ABACUS 5 LIMITED
- · Oldest live charge 6.5y old — refinance window within 12 months
Opportunity 71/100 (strong), bankability 65/100. Strong seller-intent signal (60/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
10 live charges · 2 lenders · oldest 6.5y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 6.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key 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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 200 | 200 |
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
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (33 events)Click to expand
- 2025-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-29🔓Charge satisfied #8
- 2024-05-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-03🔒Charge registered #10Lender: Redwood Bank Limited
- 2024-05-03🔓Charge satisfied #4
- 2024-04-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-18🔒Charge registered #9Lender: Barclays Security Trustee Limited
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-11-30🔒Charge registered #8Lender: Barclays Security Trustee Limited
- 2020-11-30🔒Charge registered #7Lender: Barclays Security Trustee Limited
- 2020-11-30🔒Charge registered #6Lender: Barclays Security Trustee Limited
- 2020-11-30🔒Charge registered #5Lender: Barclays Security Trustee Limited
- 2020-11-30🔒Charge registered #4Lender: Barclays Security Trustee Limited
- 2020-11-30🔒Charge registered #3Lender: Barclays Security Trustee Limited
- 2020-08-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-08-07🔒Charge registered #2Lender: Barclays Security Trustee Limited
- 2019-12-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-11-25🔒Charge registered #1Lender: Barclays Security Trustee Limited
- 2018-03-05🏢Company incorporatedAs ABACUS 5 LIMITED
- 2018-03-05➕JASPAL, Gurandan Singh appointeddirector
- 2018-03-05➕JASPAL, Harminder Kaur appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 70 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gurandan Singh Jaspal Individual · British · DOB 01/1956 · age 70 | 50–75% | — | 50-75% shares | 05/03/2018 |
Mrs Harminder Kaur Jaspal Individual · British · DOB 03/1959 · age 67 | 25–50% | — | 25-50% shares | 05/03/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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8 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 (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Redwood Bank Redwood Bank Limited | A registered charge | 1 property | 03/05/2024 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 18/04/2024 | — | |
| satisfied | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 30/11/2020 | 29/07/2024 | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 30/11/2020 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 30/11/2020 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 30/11/2020 | — | |
| satisfied | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 30/11/2020 | 03/05/2024 | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 30/11/2020 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 07/08/2020 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 25/11/2019 | — |