ABE DEVELOPMENTS HULL LTD
🏛️Establishedactive
11951652 · ltd · incorporated 2019-04-17
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).
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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 300 | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 signals 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
5
filings
- • 4 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-02-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-02-03📄capital-allotment-sharescapital · SH01
- 2025-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-01-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-10📄change-person-director-company-with-change-dateofficers · CH01
- 2024-08-17📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-07-30📄gazette-notice-compulsorygazette · GAZ1
- 2024-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-31📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-22📄memorandum-articlesincorporation · MA
- 2021-06-21📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2021-06-19📄statement-of-companys-objectschange-of-constitution · CC04
- 2021-06-19📄resolutionresolution · RESOLUTIONS
- 2021-06-01➕EAST, Ashley appointeddirector
- 2019-04-17🏢Company incorporatedAs ABE DEVELOPMENTS HULL LTD
- 2019-04-17➕ADAMS, Steven appointeddirector
Owner dependency
71/100
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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-22
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ashley East Individual · English · DOB 07/1991 · age 35 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/06/2021 |
Mr Steven Adams Individual · British · DOB 08/1965 · age 61 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 17/04/2019 |
1 historic (ceased) PSC
- Mr Ashley Eastceased 16/10/2020· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · HU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A FLOWERS DECORATORS LTD→ 16216185 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A FULLARD LIMITED→ 04557764 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| A FURNISS GAS SERVICES LTD→ 07454980 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ACN SOLAR & FACILITIES MANAGEMENT LTD→ 14707412 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACTIVE CLAIM SERVICES LIMITED→ 04269064 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ACTIVE ROOFING & BUILDING SERVICES LTD→ 15029193 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADA RENDERING LTD→ 11687805 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADAM BUILDERS LTD→ 09938419 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ADAMSON BUILDING CONCEPTS LIMITED→ 14221653 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADMIRAL ROOFING SPECIALISTS LIMITED→ 11701881 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADRIANO CONSTRUCTION LIMITED→ 17069012 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCE ELECTRICS LIMITED→ 16966613 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2019-04-17
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings
Registered office
160 James Reckitt Avenue
Hull
HU8 7TN
United Kingdom
Filing status
Accounts
Next due: 2027-01-29
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-22OVERDUE
Last: 2025-05-08
Officers (2 active · 0 resigned)
ADAMS, Steven→
Activedirector · ~61y · appointed 2019-04-17
View their other companies + combined net worth →
EAST, Ashley→
Activedirector · ~35y · appointed 2021-06-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (34 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-21
capital-allotment-shares
capital · SH01
2025-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-29
change-person-director-company-with-change-date
officers · CH01
2025-01-29
change-person-director-company-with-change-date
officers · CH01
2024-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-05
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-17
gazette-notice-compulsory
gazette · GAZ1
2024-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-26