ABSOLUTE PLUMBING LIMITED

💤Zombieactive
14718651 · ltd · incorporated 2023-03-09
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
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Turnover
year to Apr 2025
Net worth
£37.2k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
ALSO REGISTERED FOR
  • 43390Other building completion and finishing
  • 43999Other specialised construction activities n.e.c.
  • 81222Specialised cleaning services
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 62/100 (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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (58/100).

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, 4 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £37,189
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£37k
↑ 93% YoY
Current Assets
£54k
↑ 148% YoY
Current Liabilities
£0£11k£22k£33k£43k£54kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£99.8k£56.3k
Current assets£54.3k£21.9k
Net assets£37.2k£19.2k

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 (12 events)Click to expand
  1. 2026-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-05-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-05-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-03-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-03-11
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  9. 2023-10-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-03-09
    🏢
    Company incorporated
    As ABSOLUTE PLUMBING LIMITED
  11. 2023-03-09
    MAUJEAN, Christiaan appointed
    director
  12. 2023-03-09
    📄
    incorporation-company
    incorporation · NEWINC

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 ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-22

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Christiaan Maujean
Individual · South African · DOB 09/1990 · age 36
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/03/2023

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

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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
Typeltd
Incorporated2023-03-09
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

11 Woodgate Drive
London
Greater London
SW16 5YP
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-03-22OVERDUE
Last: 2025-03-08

Officers (1 active · 0 resigned)

MAUJEAN, Christiaan
director · ~36y · appointed 2023-03-09
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-29
change-person-director-company-with-change-date
officers · CH01
2025-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-15
change-person-director-company-with-change-date
officers · CH01
2024-03-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-12
change-account-reference-date-company-current-extended
accounts · AA01
2024-03-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-23
incorporation-company
incorporation · NEWINC
2023-03-09