ABACUS FX LIMITED
🏛️Establishedactive
11261103 · ltd · incorporated 2018-03-19
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£193.4k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -31% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (65/100).
Data confidence
Overall: high (81/100)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
6 officers (2 active, 6 linked, 6 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £193,391
Net assets shrinking
Down £77,063 YoY
Cash YoY
-31%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£147k
↓ 31% YoY
Net Worth
£193k
↓ 28% YoY
Current Assets
£575k
↑ 7.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £231.2k | £338.3k |
| Current assets | £575.1k | £535.0k |
| Cash | £147.3k | £213.8k |
| Debtors | £427.8k | £321.2k |
| Net assets | £193.4k | £270.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-06-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-04-22📄capital-allotment-sharescapital · SH01
- 2025-04-02📄memorandum-articlesincorporation · MA
- 2025-04-02📄resolutionresolution · RESOLUTIONS
- 2025-03-27📄capital-allotment-sharescapital · SH01
- 2025-02-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-09📄resolutionresolution · RESOLUTIONS
- 2024-12-09📄memorandum-articlesincorporation · MA
- 2024-10-18📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-30📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-30📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-26📄capital-name-of-class-of-sharescapital · SH08
- 2023-04-25📄memorandum-articlesincorporation · MA
- 2023-04-25📄resolutionresolution · RESOLUTIONS
- 2023-04-19📄capital-allotment-sharescapital · SH01
- 2022-09-24📄memorandum-articlesincorporation · MA
- 2022-09-24📄memorandum-articlesincorporation · MA
- 2022-04-13➖BRYAN, Daniel resigneddirector
- 2021-10-06➖BISHOP, Oliver Charles resigneddirector
- 2020-06-11➕WHITE, Louis Alexander appointeddirector
- 2018-07-16➕BRYAN, Daniel appointeddirector
- 2018-07-16➖CHAMBERS, Pauline Gwen resigneddirector
- 2018-06-27➕BISHOP, Oliver Charles appointeddirector
- 2018-06-22➕BASSETT, Eliot appointeddirector
- 2018-06-07➖BASSETT, Susan resigneddirector
- 2018-03-19🏢Company incorporatedAs ABACUS FX LIMITED
- 2018-03-19➕BASSETT, Susan appointeddirector
- 2018-03-19➕CHAMBERS, Pauline Gwen appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Eliot Bassett Individual · British · DOB 01/1990 · age 36 | 50–75% | 75–100% | 75-100% shares · 75-100% voting | 07/06/2018 |
Louis Alexander White Individual · British · DOB 06/1993 · age 33 | 25–50% | — | 25-50% shares | 16/09/2022 |
3 historic (ceased) PSCs
- Mr Daniel Bryanceased 13/04/2022· 25-50% shares · 25-50% voting
- Mrs Pauline Gwen Chambersceased 16/07/2018· 25-50% shares · 25-50% voting
- Mrs Susan Bassettceased 07/06/2018· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Financial services · SO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 32T LIMITED→ 06237944 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 57 COMMERCIAL FINANCE LIMITED→ 12730861 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A G CUNNINGHAM CONSULTING LTD→ 07337153 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A.C. SOVEREIGN FINANCIAL SERVICES LIMITED→ 05058278 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| A1PHA SECURITY SERVICES LTD→ 13753924 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABRAHAM & DOBELL LTD.→ 05368307 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ABS FINANCIAL PLANNING LIMITED→ 02658254 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| ACROSS THE MARKET MORTGAGES LIMITED→ 12355293 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADEXEN CONSULTING LTD→ 08069403 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AE INSURANCE BROKERS LIMITED→ 01630360 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| AGALMIC LTD→ 12284096 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AGEAS INSURANCE LIMITED→ 00354568 · est 1939 · no financials extracted | — | — | — | — | 86y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2018-03-19
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified
Registered office
Sullivan Court Wessex Way
Colden Common
Winchester
Hampshire
SO21 1WP
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20
Officers (2 active · 4 resigned)
BASSETT, Eliot→
Activedirector · ~36y · appointed 2018-06-22
View their other companies + combined net worth →
WHITE, Louis Alexander→
Activedirector · ~33y · appointed 2020-06-11
View their other companies + combined net worth →
BASSETT, Susan→
Resigneddirector · ~69y · appointed 2018-03-19 · resigned 2018-06-07
BISHOP, Oliver Charles→
Resigneddirector · ~36y · appointed 2018-06-27 · resigned 2021-10-06
BRYAN, Daniel→
Resigneddirector · ~35y · appointed 2018-07-16 · resigned 2022-04-13
CHAMBERS, Pauline Gwen→
Resigneddirector · ~59y · appointed 2018-03-19 · resigned 2018-07-16
Click a director name to see their full track record across all companies.
Recent filings (62 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-29
capital-allotment-shares
capital · SH01
2025-04-22
memorandum-articles
incorporation · MA
2025-04-02
resolution
resolution · RESOLUTIONS
2025-04-02
capital-allotment-shares
capital · SH01
2025-03-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-17
resolution
resolution · RESOLUTIONS
2024-12-09
memorandum-articles
incorporation · MA
2024-12-09
change-person-director-company-with-change-date
officers · CH01
2024-10-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-30
change-person-director-company-with-change-date
officers · CH01
2024-09-30
change-person-director-company-with-change-date
officers · CH01
2024-09-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-30