ABSOLUTE PAYMENTS LIMITED
🏛️Establishedactive
11440485 · ltd · incorporated 2018-06-29
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 Jun 2024
Net worth
£329
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
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. Most likely exit: share sale to pe / searcher (58/100).
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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
18 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 · accounting standard not declaredPositive net assets
Net assets £329
Net assets shrinking
Down £96 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£329
↓ 23% YoY
Current Assets
£7k
↑ 22% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £7.2k | £6.1k |
| Current assets | £7.1k | £5.8k |
| Net assets | £329 | £425 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 address
Last 180 days
1
filing
- • 1 address
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2026-04-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-06-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-03📄gazette-notice-compulsorygazette · GAZ1
- 2024-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-04-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-29🏢Company incorporatedAs ABSOLUTE PAYMENTS LIMITED
- 2018-06-29➕DREW, Matthew James appointeddirector
- 2018-06-29➕MCNEIL, Lee James appointeddirector
- 2018-06-29📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Matthew James Drew Individual · British · DOB 03/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 29/06/2018 |
Mr Lee James Mcneil Individual · British · DOB 03/1996 · age 30 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 29/06/2018 |
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 · Trade services · DE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 22 BEAUTY LTD→ 15673339 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 46 BARBERS MAIN STREET LTD→ 13665074 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AA TREE SURGEONS LIMITED→ 09627140 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AB-LASER LTD→ 15485554 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ABB EVENTS LTD→ 13333254 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ABC - A BIN CLEANED LTD→ 11892377 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ABEE CONSULTANCY LTD→ 12284018 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABERYSTWYTH DRIVING SCHOOL LIMITED→ 07126959 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ABJ 29 LTD→ 16786775 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABM DEEP CLEAN LTD→ 16421068 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABSOLUTE WINDOW CLEANING SERVICES LIMITED→ 12322364 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABSTRACKED DEVELOPMENTS LIMITED→ 12437666 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2018-06-29
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.
Registered office
6th Floor, The Cavendish Building
Agard Street
Derby
DE1 1DZ
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-07-12
Last: 2025-06-28
Officers (2 active · 0 resigned)
DREW, Matthew James→
Activedirector · ~54y · appointed 2018-06-29
View their other companies + combined net worth →
MCNEIL, Lee James→
Activedirector · ~30y · appointed 2018-06-29
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (18 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-04
gazette-notice-compulsory
gazette · GAZ1
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-09-01