A1 THERMOLINE LIMITED

💤Zombieactive
03098196 · ltd · incorporated 1995-09-04
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 Jul 2025
Net worth
£45.2k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (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 28.2y

45/100
under pressure

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

  • · Oldest live charge is 28.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
13 officers (2 active, 13 linked, 8 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £45,248
Net assets shrinking
Down £8,970 YoY
Cash YoY
-17%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£50k
↓ 17% YoY
Net Worth
£45k
↓ 17% YoY
Current Assets
£90k
↓ 8.4% YoY
Current Liabilities
—
£0£20k£39k£59k£79k£98kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£48.2k£59.6k
Current assets£90.1k£98.4k
Cash£50.4k£60.6k
Debtors£6.7k£12.1k
Net assets£45.2k£54.2k

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 (41 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-01-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-01-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-03-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-09-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-01-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2014-09-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-03-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-07-29
    ➖
    KURLAK, Stefan Michael resigned
    director
  17. 2011-07-15
    ➖
    RODERICK, Peter resigned
    secretary
  18. 2011-07-15
    ➖
    RODERICK, Edna resigned
    director
  19. 2011-01-15
    ➕
    HOUGHTON, Ian appointed
    secretary
  20. 2008-01-01
    ➕
    HOUGHTON, Ian appointed
    director
  21. 2006-11-10
    ➕
    RODERICK, Edna appointed
    director
  22. 2006-06-23
    ➖
    RODERICK, John Kenneth resigned
    director
  23. 2003-10-01
    ➕
    KURLAK, Stefan Michael appointed
    director
  24. 1998-06-10
    ➖
    COOKE, Stephen resigned
    director
  25. 1998-06-10
    ➕
    RODERICK, John Kenneth appointed
    director
  26. 1998-04-03
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  27. 1997-03-18
    ➕
    COOKE, Stephen appointed
    director
  28. 1997-03-18
    ➖
    RODERICK, John Kenneth resigned
    director
  29. 1997-03-18
    ➖
    RODERICK, Peter resigned
    director
  30. 1996-01-06
    ➕
    RODERICK, Peter appointed
    secretary
  31. 1996-01-06
    ➖
    SIMONS, Mark resigned
    secretary
  32. 1996-01-06
    ➖
    SIMONS, Mark resigned
    director
  33. 1995-09-04
    🏢
    Company incorporated
    As A1 THERMOLINE LIMITED
  34. 1995-09-04
    ➕
    SIMONS, Mark appointed
    secretary
  35. 1995-09-04
    ➕
    BLACKFRIAR SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  36. 1995-09-04
    ➖
    BLACKFRIAR SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  37. 1995-09-04
    ➕
    RODERICK, John Kenneth appointed
    director
  38. 1995-09-04
    ➕
    RODERICK, Peter appointed
    director
  39. 1995-09-04
    ➕
    SIMONS, Mark appointed
    director
  40. 1995-09-04
    ➕
    BLACKFRIAR DIRECTORS LIMITED appointed
    corporate-nominee-director
  41. 1995-09-04
    ➖
    BLACKFRIAR DIRECTORS LIMITED resigned
    corporate-nominee-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 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
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.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 31 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 Ian Houghton
Individual · British · DOB 05/1976 · age 50
75–100%
—75-100% shares01/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1995-09-04
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

Unit 1c Blackminster Business Park
Blackminster
Evesham
Worcestershire
WR11 7RE

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04

Officers (2 active · 11 resigned)

HOUGHTON, Ian→
secretary · appointed 2011-01-15
View their other companies + combined net worth →
Active
HOUGHTON, Ian→
director · ~50y · appointed 2008-01-01
View their other companies + combined net worth →
Active
RODERICK, Peter→
secretary · appointed 1996-01-06 · resigned 2011-07-15
Resigned
SIMONS, Mark→
secretary · appointed 1995-09-04 · resigned 1996-01-06
Resigned
BLACKFRIAR SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1995-09-04 · resigned 1995-09-04
Resigned
COOKE, Stephen→
director · ~70y · appointed 1997-03-18 · resigned 1998-06-10
Resigned
KURLAK, Stefan Michael→
director · ~69y · appointed 2003-10-01 · resigned 2011-07-29
Resigned
RODERICK, Edna→
director · ~86y · appointed 2006-11-10 · resigned 2011-07-15
Resigned
RODERICK, John Kenneth→
director · ~92y · appointed 1998-06-10 · resigned 2006-06-23
Resigned
RODERICK, John Kenneth→
director · ~92y · appointed 1995-09-04 · resigned 1997-03-18
Resigned
RODERICK, Peter→
director · ~66y · appointed 1995-09-04 · resigned 1997-03-18
Resigned
SIMONS, Mark→
director · ~65y · appointed 1995-09-04 · resigned 1996-01-06
Resigned
BLACKFRIAR DIRECTORS LIMITED→
corporate-nominee-director · appointed 1995-09-04 · resigned 1995-09-04
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
Midland Bank
Midland Bank PLC
Debenture1 property03/04/1998—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (91 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-14