AC CABLES LIMITED

💤Zombieactive
02789383 · ltd · incorporated 1993-02-12
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 Jan 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 32.9y

45/100
under pressure

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

  • · Oldest live charge is 32.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
92 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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-02-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-02-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-02-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-05-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2022-05-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2022-03-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-02-03
    GORDON, Derri Anthony appointed
    director
  8. 2022-02-03
    AC LIGHTING HOLDINGS LTD resigned
    corporate-secretary
  9. 2022-02-03
    LEGGETT, David Arthur resigned
    director
  10. 2022-02-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-02-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-02-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2021-06-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2021-06-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2021-06-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2021-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-11-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2018-10-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2006-08-11
    FLOYD, Richard William resigned
    director
  20. 2003-02-12
    SEARLES, Peter Charles resigned
    secretary
  21. 2003-02-12
    AC LIGHTING HOLDINGS LTD appointed
    corporate-secretary
  22. 1993-10-11
    KEENE, David William resigned
    secretary
  23. 1993-10-11
    SEARLES, Peter Charles appointed
    secretary
  24. 1993-10-11
    HERBERT, Jonathan Paul resigned
    director
  25. 1993-10-11
    KEENE, David William resigned
    director
  26. 1993-06-01
    🔒
    Charge registered #1
    Lender: A C Lighting Limited
  27. 1993-02-12
    🏢
    Company incorporated
    As AC CABLES LIMITED
  28. 1993-02-12
    KEENE, David William appointed
    secretary
  29. 1993-02-12
    CHETTLEBURGH INTERNATIONAL LIMITED appointed
    corporate-nominee-secretary
  30. 1993-02-12
    CHETTLEBURGH INTERNATIONAL LIMITED resigned
    corporate-nominee-secretary
  31. 1993-02-12
    FLOYD, Richard William appointed
    director
  32. 1993-02-12
    HERBERT, Jonathan Paul appointed
    director
  33. 1993-02-12
    KEENE, David William appointed
    director
  34. 1993-02-12
    LEGGETT, David Arthur appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 33 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

A.C. Worldwide Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
A.C. Worldwide Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
AC CABLES LIMITED
This company · 02789383

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
A.C. Worldwide Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control12/04/2022
1 historic (ceased) PSC
  • A.C. Lighting (Holdings) Ltdceased 12/04/2022· 75-100% shares · board control

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
Incorporated1993-02-12
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Centauri House Hillbottom Road
Sands Industrial Estate
High Wycombe
Buckinghamshire
HP12 4HQ

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09

Officers (1 active · 8 resigned)

GORDON, Derri Anthony
director · ~45y · appointed 2022-02-03
View their other companies + combined net worth →
Active
KEENE, David William
secretary · appointed 1993-02-12 · resigned 1993-10-11
Resigned
SEARLES, Peter Charles
secretary · appointed 1993-10-11 · resigned 2003-02-12
Resigned
AC LIGHTING HOLDINGS LTD
corporate-secretary · appointed 2003-02-12 · resigned 2022-02-03
Resigned
CHETTLEBURGH INTERNATIONAL LIMITED
corporate-nominee-secretary · appointed 1993-02-12 · resigned 1993-02-12
Resigned
FLOYD, Richard William
director · ~74y · appointed 1993-02-12 · resigned 2006-08-11
Resigned
HERBERT, Jonathan Paul
director · ~69y · appointed 1993-02-12 · resigned 1993-10-11
Resigned
KEENE, David William
director · ~72y · appointed 1993-02-12 · resigned 1993-10-11
Resigned
LEGGETT, David Arthur
director · ~73y · appointed 1993-02-12 · resigned 2022-02-03
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
A C Lighting
A C Lighting Limited
Debenture1 property01/06/1993
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (92 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-10
accounts-with-accounts-type-dormant
accounts · AA
2025-02-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-dormant
accounts · AA
2024-02-05
accounts-with-accounts-type-dormant
accounts · AA
2023-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-05-17
accounts-with-accounts-type-dormant
accounts · AA
2022-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-09
appoint-person-director-company-with-name-date
officers · AP01
2022-02-03
termination-director-company-with-name-termination-date
officers · TM01
2022-02-03
termination-secretary-company-with-name-termination-date
officers · TM02
2022-02-03
accounts-with-accounts-type-dormant
accounts · AA
2021-06-25