ACORN EXCAVATIONS LIMITED
💤Zombieactive
03407408 · ltd · incorporated 1997-07-23
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 Aug 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
PursueActive trading company with a 64-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 64). 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 26.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 26.0 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 (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
76 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-08-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-07-25➖FEASEY, Lilian resignedsecretary
- 2000-06-30🔒Charge registered #1Lender: National Westminster Bank PLC
- 1997-07-23🏢Company incorporatedAs ACORN EXCAVATIONS LIMITED
- 1997-07-23➕FEASEY, Steeven John appointeddirector
- 1997-07-23➕FEASEY, Lilian appointedsecretary
- 1997-07-23➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1997-07-23➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1997-07-23➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
- 1997-07-23➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
93/100
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 29 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
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 64. 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 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Steeven John Feasey Individual · British · DOB 03/1962 · age 64 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 23/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A G CONSTRUCTION (TILEHURST) LTD→ 10240576 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A. H. BUILDING CONTRACTORS LIMITED→ 04471414 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ACM ROOFING LTD→ 14348591 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADM BUILDERS LTD→ 10914569 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADM PLUMBING & HEATING SERVICES LTD→ 13761089 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADMG PROPERTIES LIMITED→ 05054954 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| ADORN DECORATING LTD→ 13930806 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADSHARE HOLDINGS LTD→ 15532637 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVANCE WINDOWS LTD→ 07197495 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ADVANCED DESIGN BUILD AND MANAGEMENT LTD→ 11783746 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADVANCED ENERGIES UK LTD→ 15681164 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVANCED MAINTENANCE UK LIMITED→ 03568457 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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
Incorporated1997-07-23
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.
Registered office
25 Heather Close Heather Close
Finchampstead
Wokingham
RG40 4PX
England
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-07-24
Last: 2026-07-10
Officers (1 active · 3 resigned)
FEASEY, Steeven John→
Activedirector · ~64y · appointed 1997-07-23
View their other companies + combined net worth →
FEASEY, Lilian→
Resignedsecretary · appointed 1997-07-23 · resigned 2012-07-25
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-07-23 · resigned 1997-07-23
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1997-07-23 · resigned 1997-07-23
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 | Mortgage debenture | 1 property | 30/06/2000 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (76 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-13