ABYSSINIAN GOLD PLC
🏛️Establishedactive
12772265 · plc · incorporated 2020-07-28
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
—
not disclosed
Net worth
—
book net assets
Opportunity
59/100
Worth a look
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 59/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (45/100). Current lenders should be on monthly review.
Data confidence
Overall: low (54/100)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
Confirmed no charges registered
85
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth 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
75
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 gazette
Last 90 days
1
filing
- • 1 gazette
Last 180 days
1
filing
- • 1 gazette
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-05-26📄gazette-notice-compulsorygazette · GAZ1
- 2025-06-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-14📄resolutionresolution · RESOLUTIONS
- 2025-01-30📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-12-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-12-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-05➖TRAICOS, Athanasios John resignedsecretary
- 2024-12-05➖TRAICOS, Athanasios John resigneddirector
- 2024-10-22📄capital-allotment-sharescapital · SH01
- 2024-07-09📄accounts-with-accounts-type-groupaccounts · AA
- 2024-04-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-01➖WARBURTON, Neil Fredrick resigneddirector
- 2023-03-03📄resolutionresolution · RESOLUTIONS
- 2023-01-31📄accounts-with-accounts-type-groupaccounts · AA
- 2022-11-11➖FALBO, Vincenzo resigneddirector
- 2022-11-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-16📄resolutionresolution · RESOLUTIONS
- 2022-08-17📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2022-08-04📄accounts-with-accounts-type-groupaccounts · AA
- 2022-07-14📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2022-01-06📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2021-11-17📍change-sail-address-company-with-new-addressaddress · AD02
- 2021-08-11📄capital-allotment-sharescapital · SH01
- 2021-08-10📄capital-allotment-sharescapital · SH01
- 2021-02-05📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-02-03➕TRAICOS, Athanasios John appointeddirector
- 2020-11-12➕HARBER, Ben appointedsecretary
- 2020-09-23➕TRAICOS, Athanasios John appointedsecretary
- 2020-09-03➕MILLER, Stephen William appointeddirector
- 2020-09-03➕TINNEY, Christopher Bruce appointeddirector
- 2020-09-03➕WARBURTON, Neil Fredrick appointeddirector
- 2020-07-28🏢Company incorporatedAs ABYSSINIAN GOLD PLC
- 2020-07-28➕FALBO, Vincenzo appointeddirector
Owner dependency
73/100
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.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 high ·Accounts overdue
highStatutory 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
highAnnual 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 →
🔒Tailored diligence questions
10 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
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
Officers (3 active · 4 resigned)
Active
MILLER, Stephen William→
Activedirector · ~66y · appointed 2020-09-03
View their other companies + combined net worth →
TINNEY, Christopher Bruce→
Activedirector · ~64y · appointed 2020-09-03
View their other companies + combined net worth →
TRAICOS, Athanasios John→
Resignedsecretary · appointed 2020-09-23 · resigned 2024-12-05
FALBO, Vincenzo→
Resigneddirector · ~68y · appointed 2020-07-28 · resigned 2022-11-11
TRAICOS, Athanasios John→
Resigneddirector · ~79y · appointed 2021-02-03 · resigned 2024-12-05
WARBURTON, Neil Fredrick→
Resigneddirector · ~70y · appointed 2020-09-03 · resigned 2024-04-01
Click a director name to see their full track record across all companies.
Recent filings (59 total)
gazette-notice-compulsory
gazette · GAZ1
2026-05-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-04
resolution
resolution · RESOLUTIONS
2025-03-14
change-account-reference-date-company-previous-extended
accounts · AA01
2025-01-30
termination-secretary-company-with-name-termination-date
officers · TM02
2024-12-09
termination-director-company-with-name-termination-date
officers · TM01
2024-12-09
capital-allotment-shares
capital · SH01
2024-10-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-22
accounts-with-accounts-type-group
accounts · AA
2024-07-09
termination-director-company-with-name-termination-date
officers · TM01
2024-04-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-02
resolution
resolution · RESOLUTIONS
2023-03-03
accounts-with-accounts-type-group
accounts · AA
2023-01-31
termination-director-company-with-name-termination-date
officers · TM01
2022-11-11
resolution
resolution · RESOLUTIONS
2022-09-16