ABLE PROPERTY SERVICES GROUP LTD

💤Zombieactive
11047096 · ltd · incorporated 2017-11-03
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 Dec 2024
Net worth
£-1.8k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: distressed disposal / insolvency (65/100).

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
29 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 105 (micro)
Negative net assets
Liabilities exceed assets by £1,800
Net assets shrinking
Down £19,699 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£2k
↓ 110% YoY
Current Assets
£18k
↓ 69% YoY
Current Liabilities
-£2k£10k£21k£33k£45k£56kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£-187£24.1k
Current assets£17.5k£56.2k
Net assets£-1.8k£17.9k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-09-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-04-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-05-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-05-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-05-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-08-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2021-08-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-07-31
    BURTON, Mark resigned
    director
  10. 2021-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-05-10
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2021-03-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-03-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2020-09-01
    RICHARDSON, Martin Guy appointed
    director
  15. 2020-09-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2020-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-12-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2019-12-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2019-12-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2017-11-03
    🏢
    Company incorporated
    As ABLE PROPERTY SERVICES GROUP LTD
  21. 2017-11-03
    BURTON, Mark 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 Martin Richardson
Individual · British · DOB 06/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting02/02/2021
1 historic (ceased) PSC
  • Mr Mark Burtonceased 31/07/2021· significant influence

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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16322152 · est 2025 · no financials extracted
1y
ABBEY MAINTENANCE SERVICES LIMITED
15936966 · est 2024 · no financials extracted
1y
ABBEYDALE HOMES (BOURNE) LIMITED
02698095 · est 1992 · no financials extracted
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ABC FLOORING (UK) LIMITED
07841146 · est 2011 · no financials extracted
14y
ABC MAINTENANCE SERVICES LTD
11793700 · est 2019 · no financials extracted
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16569926 · est 2025 · no financials extracted
ABEL SERVICES (MANSFIELD) LTD
06601365 · est 2008 · no financials extracted
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ABINGDON BUILDING SERVICES LIMITED
10805413 · est 2017 · no financials extracted
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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
Incorporated2017-11-03
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

Unit B3 Bar Lane Ind Estate, Bar Lane
Basford
Nottingham
Nottinghamshire
NG6 0JA
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05

Officers (1 active · 1 resigned)

RICHARDSON, Martin Guy
director · ~49y · appointed 2020-09-01
View their other companies + combined net worth →
Active
BURTON, Mark
director · ~65y · appointed 2017-11-03 · resigned 2021-07-31
Resigned

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

Recent filings (29 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-13
change-person-director-company-with-change-date
officers · CH01
2023-05-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
termination-director-company-with-name-termination-date
officers · TM01
2021-08-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-08-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-11
change-account-reference-date-company-previous-extended
accounts · AA01
2021-05-10