ABSOLUTE STEEL FRAMING LIMITED

💤Zombieactive
11652186 · ltd · incorporated 2018-10-31
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
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Turnover
year to Apr 2025
Net worth
£100
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
18 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 declared
Positive net assets
Net assets £100

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£100
~ YoY
Current Assets
£100
~ YoY
Current Liabilities
£0£20£40£60£80£100Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£100£100
Current assets£100£100
Net assets£100£100

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-01-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-11-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  6. 2023-01-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-06-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-11-20
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2019-11-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-10-31
    🏢
    Company incorporated
    As ABSOLUTE STEEL FRAMING LIMITED
  12. 2018-10-31
    TOWE, Ben Stewart appointed
    director
  13. 2018-10-31
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Hadley Industries Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hadley Industries Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
ABSOLUTE STEEL FRAMING LIMITED
This company · 11652186

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
Hadley Industries Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/10/2018

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2018-10-31
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Hadley Group
Downing Street
Smethwick
West Midlands
B66 2PA
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-11-13
Last: 2025-10-30

Officers (1 active · 0 resigned)

TOWE, Ben Stewart
director · ~47y · appointed 2018-10-31
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-03
change-account-reference-date-company-current-shortened
accounts · AA01
2019-11-20