A.E.P. (MODULAR CONSTRUCTION) LIMITED

🌳Matureactive

03445509 · ltd · incorporated 1997-10-07

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£431.5k

book net assets

Opportunity

70/100

Strong

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What this business does

Primary activity: Construction of commercial buildings

Sector: Construction

Investor take

Pass (distressed without resilience)

Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 52/100. Strong seller-intent signal (73/100, director aged 74). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

7 live charges · 6 lenders · oldest 27.7y

15/100

under pressure

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

· Oldest live charge is 27.7 years old — likely at or near maturity.
· 6 lenders named — inter-creditor friction likely.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

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

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

20 officers (6 active, 20 linked, 13 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

4 connected companies via shared directors

Filing history

140 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review 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 £431,456

Cash draining

Cash down 88% YoY

Cash YoY

-88%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£59k

↓ 88% YoY

Net Worth

£431k

↑ 5.3% YoY

Current Assets

£1.1m

↓ 17% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£586.8k	£569.4k
Current assets	£1.11M	£1.33M
Cash	£59.3k	£501.5k
Debtors	£957.5k	£754.6k
Net assets	£431.5k	£409.6k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (69 events)Click to expand

2025-09-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-17
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-07-17
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-01
➕
LIVINGSTONE, Kerry appointed
secretary
2025-07-01
➖
LAWRENCE, Mark Edward resigned
secretary
2025-07-01
➖
GILMOUR, Marion resigned
director
2024-05-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-11-11
➖
JOHNSON, Neil resigned
director
2022-05-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-08
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-09-15
📄
resolution
resolution · RESOLUTIONS
2021-09-15
📄
resolution
resolution · RESOLUTIONS
2021-09-15
📄
capital-alter-shares-subdivision
capital · SH02
2021-09-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-06-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-05-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-05-25
📄
change-person-director-company-with-change-date
officers · CH01
2021-05-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-05-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-05-20
➕
HOLSTEAD, Mark Ashley appointed
director
2021-05-20
➕
LAWRENCE, Matthew William John appointed
director
2021-05-20
➕
MUSPRATT, Phillip John appointed
director
2021-05-20
➕
JOHNSON, Neil appointed
director
2021-03-01
➕
LAWRENCE, Patricia Christine appointed
director
2021-02-22
📄
capital-return-purchase-own-shares
capital · SH03
2020-11-20
🔓
Charge satisfied #7
2019-04-30
➖
GILMOUR, James Eric John resigned
director
2017-03-08
🔒
Charge registered #7
Lender: Select Invoice Finance Limited
2016-12-22
🔓
Charge satisfied #6
2016-04-18
🔒
Charge registered #6
Lender: Catalyst Business Finance LTD
2016-03-30
🔓
Charge satisfied #1
2016-02-25
🔓
Charge satisfied #2
2016-01-05
🔓
Charge satisfied #5
2016-01-05
🔓
Charge satisfied #4
2016-01-05
🔓
Charge satisfied #3
2015-03-13
🔒
Charge registered #5
Lender: Portland Cashflow Solutions Limited (Company No 8289670)
2015-03-13
🔒
Charge registered #4
Lender: Portland Cashflow Solutions Limited (Company No 08289670)
2015-03-13
🔒
Charge registered #3
Lender: Portland Cashflow Solutions Limited (Company No 08289670)
2013-11-11
➖
BROCKSOM, Roger Paul resigned
director
2013-08-30
🔒
Charge registered #2
Lender: Lloyds Tsb Bank PLC
2012-01-01
➕
BROCKSOM, Roger Paul appointed
director
2012-01-01
➕
GILMOUR, Marion appointed
director
2010-05-03
➖
HILLARD, Wayne Brian resigned
director
2009-01-31
➖
FRAZER HOLLINS, Guy Andrew resigned
director
2006-04-10
➖
COLLINS, Stella Mary resigned
secretary
2006-04-10
➕
LAWRENCE, Mark Edward appointed
secretary

Showing most recent 50 of 69 events

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

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 74 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100

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 74 years old. Natural succession window is now.
primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

3 med ·

Has insolvency history

medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: LAWRENCE, Mark Edward resigned 2025-07-01; GILMOUR, Marion resigned 2025-07-01

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.

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Mark Edward Lawrence Individual · British · DOB 07/1955 · age 71	50–75%	50–75%	board control50-75% shares · 50-75% voting · board control	29/06/2017
Mrs Patricia Christine Lawrence Individual · British · DOB 05/1952 · age 74	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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 →

Similar companies

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1ST CHOICE PROPERTY SOLUTIONS BA LTD→ 15142346 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
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5P CONTRACTS LTD→ 14661018 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
A D FINISHES LIMITED→ 07202814 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
A I MERCER & SON LIMITED→ 11815278 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
A-GAME ROOFING SPECIALIST LTD→ 17089304 · est 2026 · no financials extracted	—	—	—	—	—	—	—
A.D.H CONTRACTORS LTD→ 15558771 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
A1 ROOFING LTD→ 05141109 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
ABLE PROPERTY MAINTENANCE SERVICES LIMITED→ 14784930 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ACDC ELECTRICAL SERVICES LIMITED→ 14430251 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ACE PROPERTY MAINTENANCE & CONSTRUCTION LIMITED→ 04444870 · est 2002 · no financials extracted	—	—	—	—	23y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated1997-10-07

Jurisdictionengland-wales

Primary SIC41201 — Construction of commercial buildings

Registered office

Windover House

St. Ann Street

Salisbury

SP1 2DR

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-07-13

Last: 2025-06-29