ABINGER LTD

🌿Early-stageactive
13946691 · ltd · incorporated 2022-03-01
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 3.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£11.6k
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68201Renting and operating of Housing Association real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Property-backed borrower. Family succession underway — not a classic acquisition target.

Opportunity 72/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 3.9y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~3.9 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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, 3 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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 105 (micro)
Positive net assets
Net assets £11,609

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£12k
↑ 83% YoY
Current Assets
£23k
↑ 42% YoY
Current Liabilities
£0£5k£9k£14k£19k£23kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£215.6k£209.6k
Current assets£23.4k£16.5k
Net assets£11.6k£6.3k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-08-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2022-08-26
    🔒
    Charge registered #1
    Lender: Charter Court Financial Services Limited
  6. 2022-03-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-03-01
    🏢
    Company incorporated
    As ABINGER LTD
  8. 2022-03-01
    SHANMUGARAJAH, Manchula appointed
    director
  9. 2022-03-01
    SHANMUGARAJAH, Sellathurai appointed
    director
  10. 2022-03-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Sellathurai Shanmugarajah
Individual · British · DOB 03/1969 · age 57
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/03/2022
Manchula Shanmugarajah
Individual · British · DOB 10/1975 · age 51
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/03/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Property · SM postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A & D PACE LIMITED
10526507 · est 2016 · no financials extracted
9y
A CAPITAL PROPERTY HOLDINGS LTD
15951511 · est 2024 · no financials extracted
1y
A.G.D. PROPERTIES LIMITED
04275790 · est 2001 · no financials extracted
24y
A18 INVESTMENTS LTD
12214883 · est 2019 · no financials extracted
6y
A2 ELITE PROPERTIES LIMITED
16922228 · est 2025 · no financials extracted
A3 HEIGHTS LTD
14344365 · est 2022 · no financials extracted
3y
AAK BUILDERS & DEVELOPERS LIMITED
14261220 · est 2022 · no financials extracted
3y
ABIB PROPERTIES LIMITED
12711125 · est 2020 · no financials extracted
5y
ABNM LTD
15494431 · est 2024 · no financials extracted
2y
ACC HOMES LIMITED
15805511 · est 2024 · no financials extracted
1y
ACCCAN INVESTMENTS LTD
15496075 · est 2024 · no financials extracted
2y
ACCURIS PROPERTIES LIMITED
17109578 · est 2026 · no financials extracted
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
Incorporated2022-03-01
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

51 Abinger Avenue
Cheam
Surrey
SM2 7LW

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (2 active · 0 resigned)

SHANMUGARAJAH, Manchula
director · ~51y · appointed 2022-03-01
View their other companies + combined net worth →
Active
SHANMUGARAJAH, Sellathurai
director · ~57y · appointed 2022-03-01
View their other companies + combined net worth →
Active

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
TypeProperties
outstanding
Precise Mortgages
Charter Court Financial Services Limited
A registered charge1 property26/08/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-16
incorporation-company
incorporation · NEWINC
2022-03-01