ABUNDANCE INCOME LIMITED
💤Zombieactive
11849544 · ltd · incorporated 2019-02-27
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 Feb 2025
Net worth
£180.0k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
12 live charges · 6 lenders · oldest 5.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.6 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
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
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £179,983
Net assets shrinking
Down £62,593 YoY
Cash YoY
+51%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4k
↑ 51% YoY
Net Worth
£180k
↓ 26% YoY
Current Assets
£4k
↑ 51% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £989.4k | £1.05M |
| Current assets | £3.5k | £2.3k |
| Cash | £3.5k | £2.3k |
| Net assets | £180.0k | £242.6k |
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 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-23🔒Charge registered #12Lender: Fleet Mortgages Limited
- 2023-02-23🔒Charge registered #11Lender: Fleet Mortgages Limited
- 2023-02-23🔒Charge registered #10Lender: Fleet Mortgages Limited
- 2022-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-25🔒Charge registered #9Lender: Kensington Mortgage Company Limited
- 2022-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-08🔒Charge registered #8Lender: Paragon Bank PLC
- 2022-03-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-04🔒Charge registered #7Lender: Paragon Bank PLC
- 2021-12-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-14🔒Charge registered #6Lender: Paragon Bank PLC
- 2021-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-18🔒Charge registered #5Lender: The Mortgage Works (UK) PLC
- 2021-07-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-28🔒Charge registered #4Lender: Fleet Mortgages Limited
- 2021-04-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-24🔒Charge registered #3Lender: Paratus Amc Limited
- 2021-02-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-18🔒Charge registered #2Lender: The Mortgage Lender Limited
- 2020-11-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-11-20🔒Charge registered #1Lender: The Mortgage Lender Limited
- 2019-02-27🏢Company incorporatedAs ABUNDANCE INCOME LIMITED
- 2019-02-27➕KOONER, Amandeep Singh appointeddirector
Owner dependency
80/100
Critical — business is the founderThe 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 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
45/100
Moderate signalSome 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 low12 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Amandeep Singh Kooner Individual · British · DOB 07/1980 · age 46 | 75–100% | — | 75-100% shares | 27/02/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACACIA PROPERTIES LTD→ 12632734 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACACIA PROPERTY GROUP (YORKSHIRE) LIMITED→ 15016155 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACD (UTTOXETER) LTD→ 16970617 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACE HOMES LTD→ 12944543 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACE OF SPACES→ 10082118 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ACEE PROPERTIES LTD→ 14315668 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACH GLOBAL LTD→ 11302274 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ACJC LTD→ 14930136 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACKROYD STREET MANAGEMENT COMPANY LIMITED→ 05666780 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| ACORN BUSINESS CENTRES (YEADON) LIMITED→ 02422501 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| ACRE UK PROPERTIES LIMITED→ 11173317 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ACTION PROPERTY MANAGEMENT LIMITED→ 06340305 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2019-02-27
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
C/O Austin Kemp Solicitors Ltd St Andrew House
The Headrow
Leeds
West Yorkshire
LS1 5JW
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-12
Last: 2026-02-26
Officers (1 active · 0 resigned)
KOONER, Amandeep Singh→
Activedirector · ~46y · appointed 2019-02-27
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
12
Outstanding
6
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 23/02/2023 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 23/02/2023 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 23/02/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 25/07/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 08/04/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 04/03/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 14/12/2021 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 18/10/2021 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 28/07/2021 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 24/03/2021 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 18/12/2020 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 20/11/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (27 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-04-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-08