name to see their full track record across all companies.