AAB SKT LTD

💤Zombieactive
14875360 · ltd · incorporated 2023-05-17
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 May 2025
Net worth
£11.4k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Unlicenced Carrier
Sector: Transportation & storage
Investor take
Special-situation opportunity
Distressed transport 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: 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: medium (75/100)

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, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
6 filings
60
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 £11,380

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£11k
↑ 78% YoY
Current Assets
£19k
↑ 108% YoY
Current Liabilities
£0£4k£8k£11k£15k£19kMay 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£11.4k£6.4k
Current assets£18.8k£9.0k
Net assets£11.4k£6.4k

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

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-05-17
    🏢
    Company incorporated
    As AAB SKT LTD
  5. 2023-05-17
    BUTT, Adeel appointed
    secretary
  6. 2023-05-17
    BUTT, Adeel appointed
    director
  7. 2023-05-17
    📄
    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: 2026-05-29

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Adeel Butt
Individual · Pakistani · DOB 12/1987 · age 39
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/05/2023

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

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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated2023-05-17
Jurisdictionengland-wales
Primary SIC53202 — Unlicenced Carrier

Registered office

64 Wiltshire Avenue
Slough
SL2 1BA
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-29OVERDUE
Last: 2025-05-15

Officers (2 active · 0 resigned)

BUTT, Adeel
secretary · appointed 2023-05-17
View their other companies + combined net worth →
Active
BUTT, Adeel
director · ~39y · appointed 2023-05-17
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
incorporation-company
incorporation · NEWINC
2023-05-17