AB PROPERTY SERVICES(NORTH WEST) LTD

💤Zombieactive
13936614 · ltd · incorporated 2022-02-23
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 Feb 2025
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£10k£19k£29k£38k£48kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£20.2k
Current assets£48.0k
Cash£29.0k
Debtors£19.0k
Net assets£19.9k
Average employees1

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

🔒Filing-note intelligence

1 signal 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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-06-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-06-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-06-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-03-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2024-10-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-10-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2024-10-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2024-08-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2024-05-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-12-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2022-12-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2022-12-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-11-14
    CLUCAS, Andrew Richard resigned
    director
  17. 2022-08-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2022-08-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2022-08-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2022-08-02
    CLUCAS, Andrew Richard appointed
    director
  21. 2022-08-02
    📄
    capital-allotment-shares
    capital · SH01
  22. 2022-02-23
    🏢
    Company incorporated
    As AB PROPERTY SERVICES(NORTH WEST) LTD
  23. 2022-02-23
    BRENNAN, Luke Philip appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material 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 signal

Some 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

1 high · 1 low
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-16

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Luke Philip Brennan
Individual · British · DOB 10/1990 · age 36
5075%
50–75%board control50-75% shares · 50-75% voting · board control23/02/2022
Mrs Katy Louise Brennan
Individual · British · DOB 07/1991 · age 35
2550%
25–50%25-50% shares · 25-50% voting28/02/2025
1 historic (ceased) PSC
  • Mr Andrew Richard Clucasceased 14/11/2022· 25-50% shares · 25-50% voting

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

9 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
Incorporated2022-02-23
Jurisdictionengland-wales
Primary SIC98000 — Residents property management

Registered office

Fourth Floor, Unit 5b The Parklands
Lostock
Bolton
BL6 4SD
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-05-16OVERDUE
Last: 2025-05-02

Officers (1 active · 1 resigned)

BRENNAN, Luke Philip
director · ~36y · appointed 2022-02-23
View their other companies + combined net worth →
Active
CLUCAS, Andrew Richard
director · ~36y · appointed 2022-08-02 · resigned 2022-11-14
Resigned

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

Recent filings (26 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
change-person-director-company-with-change-date
officers · CH01
2025-06-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-07
change-person-director-company-with-change-date
officers · CH01
2024-10-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-10
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-02