ABZCO LTD.

💤Zombieactive
SC223809 · ltd · incorporated 2001-10-01
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
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£655.5k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68201Renting and operating of Housing Association real estate
  • 70229Management consultancy activities other than financial management
Investor take
Pursue
Property-backed borrower with a 77-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 19.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 · FRS 102
Positive net assets
Net assets £655,533
Net assets shrinking
Down £52,197 YoY
Cash YoY
-19%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£205k
↓ 19% YoY
Net Worth
£656k
↓ 7.4% YoY
Current Assets
£205k
↓ 19% YoY
Current Liabilities
—
£0£142k£283k£425k£566k£708kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-052024-04-05
Total assets£676.0k£729.2k
Current assets£205.3k£253.7k
Cash£205.1k£252.3k
Debtors£122£1.4k
Net assets£655.5k£707.7k

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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-20
    📄
    capital-return-purchase-own-shares
    capital · SH03
  3. 2025-05-23
    📄
    capital-cancellation-shares
    capital · SH06
  4. 2024-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-10-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-10-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-05-10
    📄
    capital-cancellation-shares
    capital · SH06
  8. 2024-05-10
    📄
    capital-return-purchase-own-shares
    capital · SH03
  9. 2023-11-13
    📄
    capital-return-purchase-own-shares
    capital · SH03
  10. 2023-11-10
    📄
    capital-cancellation-shares
    capital · SH06
  11. 2023-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-10-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2023-10-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-10-18
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2023-09-22
    ➖
    ROBERTSON, Carol Anne resigned
    secretary
  16. 2023-09-22
    ➖
    ROBERTSON, Carol Anne resigned
    director
  17. 2022-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-07-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2020-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-01-29
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  22. 2009-10-30
    ➖
    ABZCO LTD resigned
    corporate-secretary
  23. 2007-01-29
    🔒
    Charge registered #1
    Lender: Mortgage Express
  24. 2006-11-14
    ➕
    ROBERTSON, Carol Anne appointed
    director
  25. 2001-10-05
    ➖
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  26. 2001-10-05
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  27. 2001-10-01
    🏢
    Company incorporated
    As ABZCO LTD.
  28. 2001-10-01
    ➕
    ROBERTSON, Alexander Clark appointed
    director
  29. 2001-10-01
    ➕
    ROBERTSON, Carol Anne appointed
    secretary
  30. 2001-10-01
    ➕
    ABZCO LTD appointed
    corporate-secretary
  31. 2001-10-01
    ➕
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  32. 2001-10-01
    ➕
    FORM 10 DIRECTORS FD LTD appointed
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alexander Clark Robertson
Individual · British · DOB 04/1949 · age 77
75–100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence06/04/2016
1 historic (ceased) PSC
  • Mrs Carol Anne Robertsonceased 22/09/2023· board control · significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

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J & E NOMINEES LIMITED→
SC237007 · est 2002
£3.06M
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—£3.06M—23y8366y
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SC283813 · est 2005
£637.9k
£542.2k–£733.6k
—£637.9k—21y8360y
A & K PROPERTIES LIMITED→
SC199663 · est 1999
£78.2k
£66.4k–£89.9k
—£78.2k—26y8271y
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SC083127 · est 1983
£39.9k
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—£39.9k—42y8379y
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—£16.4k—22y8362y
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———230021y8373y
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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
Incorporated2001-10-01
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Addicate Farmhouse
Muirton Of Ballochy
Montrose
DD10 9LR
Scotland

Filing status

Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01

Officers (1 active · 5 resigned)

ROBERTSON, Alexander Clark→
director · ~77y · appointed 2001-10-01
View their other companies + combined net worth →
Active
ROBERTSON, Carol Anne→
secretary · appointed 2001-10-01 · resigned 2023-09-22
Resigned
ABZCO LTD→
corporate-secretary · appointed 2001-10-01 · resigned 2009-10-30
Resigned
FORM 10 SECRETARIES FD LTD→
corporate-nominee-secretary · appointed 2001-10-01 · resigned 2001-10-05
Resigned
ROBERTSON, Carol Anne→
director · ~73y · appointed 2006-11-14 · resigned 2023-09-22
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-nominee-director · appointed 2001-10-01 · resigned 2001-10-05
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
Mortgage Express
Mortgage deed1 property29/01/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-10
capital-return-purchase-own-shares
capital · SH03
2025-06-20
capital-cancellation-shares
capital · SH06
2025-05-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-07
change-person-director-company-with-change-date
officers · CH01
2024-10-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-03
capital-cancellation-shares
capital · SH06
2024-05-10
capital-return-purchase-own-shares
capital · SH03
2024-05-10
capital-return-purchase-own-shares
capital · SH03
2023-11-13
capital-cancellation-shares
capital · SH06
2023-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-23
termination-director-company-with-name-termination-date
officers · TM01
2023-10-18