ABLE RACKING SERVICES LTD
💤Zombieactive
12730341 · ltd · incorporated 2020-07-09
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 Jul 2025
Net worth
£-31.6k
book net assets
Opportunity
74/100
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 74/100 (strong), bankability 80/100. 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).
🏦
Refinance opportunity
1 live charge · oldest 0.7y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 0.7 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 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
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £31,561
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£32k
↑ 25% YoY
Current Assets
£41k
↑ 338% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £-31.6k | £-42.1k |
| Current assets | £40.7k | £9.3k |
| Debtors | £40.7k | £9.3k |
| Net assets | £-31.6k | £-42.2k |
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
0
filings
Last 90 days
2
filings
- • 1 accounts
- • 1 officers
Last 180 days
2
filings
- • 1 accounts
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-20➖BALL, Jonathan resigneddirector
- 2025-11-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-05➕BALL, Jonathan appointeddirector
- 2025-10-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-08🔒Charge registered #1Lender: Bef Bsc 2 LTD
- 2025-01-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-08-01➖AMESS, Daniel Michael Martin resigneddirector
- 2022-07-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-01-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-03➕AMESS, Daniel Michael Martin appointeddirector
- 2020-08-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-07-09🏢Company incorporatedAs ABLE RACKING SERVICES LTD
- 2020-07-09➕TANDY, Stuart James appointeddirector
- 2020-07-09📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stuart James Tandy Individual · British · DOB 01/1974 · age 52 | 75–100% | — | board control75-100% shares · board control | 09/07/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| ADDICTIONS 2 LIMITED→ 14186514 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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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
Incorporated2020-07-09
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.
Registered office
C/O Fruition Accountancy
Unit 4, Three Spires House
Station Road
Lichfield
WS13 6HX
United Kingdom
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-20
Last: 2025-07-06
Officers (1 active · 2 resigned)
TANDY, Stuart James→
Activedirector · ~52y · appointed 2020-07-09
View their other companies + combined net worth →
AMESS, Daniel Michael Martin→
Resigneddirector · ~44y · appointed 2020-08-03 · resigned 2022-08-01
BALL, Jonathan→
Resigneddirector · ~54y · appointed 2025-11-05 · resigned 2026-03-20
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Bef Bsc 2 Bef Bsc 2 LTD | A registered charge | 1 property | 08/10/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (21 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-29
termination-director-company-with-name-termination-date
officers · TM01
2026-03-26
appoint-person-director-company-with-name-date
officers · AP01
2025-11-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-25
termination-director-company-with-name-termination-date
officers · TM01
2023-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-12
change-person-director-company-with-change-date
officers · CH01
2022-07-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-07
change-person-director-company-with-change-date
officers · CH01
2022-07-07