ABILITY BATHING LTD
🏛️Establishedactive
11477464 · ltd · incorporated 2018-07-23
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 Jul 2025
Net worth
£-10.3k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
ALSO REGISTERED FOR
- 43999Other specialised construction activities n.e.c.
- 47749SIC 47749
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 80/100. 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 (65/100).
🏦
Refinance opportunity
1 live charge · oldest 2.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.2 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £10,293
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£10k
↓ 85% YoY
Current Assets
£53k
↓ 29% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £33.9k | £46.2k |
| Current assets | £53.2k | £74.8k |
| Net assets | £-10.3k | £-5.6k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2026-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-17🔒Charge registered #1Lender: Lloyds Bank PLC
- 2024-03-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-08-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-02➕THORPE, Shelagh Maud appointeddirector
- 2020-11-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-04-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-23🏢Company incorporatedAs ABILITY BATHING LTD
- 2018-07-23➕THORPE, James Lewis appointeddirector
- 2018-07-23➕THORPE, Robert Lewis appointeddirector
- 2018-07-23📄incorporation-companyincorporation · NEWINC
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
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 James Lewis Thorpe Individual · British · DOB 04/1988 · age 38 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 03/07/2021 |
Mr Robert Lewis Thorpe Individual · British · DOB 09/1963 · age 63 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 23/07/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · PE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A C BUILDING (PETERBOROUGH) LIMITED→ 02999432 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| A CLASS ROOFING AND CONTRACTORS LIMITED→ 16245227 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AB FAIRBROTHER LTD→ 10202694 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ABBEY DEVELOPMENTS CAMBRIDGESHIRE LIMITED→ 12260344 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABBEY GRID SUPPORT SYSTEMS LIMITED→ 14570114 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ABBEYSIDE LIMITED→ 12747824 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABI BUILDING & RESTORATION LTD→ 07749738 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ABL MANAGEMENT LTD→ 15155409 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABLE 4 CARPENTRY LIMITED→ 06125536 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ABLEWOOD LTD→ 05249225 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ABSOLUTE PLUMBING AND HEATING (BOURNE) LIMITED→ 10730897 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ABSOLUTE PROPERTY TRADING LTD→ 14242683 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2018-07-23
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
The Old Vicarage
Church Close
Boston
Lincolnshire
PE21 6NA
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-16
Last: 2025-07-02
Officers (3 active · 0 resigned)
THORPE, James Lewis→
Activedirector · ~38y · appointed 2018-07-23
View their other companies + combined net worth →
THORPE, Robert Lewis→
Activedirector · ~63y · appointed 2018-07-23
View their other companies + combined net worth →
THORPE, Shelagh Maud→
Activedirector · ~65y · appointed 2020-11-02
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 17/04/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (19 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-08-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30
appoint-person-director-company-with-name-date
officers · AP01
2020-11-02