ABZ DEVELOPMENT LIMITED

🌳Matureactive
SC355121 · ltd · incorporated 2009-02-16
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 15.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · oldest 15.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 15.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
9 officers (5 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
28 connected companies via shared directors
90
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-28
Average employees4

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

🔒Filing-note intelligence

2 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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
  1. 2025-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-05-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-05-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-05-13
    🔓
    Charge satisfied #6
  6. 2025-05-13
    🔓
    Charge satisfied #5
  7. 2025-05-13
    🔓
    Charge satisfied #4
  8. 2024-12-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2023-12-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2022-11-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2022-07-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2022-07-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-06-30
    🔒
    Charge registered #6
    Lender: Bank of Scotland PLC
  14. 2022-06-30
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC
  15. 2022-06-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2022-06-06
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  17. 2022-01-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-12-31
    CURRAN, John William resigned
    director
  19. 2021-12-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2020-12-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2020-12-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2020-11-30
    KING, Allan Alexander appointed
    director
  23. 2020-11-30
    KING, Allan Duncan resigned
    director
  24. 2020-10-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  25. 2019-10-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  26. 2018-07-31
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  27. 2018-07-31
    🔓
    Charge satisfied #3
  28. 2018-05-30
    🔓
    Charge satisfied #2
  29. 2012-07-31
    PINSENT MASONS SECRETARIAL LIMITED appointed
    corporate-secretary
  30. 2012-07-31
    MD SECRETARIES LIMITED resigned
    corporate-secretary
  31. 2012-06-09
    🔓
    Charge satisfied #1
  32. 2012-06-07
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  33. 2012-04-02
    CURRAN, John William appointed
    director
  34. 2011-12-19
    KING, Allan Duncan appointed
    director
  35. 2011-12-13
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  36. 2011-08-25
    MD SECRETARIES LIMITED appointed
    corporate-secretary
  37. 2011-08-25
    RAEBURN CHRISTIE CLARK & WALLACE resigned
    corporate-secretary
  38. 2010-11-03
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  39. 2009-02-16
    🏢
    Company incorporated
    As ABZ DEVELOPMENT LIMITED
  40. 2009-02-16
    STEVENSON, George Stewart appointed
    director
  41. 2009-02-16
    STEVENSON, Paul Andrew, Mr. appointed
    director
  42. 2009-02-16
    STEVENSON, Timothy Stewart appointed
    director
  43. 2009-02-16
    RAEBURN CHRISTIE CLARK & WALLACE appointed
    corporate-secretary

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
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 81 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Ribnort Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ribnort Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ABZ DEVELOPMENT LIMITED
This company · SC355121

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ribnort Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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
Incorporated2009-02-16
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

13 Queen's Road
Aberdeen
AB15 4YL

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-20
Last: 2026-03-06

Officers (5 active · 4 resigned)

PINSENT MASONS SECRETARIAL LIMITED
corporate-secretary · appointed 2012-07-31
View their other companies + combined net worth →
Active
KING, Allan Alexander
director · ~37y · appointed 2020-11-30
View their other companies + combined net worth →
Active
STEVENSON, George Stewart
director · ~81y · appointed 2009-02-16
View their other companies + combined net worth →
Active
STEVENSON, Paul Andrew, Mr.
director · ~46y · appointed 2009-02-16
View their other companies + combined net worth →
Active
STEVENSON, Timothy Stewart
director · ~49y · appointed 2009-02-16
View their other companies + combined net worth →
Active
MD SECRETARIES LIMITED
corporate-secretary · appointed 2011-08-25 · resigned 2012-07-31
Resigned
RAEBURN CHRISTIE CLARK & WALLACE
corporate-secretary · appointed 2009-02-16 · resigned 2011-08-25
Resigned
CURRAN, John William
director · ~75y · appointed 2012-04-02 · resigned 2021-12-31
Resigned
KING, Allan Duncan
director · ~65y · appointed 2011-12-19 · resigned 2020-11-30
Resigned

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

Mortgages & charges

6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge30/06/202213/05/2025
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge30/06/202213/05/2025
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property06/06/202213/05/2025
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property07/06/201231/07/2018
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property13/12/201130/05/2018
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property03/11/201009/06/2012

Recent filings (67 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-07
accounts-with-accounts-type-small
accounts · AA
2024-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-12
accounts-with-accounts-type-small
accounts · AA
2023-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
accounts-with-accounts-type-small
accounts · AA
2022-11-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07