ABACUS ONLINE DISTRIBUTION LTD

💤Zombieactive
12404650 · ltd · incorporated 2020-01-15
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 Jan 2025
Net worth
£-285.2k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (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: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

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
3 connected companies via shared directors
54
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £285,249

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£285k
↓ 36% YoY
Current Assets
£192k
↑ 55% YoY
Current Liabilities
-£285k-£190k-£94k£1k£96k£192kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£27.7k£22.8k
Current assets£191.9k£123.6k
Net assets£-285.2k£-209.2k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-04-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-01-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-02-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-04-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2023-04-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2022-06-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-06-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2020-01-15
    🏢
    Company incorporated
    As ABACUS ONLINE DISTRIBUTION LTD
  12. 2020-01-15
    KHAN, Nagina Parveen appointed
    director
  13. 2020-01-15
    📄
    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 7 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Nagina Parveen Khan
Individual · British · DOB 12/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/01/2020

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2020-01-15
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

27 Business Village Wexham Road
Slough
SL2 5HF
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-28
Last: 2026-01-14

Officers (1 active · 0 resigned)

KHAN, Nagina Parveen
director · ~45y · appointed 2020-01-15
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-15
gazette-filings-brought-up-to-date
gazette · DISS40
2023-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
gazette-notice-compulsory
gazette · GAZ1
2023-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-09