ACORN PARTITIONS & STORAGE SYSTEMS LIMITED

🌳Matureactive
03963919 · ltd · incorporated 2000-04-04
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£7.85M
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

6 live charges · 5 lenders · oldest 23.5y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 23.5 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
13 officers (5 active, 13 linked, 8 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
139 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £7,854,497
Net assets shrinking
Down £1,147,311 YoY
Cash YoY
+58%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4.7m
↑ 58% YoY
Net Worth
£7.9m
↓ 13% YoY
Current Assets
£12m
↓ 4.2% YoY
Current Liabilities
£0£2.4m£4.9m£7.3m£9.8m£12mJan 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
Total assets£7.92M£9.07M
Current assets£11.70M£12.20M
Cash£4.73M£3.00M
Debtors£6.89M£9.04M
Net assets£7.85M£9.00M

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 mortgage
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (53 events)Click to expand
  1. 2026-02-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-02-02
    🔓
    Charge satisfied #4
  3. 2026-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-10-16
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  5. 2025-04-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-03-27
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2025-03-27
    📄
    memorandum-articles
    incorporation · MA
  8. 2025-03-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-03-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-03-20
    CROOKES, Sarah Elizabeth resigned
    secretary
  11. 2025-03-20
    CROOKES, Darren Paul resigned
    director
  12. 2025-03-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-03-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2025-03-20
    🔒
    Charge registered #6
    Lender: Hsbc UK Bank PLC
  15. 2025-03-20
    🔒
    Charge registered #5
    Lender: Hsbc UK Bank PLC
  16. 2024-08-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2024-04-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  18. 2024-04-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  19. 2023-10-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2023-06-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2023-04-27
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  22. 2023-04-27
    📍
    change-sail-address-company-with-new-address
    address · AD02
  23. 2023-04-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2023-04-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  25. 2023-04-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2023-04-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  27. 2023-03-15
    🔓
    Charge satisfied #2
  28. 2023-03-14
    🔒
    Charge registered #4
    Lender: Handelsbanken PLC
  29. 2022-11-23
    🔓
    Charge satisfied #3
  30. 2022-11-01
    MYCROFT, Richard Adam appointed
    director
  31. 2022-11-01
    WALL, Stuart James appointed
    director
  32. 2020-09-28
    THOMAS, Adrian Miles resigned
    director
  33. 2017-11-01
    STOCKDALE, Hannah Ruth appointed
    director
  34. 2017-11-01
    THOMAS, Adrian Miles appointed
    director
  35. 2017-06-02
    MARSLAND, Stuart appointed
    director
  36. 2017-06-02
    CROOKES, Sarah Elizabeth appointed
    secretary
  37. 2017-06-02
    CROOKES, Sarah Elizabeth resigned
    director
  38. 2017-06-02
    🔒
    Charge registered #3
    Lender: Darren Crookes and Sarah Crookes
  39. 2017-06-02
    🔒
    Charge registered #2
    Lender: Aib Group (UK) P.L.C.
  40. 2016-03-17
    BARRASS, Laurence Charles appointed
    director
  41. 2012-12-21
    PARKER, Veronica Marilyn resigned
    secretary
  42. 2005-07-13
    🔓
    Charge satisfied #1
  43. 2004-09-01
    CROOKES, Sarah Elizabeth appointed
    director
  44. 2002-11-08
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  45. 2002-10-01
    CROOKES, Helen Marie resigned
    secretary
  46. 2002-10-01
    PARKER, Veronica Marilyn appointed
    secretary
  47. 2000-04-04
    🏢
    Company incorporated
    As ACORN PARTITIONS & STORAGE SYSTEMS LIMITED
  48. 2000-04-04
    CROOKES, Helen Marie appointed
    secretary
  49. 2000-04-04
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  50. 2000-04-04
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
Showing most recent 50 of 53 events

Owner dependency

40/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 26 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

1 med ·
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.

Group structure

2097 Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
2097 Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ACORN PARTITIONS & STORAGE SYSTEMS LIMITED
This company · 03963919

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
2097 Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/06/2017
2 historic (ceased) PSCs
  • Mr Darren Paul Crookesceased 02/06/2017· 25-50% shares · 25-50% voting
  • Mrs Sarah Elizabeth Crookesceased 02/06/2017· 25-50% shares · 25-50% voting

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
Incorporated2000-04-04
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

Kingsley Road
Lincoln
Lincolnshire
LN6 3TA
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-04-18
Last: 2026-04-04

Officers (5 active · 8 resigned)

BARRASS, Laurence Charles
director · ~55y · appointed 2016-03-17
View their other companies + combined net worth →
Active
MARSLAND, Stuart
director · ~50y · appointed 2017-06-02
View their other companies + combined net worth →
Active
MYCROFT, Richard Adam
director · ~43y · appointed 2022-11-01
View their other companies + combined net worth →
Active
STOCKDALE, Hannah Ruth
director · ~48y · appointed 2017-11-01
View their other companies + combined net worth →
Active
WALL, Stuart James
director · ~47y · appointed 2022-11-01
View their other companies + combined net worth →
Active
CROOKES, Helen Marie
secretary · appointed 2000-04-04 · resigned 2002-10-01
Resigned
CROOKES, Sarah Elizabeth
secretary · appointed 2017-06-02 · resigned 2025-03-20
Resigned
PARKER, Veronica Marilyn
secretary · appointed 2002-10-01 · resigned 2012-12-21
Resigned
LONDON LAW SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 2000-04-04 · resigned 2000-04-04
Resigned
CROOKES, Darren Paul
director · ~57y · appointed 2000-04-04 · resigned 2025-03-20
Resigned
CROOKES, Sarah Elizabeth
director · ~47y · appointed 2004-09-01 · resigned 2017-06-02
Resigned
THOMAS, Adrian Miles
director · ~55y · appointed 2017-11-01 · resigned 2020-09-28
Resigned
LONDON LAW SERVICES LIMITED
corporate-nominee-director · appointed 2000-04-04 · resigned 2000-04-04
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property20/03/2025
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge2 properties20/03/2025
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property14/03/202302/02/2026
satisfied
Darren Crookes and Sarah Crookes
A registered charge02/06/201723/11/2022
satisfied
Aib Group (UK) P.L.C.
A registered charge02/06/201715/03/2023
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property08/11/200213/07/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (139 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-02
change-person-director-company-with-change-date
officers · CH01
2026-01-21
accounts-with-accounts-type-medium
accounts · AA
2025-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-17
change-person-director-company-with-change-date
officers · CH01
2025-04-17
resolution
resolution · RESOLUTIONS
2025-03-27
memorandum-articles
incorporation · MA
2025-03-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-24
termination-director-company-with-name-termination-date
officers · TM01
2025-03-20
termination-secretary-company-with-name-termination-date
officers · TM02
2025-03-20
accounts-with-accounts-type-full
accounts · AA
2024-08-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-26