ABEL BURNERS LIMITED
🏛️Establishedactive
12601036 · ltd · incorporated 2020-05-13
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£-28.0k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (79/100)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 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
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 declaredNegative net assets
Liabilities exceed assets by £28,001
Very low cash
Cash position: £2
Cash YoY
+0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2
~ YoY
Net Worth
-£28k
↑ 7.1% YoY
Current Assets
£81k
↑ 32% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-30 | 2024-05-30 |
|---|---|---|
| Total assets | £-28.0k | £-30.1k |
| Current assets | £81.0k | £61.6k |
| Cash | £2 | £2 |
| Debtors | £60.1k | £37.4k |
| Net assets | £-28.0k | £-30.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2026-01-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-11-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-04📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-08-03📄gazette-notice-compulsorygazette · GAZ1
- 2021-03-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-05-13🏢Company incorporatedAs ABEL BURNERS LIMITED
- 2020-05-13➕SPRINGLE, Ashley Nathan appointeddirector
- 2020-05-13➕SPRINGLE, Katrina Louise appointeddirector
- 2020-05-13📄incorporation-companyincorporation · NEWINC
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ashley Nathan Springle Individual · British · DOB 03/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/05/2020 |
Mrs Katrina Louise Springle Individual · British · DOB 08/1986 · age 40 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/05/2020 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| ALPHA PROTECT LTD→ 15757442 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALVERTON HOLDINGS LIMITED→ 10195241 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AMBER MORGAN COPY LTD→ 16431564 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMELIA COURT MANAGEMENT COMPANY LIMITED→ 11806551 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ANDIDICO LTD→ 03867060 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| ANDREW RICHARDS FUNERAL SERVICES LTD→ 14328373 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ANIA.FACEFITNESS LTD→ 15959446 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ANN TOMLINSON CONSULTANTS LTD→ 05122298 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ANTHONY NGUYEN LTD→ 16706455 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APS STEAM CLEANING LTD→ 11669240 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARCHITECTURAL SERVICES SW LTD→ 05598504 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ARGO SENTINEL LTD→ 16881348 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2020-05-13
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.
Registered office
Unit 6 The Square
Grampound Road
Truro
TR2 4DS
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-30
Confirmation statement
Next due: 2027-05-26
Last: 2026-05-12
Officers (2 active · 0 resigned)
SPRINGLE, Ashley Nathan→
Activedirector · ~38y · appointed 2020-05-13
View their other companies + combined net worth →
SPRINGLE, Katrina Louise→
Activedirector · ~40y · appointed 2020-05-13
View their other companies + combined net worth →
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
2026-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-13
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-10
gazette-filings-brought-up-to-date
gazette · DISS40
2021-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-03
gazette-notice-compulsory
gazette · GAZ1
2021-08-03