ABIDEV LTD

🌿Early-stageactive
14848007 · ltd · incorporated 2023-05-04
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.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£15
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 0.3y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.3 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 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
1 connected companies via shared directors
48
Filing history
8 filings
60
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
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £15
Net assets shrinking
Down £85 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£15
↓ 85% YoY
Current Assets
£65
↓ 94% YoY
Current Liabilities
£0£200£400£600£800£1kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£15£100
Current assets£65£1.0k
Net assets£15£100

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
1
filing
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-04-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-04-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-04-02
    🔒
    Charge registered #2
    Lender: Barclays Security Trustee Limited
  4. 2026-04-02
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  5. 2025-06-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-05-04
    🏢
    Company incorporated
    As ABIDEV LTD
  8. 2023-05-04
    DOGRA, Neha appointed
    director
  9. 2023-05-04
    SHARMA, Rakesh appointed
    director
  10. 2023-05-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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
Mr Rakesh Sharma
Individual · British · DOB 08/1983 · age 43
5075%
50–75%board control50-75% shares · 50-75% voting · board control04/05/2023
Mrs Neha Dogra
Individual · British · DOB 11/1986 · age 40
2550%
25–50%25-50% shares · 25-50% voting04/05/2023

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

8 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
Incorporated2023-05-04
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

12 Whitehaven
Luton
LU3 4BX
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-17
Last: 2026-05-03

Officers (2 active · 0 resigned)

DOGRA, Neha
director · ~40y · appointed 2023-05-04
View their other companies + combined net worth →
Active
SHARMA, Rakesh
director · ~43y · appointed 2023-05-04
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge02/04/2026
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge1 property02/04/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (8 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-17
incorporation-company
incorporation · NEWINC
2023-05-04