ABFS2 LIMITED

💤Zombieactive
13024255 · ltd · incorporated 2020-11-16
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 Nov 2024
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Activities of open-ended investment companies
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (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: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (74/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (1 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-30

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-07-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-07-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-07-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-07-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-07-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-07-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-07-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2025-07-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-07-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2025-07-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-07-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-07-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-07-22
    📄
    administrative-restoration-company
    restoration · RT01
  14. 2025-07-15
    NELSON, Deanne resigned
    director
  15. 2025-07-15
    SIMPSON, Paul resigned
    director
  16. 2025-07-15
    SPRINGER, Kwamina resigned
    director
  17. 2025-06-03
    DUNBAR, Simon resigned
    director
  18. 2025-06-03
    FABUNMI, Akkem resigned
    director
  19. 2025-06-03
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  20. 2025-03-18
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  21. 2025-02-04
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  22. 2025-02-04
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  23. 2025-02-04
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  24. 2025-02-04
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  25. 2025-02-04
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  26. 2025-02-04
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  27. 2024-07-01
    NELSON, Deanne appointed
    director
  28. 2023-09-01
    SPRINGER, Kwamina appointed
    director
  29. 2023-05-01
    DUNBAR, Simon appointed
    director
  30. 2022-05-31
    JOHNSON, Paul resigned
    director
  31. 2022-02-07
    SIMPSON, Paul appointed
    director
  32. 2021-11-08
    FABUNMI, Akkem appointed
    director
  33. 2021-11-08
    JOHNSON, Paul appointed
    director
  34. 2021-11-01
    FABUNMI-STONE, Ade resigned
    secretary
  35. 2020-11-16
    🏢
    Company incorporated
    As ABFS2 LIMITED
  36. 2020-11-16
    FABUNMI-STONE, Adekunbi Ibrahim appointed
    director
  37. 2020-11-16
    FABUNMI-STONE, Ade appointed
    secretary

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med · 1 low
5 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: DUNBAR, Simon resigned 2025-06-03; FABUNMI, Akkem resigned 2025-06-03; NELSON, Deanne resigned 2025-07-15

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
Mr Adekunbi Fabunmi-Stone
Individual · British · DOB 03/1964 · age 62
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/11/2020

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
Incorporated2020-11-16
Jurisdictionengland-wales
Primary SIC64304 — Activities of open-ended investment companies

Registered office

215 Lower Addiscombe Road
Croydon
Surrey
CR0 6RB

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-08-13
Last: 2025-07-30

Officers (1 active · 7 resigned)

FABUNMI-STONE, Adekunbi Ibrahim
director · ~62y · appointed 2020-11-16
View their other companies + combined net worth →
Active
FABUNMI-STONE, Ade
secretary · appointed 2020-11-16 · resigned 2021-11-01
Resigned
DUNBAR, Simon
director · ~72y · appointed 2023-05-01 · resigned 2025-06-03
Resigned
FABUNMI, Akkem
director · ~62y · appointed 2021-11-08 · resigned 2025-06-03
Resigned
JOHNSON, Paul
director · ~62y · appointed 2021-11-08 · resigned 2022-05-31
Resigned
NELSON, Deanne
director · ~56y · appointed 2024-07-01 · resigned 2025-07-15
Resigned
SIMPSON, Paul
director · ~61y · appointed 2022-02-07 · resigned 2025-07-15
Resigned
SPRINGER, Kwamina
director · ~52y · appointed 2023-09-01 · resigned 2025-07-15
Resigned

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

Recent filings (40 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-30
change-person-director-company-with-change-date
officers · CH01
2025-07-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-28
accounts-with-accounts-type-dormant
accounts · AA
2025-07-28
termination-director-company-with-name-termination-date
officers · TM01
2025-07-28
termination-director-company-with-name-termination-date
officers · TM01
2025-07-28
termination-director-company-with-name-termination-date
officers · TM01
2025-07-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-22
change-person-director-company-with-change-date
officers · CH01
2025-07-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-22
termination-director-company-with-name-termination-date
officers · TM01
2025-07-22
termination-director-company-with-name-termination-date
officers · TM01
2025-07-22
termination-director-company-with-name-termination-date
officers · TM01
2025-07-22
administrative-restoration-company
restoration · RT01
2025-07-22