ABACUS SIGMA LIMITED
- 70229Management consultancy activities other than financial management
Opportunity 76/100 (strong), bankability 80/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · oldest 24.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-1.1k | £-1.3k |
| Current assets | £36 | £51 |
| Net assets | £-1.7k | £-1.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 2 confirmation-statement
- • 1 accounts
Corporate timeline (23 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-06📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-06📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-03-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-29📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2017-12-29📄legacycapital · SH20
- 2017-12-29⚠️legacyinsolvency · CAP-SS
- 2016-01-04➖WAY, Jennifer resigneddirector
- 2002-04-15🔒Charge registered #3Lender: Ulster Bank Limited
- 2002-04-15🔒Charge registered #2Lender: Ulster Bank Limited
- 2002-04-15🔒Charge registered #1Lender: Ulster Bank Limited
- 1993-12-15🏢Company incorporatedAs ABACUS SIGMA LIMITED
- 1993-12-15➕HEATH, Audrey appointedsecretary
- 1993-12-15➕HEATH, Michael John appointeddirector
- 1993-12-15➕WAY, Jennifer appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 32 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2017-12-29: legacy
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Michael Heath Individual · British · DOB 09/1957 · age 69 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Audrey Heath Individual · British · DOB 11/1960 · age 66 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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10 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 →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
Registered office
Filing status
Officers (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Ulster Bank Limited | Mortgage or charge | 1 property | 15/04/2002 | — | |
| outstanding | NatWest Group Ulster Bank Limited | Mortgage or charge | 1 property | 15/04/2002 | — | |
| outstanding | NatWest Group Ulster Bank Limited | Mortgage or charge | 1 property | 15/04/2002 | — |