ABACUS TRANSPORT SERVICES LIMITED

🌿Early-stageactive
15548596 · ltd · incorporated 2024-03-08
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-54.9k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Other transportation support activities
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 76/100 (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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 1.9y

50/100
clean up first

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

  • · Newest facility, 1.9 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (74/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £54,879

Key financials

1 year extracted from filed iXBRL accounts
Cash
£8k
Net Worth
-£55k
Current Assets
£22k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£-30.2k
Current assets£21.6k
Cash£8.4k
Debtors£13.2k
Net assets£-54.9k

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-07-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-13
    ➕
    PARNELL, Robert Christopher appointed
    director
  3. 2025-01-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-01-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-12-20
    ➖
    PARNELL, Robert Christopher resigned
    director
  6. 2024-11-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-10-31
    ➕
    PARNELL, Raymond appointed
    director
  8. 2024-07-31
    ➖
    LEMONT, Sabrina Leona resigned
    director
  9. 2024-07-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-07-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-07-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2024-07-01
    🔒
    Charge registered #1
    Lender: Abacus Transport (South East) Limited (in Liquidation) Acting by Its Liquidator Myles Jacobson of Mj Advisory
  13. 2024-06-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2024-03-08
    🏢
    Company incorporated
    As ABACUS TRANSPORT SERVICES LIMITED
  15. 2024-03-08
    ➕
    LEMONT, Sabrina Leona appointed
    director
  16. 2024-03-08
    ➕
    PARNELL, Robert Christopher appointed
    director
  17. 2024-03-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.3 years old — management layer unlikely to be developed.

Succession & seller-readiness

26/100
Weak signal

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

SIGNALS
  • primaryFamily succession underway: Not a takeover target — PARNELL, Robert Christopher (same surname) appointed 2025-01-13. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Robert Christopher Parnell
Individual · British · DOB 03/1981 · age 45
50–75%
50–75%board control50-75% shares · 50-75% voting · board control08/03/2024
1 historic (ceased) PSC
  • Ms Sabrina Lemontceased 31/07/2024· 25-50% shares · 25-50% voting · board control

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
Incorporated2024-03-08
Jurisdictionengland-wales
Primary SIC52290 — Other transportation support activities

Registered office

13 Bradmore Green
Brookmans Park
Hatfield
AL9 7QW
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-21
Last: 2026-03-07

Officers (2 active · 2 resigned)

PARNELL, Raymond→
director · ~74y · appointed 2024-10-31
View their other companies + combined net worth →
Active
PARNELL, Robert Christopher→
director · ~45y · appointed 2025-01-13
View their other companies + combined net worth →
Active
LEMONT, Sabrina Leona→
director · ~53y · appointed 2024-03-08 · resigned 2024-07-31
Resigned
PARNELL, Robert Christopher→
director · ~45y · appointed 2024-03-08 · resigned 2024-12-20
Resigned

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
Abacus Transport (South East) (in Liquidation) Acting by Its Liquidator Myles Jacobson of Mj Advisory
Abacus Transport (South East) Limited (in Liquidation) Acting by Its Liquidator Myles Jacobson of Mj Advisory
A registered charge—01/07/2024—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (11 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-02
appoint-person-director-company-with-name-date
officers · AP01
2025-01-13
termination-director-company-with-name-termination-date
officers · TM01
2025-01-07
appoint-person-director-company-with-name-date
officers · AP01
2024-11-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-31
termination-director-company-with-name-termination-date
officers · TM01
2024-07-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-14
incorporation-company
incorporation · NEWINC
2024-03-08