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ABYSSINIAN GOLD PLC

💤Zombieactive
12772265 · plc · incorporated 2020-07-28
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.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Lifecycle stage: established → zombie
  • · Investment thesis: unclassified → zombie_hold
  • · Deal-killer verdict: high-friction → complicated
  • · Opportunity score: 59 → 50
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "zombie"
What changed my view
Last 30 days

Picture worsened over the last 30 days — 5 negative signals vs 0 positive.

  • Lifecycle stage: establishedzombie
  • ·Investment thesis: unclassifiedzombie_hold
  • Deal-killer verdict: high-frictioncomplicated
  • Opportunity score: 5950
  • Hygiene score: 3020
  • +1 more
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
50/100
Worth a look
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What this business does
Primary activity: SIC 07290
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 08990SIC 08990
  • 09900SIC 09900
  • 70229Management consultancy activities other than financial management
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 45/100. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: low (25/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
No charge records returned
50
Directors & officers
No officers data
0
Ownership & PSC
No PSC data returned
40
Director network
Network not yet resolved
30
Filing history
No filing history
0
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
70
Good data coverage for analysis.
Corporate timeline (1 events)Click to expand
  1. 2020-07-28
    🏢
    Company incorporated
    As ABYSSINIAN GOLD PLC

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-06-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-08-25

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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Company details

Statusactive
Typeplc
Incorporated2020-07-28
Jurisdictionengland-wales
Primary SIC07290 — SIC 07290

Registered office

C/O Arch Law Floor 2
8 Bishopsgate
London
EC2N 4BQ
United Kingdom

Filing status

Accounts
Next due: 2025-06-30OVERDUE
Last made up to: 2023-07-31
Confirmation statement
Next due: 2025-08-25OVERDUE
Last: 2024-08-11