ABGG REAL ESTATE LIMITED

💤Zombieactive
11549866 · ltd · incorporated 2018-09-03
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2024
Net worth
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 37/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

🏦

Refinance opportunity

8 live charges · 6 lenders · oldest 7.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.5 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-03-312023-03-31
Average employees100100

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
2
filings
  • 1 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-03-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-03-24
    🔒
    Charge registered #8
    Lender: Bath and West Finance Limited
  3. 2025-08-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-08-05
    🔒
    Charge registered #7
    Lender: Beckdale Properties Limited
  5. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  7. 2025-03-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-07-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-07-19
    🔒
    Charge registered #6
    Lender: Stoneygate 2007 LTD
  10. 2024-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-11-28
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2023-06-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-05-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2022-05-10
    🔒
    Charge registered #5
    Lender: Reim Katch Securities LTD
  16. 2021-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-03-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  18. 2021-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2020-11-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2020-11-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2020-11-17
    🔓
    Charge satisfied #2
  22. 2020-11-17
    🔓
    Charge satisfied #1
  23. 2020-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2020-07-10
    📄
    capital-allotment-shares
    capital · SH01
  25. 2020-07-10
    📄
    capital-allotment-shares
    capital · SH01
  26. 2019-09-16
    🔒
    Charge registered #4
    Lender: Interbay Funding Limited
  27. 2019-09-16
    🔒
    Charge registered #3
    Lender: Interbay Funding Limited
  28. 2019-03-11
    GUEST, Benjamin Levi resigned
    director
  29. 2019-01-25
    🔒
    Charge registered #2
    Lender: Romaco Spv 3 Limited
  30. 2019-01-25
    🔒
    Charge registered #1
    Lender: Romaco Spv 3 Limited
  31. 2018-09-03
    🏢
    Company incorporated
    As ABGG REAL ESTATE LIMITED
  32. 2018-09-03
    GARDINER, Allister James appointed
    director
  33. 2018-09-03
    GUEST, Benjamin Levi appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 med · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Ag Group Holdings (Hilton) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ag Group Holdings (Hilton) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ABGG REAL ESTATE LIMITED
This company · 11549866

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ag Group Holdings (Hilton) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/09/2020
1 historic (ceased) PSC
  • Mr Allister James Gardinerceased 30/09/2020· 50-75% shares

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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
Incorporated2018-09-03
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Ag House Ag Business Estate
Lowman Way, Hilton Business Park
Hilton
Derbyshire
DE65 5UA
United Kingdom

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11

Officers (1 active · 1 resigned)

GARDINER, Allister James
director · ~36y · appointed 2018-09-03
View their other companies + combined net worth →
Active
GUEST, Benjamin Levi
director · ~36y · appointed 2018-09-03 · resigned 2019-03-11
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

8
Total charges
6
Outstanding
5
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Bath and West Finance
Bath and West Finance Limited
A registered charge1 property24/03/2026
outstanding
Beckdale Properties
Beckdale Properties Limited
A registered charge1 property05/08/2025
outstanding
Stoneygate 2007
Stoneygate 2007 LTD
A registered charge1 property19/07/2024
outstanding
Reim Katch Securities
Reim Katch Securities LTD
A registered charge1 property10/05/2022
outstanding
InterBay
Interbay Funding Limited
A registered charge2 properties16/09/2019
outstanding
InterBay
Interbay Funding Limited
A registered charge2 properties16/09/2019
satisfied
Romaco Spv 3
Romaco Spv 3 Limited
A registered charge1 property25/01/201917/11/2020
satisfied
Romaco Spv 3
Romaco Spv 3 Limited
A registered charge1 property25/01/201917/11/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (40 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-11
change-person-director-company-with-change-date
officers · CH01
2025-03-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-26
resolution
resolution · RESOLUTIONS
2023-11-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-05-11