CHARLIE ABEL LIMITED

💤Zombieactive
SC266725 · ltd · incorporated 2004-04-20
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
£-18.6k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Performing arts
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
47 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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £18,600

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£19k
↓ 165% YoY
Current Assets
£17k
↓ 13% YoY
Current Liabilities
-£19k-£11k-£3k£4k£12k£20kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£-3.5k£11.4k
Current assets£17.2k£19.8k
Net assets£-18.6k£-7.0k

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 (19 events)Click to expand
  1. 2026-01-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-01-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-01-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-04-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-04-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-10-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-05-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-10-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2004-04-20
    🏢
    Company incorporated
    As CHARLIE ABEL LIMITED
  18. 2004-04-20
    GORGONI, Barbara, Dr appointed
    secretary
  19. 2004-04-20
    ABEL, Charlie appointed
    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.
  • +Founder name in company name: Company name contains director surname "ABEL" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 22 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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 Charlie Abel
Individual · British · DOB 08/1975 · age 51
75100%
75-100% shares06/04/2016

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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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
Incorporated2004-04-20
Jurisdictionscotland
Primary SIC90010 — Performing arts

Registered office

29 Redmoss Road
Aberdeen
AB12 3JD

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-04
Last: 2025-04-20

Officers (2 active · 0 resigned)

GORGONI, Barbara, Dr
secretary · appointed 2004-04-20
View their other companies + combined net worth →
Active
ABEL, Charlie
director · ~51y · appointed 2004-04-20
View their other companies + combined net worth →
Active

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

Recent filings (47 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-31