ADEPT BUILDING SERVICES LIMITED
💤Zombieactive
03204392 · ltd · incorporated 1996-05-28
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 May 2025
Net worth
£-8.9k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -88% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 24.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.2 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, 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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £8,896
Net assets shrinking
Down £79,770 YoY
Cash draining
Cash down 88% YoY
Cash YoY
-88%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£9k
↓ 88% YoY
Net Worth
-£9k
↓ 113% YoY
Current Assets
£26k
↓ 66% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £28.3k | £70.9k |
| Current assets | £26.1k | £77.7k |
| Cash | £8.7k | £72.7k |
| Debtors | £12.4k | — |
| Net assets | £-8.9k | £70.9k |
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
2
filings
- • 2 confirmation-statement
Last 90 days
2
filings
- • 2 confirmation-statement
Last 180 days
7
filings
- • 2 confirmation-statement
- • 2 persons-with-significant-control
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-05-21📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-24📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-23📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-02-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-28📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-28📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-04-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2002-03-19🔒Charge registered #1Lender: National Westminster Bank PLC
- 1996-05-29➕PUGH, Trudy Anne appointedsecretary
- 1996-05-29➕PUGH, Cary Vincent appointeddirector
- 1996-05-29➖ASHCROFT CAMERON SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1996-05-29➖ASHCROFT CAMERON NOMINEES LIMITED resignedcorporate-nominee-director
- 1996-05-28🏢Company incorporatedAs ADEPT BUILDING SERVICES LIMITED
- 1996-05-28➕ASHCROFT CAMERON SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1996-05-28➕ASHCROFT CAMERON NOMINEES LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe 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 30 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 30 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Trudy Anne Pugh Individual · British · DOB 02/1958 · age 68 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/06/2016 |
Cary Vincent Pugh Individual · British · DOB 03/1958 · age 68 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · HP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 93 DEVELOPMENTS LTD→ 13414370 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A. DODD & SON (CONSTRUCTION) LIMITED→ 01130579 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| ABM ELECTRICAL CONTRACTING LIMITED→ 04406031 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| ACARL LTD→ 16532187 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACM PROPERTY RENOVATIONS LTD→ 14822859 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAM JOHN WIGGINS PLASTERING LTD→ 17075766 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADAMS PLUMBING & CONSTRUCTION LTD→ 12243206 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADDENERGY LTD→ 17117206 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADIVO - BUNTINGBRIDGE ROAD LIMITED→ 11901996 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADIVO HOMES LIMITED→ 11723437 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADMAX LTD→ 09078787 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADMO SERVICES LIMITED→ 11485869 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated1996-05-28
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.
Registered office
1 Chiltern Business Centre
63-65 Woodside Road
Amersham
Buckinghamshire
HP6 6AA
United Kingdom
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-20
Last: 2026-05-06
Officers (2 active · 2 resigned)
Active
PUGH, Cary Vincent→
Activedirector · ~68y · appointed 1996-05-29
View their other companies + combined net worth →
ASHCROFT CAMERON SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1996-05-28 · resigned 1996-05-29
ASHCROFT CAMERON NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1996-05-28 · resigned 1996-05-29
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 19/03/2002 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (79 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-29
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-05-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-24
change-person-director-company-with-change-date
officers · CH01
2026-02-24
change-person-secretary-company-with-change-date
officers · CH03
2026-02-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-20
change-person-director-company-with-change-date
officers · CH01
2025-04-28
change-person-secretary-company-with-change-date
officers · CH03
2025-04-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-30