ABL RESOURCES LTD

💤Zombieactive
04599110 · ltd · incorporated 2002-11-25
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 Dec 2024
Net worth
—
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 74909Other professional, scientific and technical activities n.e.c.
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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

Company profile
address, 2 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
8 officers (2 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£31k£63k£94k£126k£157kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets—£70.7k
Current assets—£157.1k
Cash—£30.0k
Debtors—£127.1k
Net assets—£50.6k
Average employees2—

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

🔒Filing-note intelligence

3 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-07-11
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  9. 2018-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-05-05
    ➖
    MORGAN, Stuart Douglas resigned
    director
  12. 2017-05-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2016-07-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-02-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2015-12-31
    ➖
    DRISCOLL, Mark resigned
    director
  16. 2015-12-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2013-06-01
    ➕
    DRISCOLL, Mark appointed
    director
  18. 2013-05-31
    ➖
    PARSONS, Neil resigned
    director
  19. 2012-12-10
    ➖
    NASON, Elliot resigned
    director
  20. 2012-04-07
    ➕
    NASON, Elliot appointed
    director
  21. 2007-10-01
    ➕
    PARSONS, Neil appointed
    director
  22. 2006-06-08
    ➖
    SHELLEY, Elaine Fiona resigned
    director
  23. 2006-05-05
    ➖
    STOCK, Michael John resigned
    director
  24. 2002-11-25
    🏢
    Company incorporated
    As ABL RESOURCES LTD
  25. 2002-11-25
    ➕
    MORGAN, Stuart Douglas appointed
    secretary
  26. 2002-11-25
    ➕
    RANA, Khurram Aman appointed
    director
  27. 2002-11-25
    ➕
    MORGAN, Stuart Douglas appointed
    director
  28. 2002-11-25
    ➕
    SHELLEY, Elaine Fiona appointed
    director
  29. 2002-11-25
    ➕
    STOCK, Michael John appointed
    director

Owner dependency

85/100
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 23 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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 Khurram Aman Rana
Individual · British · DOB 12/1973 · age 53
75–100%
—75-100% shares06/04/2016
1 historic (ceased) PSC
  • Mr Stuart Douglas Morganceased 10/05/2017· 50-75% shares

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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11 SQUARES LTD→
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A.E.G MANAGEMENT LIMITED→
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AA RENTALS LIMITED→
17127935 · est 2026 · no financials extracted
———————
ABC NORTH EAST LIMITED→
06796066 · est 2009 · no financials extracted
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ABL INSPECTION LTD→
08386306 · est 2013 · no financials extracted
————13y——
AC FINANCE SOLUTIONS LTD→
09318148 · est 2014 · no financials extracted
————11y——
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
Incorporated2002-11-25
Jurisdictionengland-wales
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

Ground Floor Finchale House
Belmont Business Park
Durham
DH1 1TW

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-04
Last: 2025-04-20

Officers (2 active · 6 resigned)

MORGAN, Stuart Douglas→
secretary · appointed 2002-11-25
View their other companies + combined net worth →
Active
RANA, Khurram Aman→
director · ~53y · appointed 2002-11-25
View their other companies + combined net worth →
Active
DRISCOLL, Mark→
director · ~51y · appointed 2013-06-01 · resigned 2015-12-31
Resigned
MORGAN, Stuart Douglas→
director · ~56y · appointed 2002-11-25 · resigned 2017-05-05
Resigned
NASON, Elliot→
director · ~52y · appointed 2012-04-07 · resigned 2012-12-10
Resigned
PARSONS, Neil→
director · ~61y · appointed 2007-10-01 · resigned 2013-05-31
Resigned
SHELLEY, Elaine Fiona→
director · ~53y · appointed 2002-11-25 · resigned 2006-06-08
Resigned
STOCK, Michael John→
director · ~67y · appointed 2002-11-25 · resigned 2006-05-05
Resigned

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

Recent filings (88 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-10
confirmation-statement-with-updates
confirmation-statement · CS01
2020-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-17
change-person-secretary-company-with-change-date
officers · CH03
2019-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-08