ABISLA WHITTLESEY LIMITED
Opportunity 66/100 (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. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
Refinance opportunity
16 live charges · 5 lenders · oldest 6.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.0 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £511.4k | — |
| Current assets | £406 | — |
| Net assets | £-12.7k | — |
| Average employees | — | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (40 events)Click to expand
- 2025-10-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-08🔒Charge registered #16Lender: Aldermore Bank PLC
- 2025-09-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-11🔓Charge satisfied #3
- 2025-06-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-12🔒Charge registered #15Lender: Fleet Mortgages Limited
- 2023-06-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-06🔒Charge registered #14Lender: Fleet Mortgages Limited
- 2023-06-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-02🔒Charge registered #13Lender: Charter Court Financial Services
- 2023-05-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-10🔓Charge satisfied #6
- 2023-05-10🔓Charge satisfied #5
- 2023-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-02🔒Charge registered #12Lender: Fleet Mortgages Limited
- 2023-02-02🔒Charge registered #11Lender: Fleet Mortgages Limited
- 2023-02-02🔒Charge registered #10Lender: Fleet Mortgages Limited
- 2023-01-23📄resolutionresolution · RESOLUTIONS
- 2023-01-23📄resolutionresolution · RESOLUTIONS
- 2023-01-23📄memorandum-articlesincorporation · MA
- 2022-09-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-16🔒Charge registered #7Lender: Fleet Mortgages Limited
- 2021-08-06🔒Charge registered #6Lender: Together Commercial Finance Limited (Co.Regn.No 2058813)
- 2021-08-06🔒Charge registered #5Lender: Together Commercial Finance Limited (Co.Regn.No 2058813)
- 2021-06-04🔒Charge registered #4Lender: Charter Court Financial Services Limited
- 2021-04-15🔒Charge registered #3Lender: Charter Court Financial Services Limited
- 2020-10-09🔒Charge registered #9Lender: Charter Court Financial Services Limited
- 2020-10-09🔒Charge registered #8Lender: Charter Court Financial Services Limited
- 2020-10-01🔒Charge registered #2Lender: Charter Court Financial Services Limited
- 2020-06-30🔒Charge registered #1Lender: Charter Court Financial Services Limited
- 2019-09-25🏢Company incorporatedAs ABISLA WHITTLESEY LIMITED
- 2019-09-25➕MEREDITH, Sarah Jane appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily 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 David Meredith Individual · British · DOB 01/1982 · age 44 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 25/09/2019 |
1 historic (ceased) PSC
- Mrs Sarah Jane Meredithceased 29/11/2019· 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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 3 properties | 08/10/2025 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 12/06/2023 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 06/06/2023 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services | A registered charge | 1 property | 02/06/2023 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 02/02/2023 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 02/02/2023 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 02/02/2023 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 16/08/2021 | — | |
| satisfied | Together Money Together Commercial Finance Limited (Co.Regn.No 2058813) | A registered charge | 4 properties | 06/08/2021 | 10/05/2023 | |
| satisfied | Together Money Together Commercial Finance Limited (Co.Regn.No 2058813) | A registered charge | 4 properties | 06/08/2021 | 10/05/2023 | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 04/06/2021 | — | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 15/04/2021 | 11/09/2025 | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 09/10/2020 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 09/10/2020 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 01/10/2020 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 30/06/2020 | — |