42ABLE LIMITED
🌱Startupactive
16050185 · ltd · incorporated 2024-10-30
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).
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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
10 connected companies via shared directors
75
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 |
|---|
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
0
filings
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2025-11-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-03-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-03-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-13📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-11-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-30🏢Company incorporatedAs 42ABLE LIMITED
- 2024-10-30➕FINNEY, James Michael appointeddirector
- 2024-10-30➕TAYLOR, Benjamin Adam, Dr appointeddirector
- 2024-10-30📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Young company: Only 1.5 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited 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
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Michael Finney Individual · Welsh · DOB 04/1993 · age 33 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 30/10/2024 |
Dr Benjamin Adam Taylor Individual · Welsh · DOB 05/1993 · age 33 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/01/2025 |
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 →Similar companies
Active · Technology · LL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 13TH APOSTLE LTD→ 08957669 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| 3 MAD MEN LTD→ 15554630 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 73 DEGREE FILMS LIMITED→ 10766606 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A HARRISON CONSULTANCY LIMITED→ 14162765 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A5 MULTIMEDIA LIMITED→ 06025394 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| A5AV LTD→ 12791242 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AB ENTERPRISE CONSULTING LTD→ 11414270 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACCENT SOFTWARE LIMITED→ 02975766 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| ACOUSTIC TRADING LTD→ 05309400 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ACTON EDOCS SYSTEMS LTD→ 12207976 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACTON WEB SERVICES LTD→ 14147407 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADIGILEAP LIMITED→ 16109921 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2024-10-30
Jurisdictionwales
Primary SIC62012 — Business and domestic software development
Registered office
42able Hq Menai Science Park
Gaerwen
LL60 6AG
Wales
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-30
Last: 2025-11-16
Officers (2 active · 0 resigned)
FINNEY, James Michael→
Activedirector · ~33y · appointed 2024-10-30
View their other companies + combined net worth →
TAYLOR, Benjamin Adam, Dr→
Activedirector · ~33y · appointed 2024-10-30
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (16 total)
change-person-director-company-with-change-date
officers · CH01
2025-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-16
change-person-director-company-with-change-date
officers · CH01
2025-11-14
change-person-director-company-with-change-date
officers · CH01
2025-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-14
accounts-with-accounts-type-dormant
accounts · AA
2025-03-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-14
change-account-reference-date-company-current-shortened
accounts · AA01
2024-11-13
change-person-director-company-with-change-date
officers · CH01
2024-11-13
change-person-director-company-with-change-date
officers · CH01
2024-11-13