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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒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
0
filings
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.

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—£3.06M—23y8366y
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£637.9k
£542.2k–£733.6k
—£637.9k—21y8360y
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—£78.2k—26y8271y
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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