ABSASS LIMITED
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (69/100)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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key 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 | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £158.2k | £80.9k |
| Current assets | £16.4k | £127 |
| Cash | £16.4k | £127 |
| Net assets | £109.0k | £67.3k |
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 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (15 events)Click to expand
- 2026-03-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-02-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-01-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-04-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-09📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-04-06➕DINSDALE, Aaron appointeddirector
- 2020-01-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-01🏢Company incorporatedAs ABSASS LIMITED
- 2018-05-01➕DINSDALE, Trevor Anthony appointeddirector
- 2018-05-01📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +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 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
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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 →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.