ABOVE AND BELOW PAR LIMITED

🌿Early-stageactive
14867312 · ltd · incorporated 2023-05-14
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Filings: 9 → 10
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • Filings: 910
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£-15.5k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Tour operator activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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, 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 (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
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £15,499

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£15k
↓ 162% YoY
Current Assets
£6k
↑ 666% YoY
Current Liabilities
-£15k-£11k-£7k-£2k£2k£6kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£907£-1.3k
Current assets£6.3k£822
Net assets£-15.5k£-5.9k

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-02-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-02-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-05-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-05-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-05-14
    🏢
    Company incorporated
    As ABOVE AND BELOW PAR LIMITED
  8. 2023-05-14
    BROMILOW, Isabel Janet appointed
    director
  9. 2023-05-14
    BROMILOW, Michael Leonard appointed
    director
  10. 2023-05-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • 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 Michael Leonard Bromilow
Individual · British · DOB 10/1957 · age 69
2550%
25–50%board control25-50% shares · 25-50% voting · board control14/05/2023
Mrs Isabel Janet Bromilow
Individual · British · DOB 09/1959 · age 67
2550%
25–50%board control25-50% shares · 25-50% voting · board control14/05/2023

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

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
Incorporated2023-05-14
Jurisdictionengland-wales
Primary SIC79120 — Tour operator activities

Registered office

1 The Elms
Silverstone
Towcester
NN12 8WD
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-27
Last: 2026-05-13

Officers (2 active · 0 resigned)

BROMILOW, Isabel Janet
director · ~67y · appointed 2023-05-14
View their other companies + combined net worth →
Active
BROMILOW, Michael Leonard
director · ~69y · appointed 2023-05-14
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-03
change-person-director-company-with-change-date
officers · CH01
2025-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-20
change-person-director-company-with-change-date
officers · CH01
2024-05-20
incorporation-company
incorporation · NEWINC
2023-05-14