ACORN PARTITIONS & STORAGE SYSTEMS LIMITED
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| 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.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 mortgage
- • 1 officers
Corporate timeline (53 events)Click to expand
- 2026-02-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-02🔓Charge satisfied #4
- 2026-01-21📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-16📄accounts-with-accounts-type-mediumaccounts · AA
- 2025-04-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-27📄resolutionresolution · RESOLUTIONS
- 2025-03-27📄memorandum-articlesincorporation · MA
- 2025-03-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-20➖CROOKES, Sarah Elizabeth resignedsecretary
- 2025-03-20➖CROOKES, Darren Paul resigneddirector
- 2025-03-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-03-20🔒Charge registered #6Lender: Hsbc UK Bank PLC
- 2025-03-20🔒Charge registered #5Lender: Hsbc UK Bank PLC
- 2024-08-27📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-04-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-10-13📄accounts-with-accounts-type-fullaccounts · AA
- 2023-06-26📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-27📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2023-04-27📍change-sail-address-company-with-new-addressaddress · AD02
- 2023-04-26📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-04-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-15🔓Charge satisfied #2
- 2023-03-14🔒Charge registered #4Lender: Handelsbanken PLC
- 2022-11-23🔓Charge satisfied #3
- 2022-11-01➕MYCROFT, Richard Adam appointeddirector
- 2022-11-01➕WALL, Stuart James appointeddirector
- 2020-09-28➖THOMAS, Adrian Miles resigneddirector
- 2017-11-01➕STOCKDALE, Hannah Ruth appointeddirector
- 2017-11-01➕THOMAS, Adrian Miles appointeddirector
- 2017-06-02➕MARSLAND, Stuart appointeddirector
- 2017-06-02➕CROOKES, Sarah Elizabeth appointedsecretary
- 2017-06-02➖CROOKES, Sarah Elizabeth resigneddirector
- 2017-06-02🔒Charge registered #3Lender: Darren Crookes and Sarah Crookes
- 2017-06-02🔒Charge registered #2Lender: Aib Group (UK) P.L.C.
- 2016-03-17➕BARRASS, Laurence Charles appointeddirector
- 2012-12-21➖PARKER, Veronica Marilyn resignedsecretary
- 2005-07-13🔓Charge satisfied #1
- 2004-09-01➕CROOKES, Sarah Elizabeth appointeddirector
- 2002-11-08🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2002-10-01➖CROOKES, Helen Marie resignedsecretary
- 2002-10-01➕PARKER, Veronica Marilyn appointedsecretary
- 2000-04-04🏢Company incorporatedAs ACORN PARTITIONS & STORAGE SYSTEMS LIMITED
- 2000-04-04➕CROOKES, Helen Marie appointedsecretary
- 2000-04-04➕LONDON LAW SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 2000-04-04➖LONDON LAW SECRETARIAL LIMITED resignedcorporate-nominee-secretary
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -5 active directors: Broader management team in place — suggests transferable governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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 ·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.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
2097 Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/06/2017 |
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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Construction · LN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A GALE TILING LTD→ 06710770 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| A H D S (LINCS) LTD→ 13389912 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A J C E LTD.→ 04752464 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A J ENGINEERING UK LTD→ 05083839 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| A J S (ROOFING & CLADDING) LIMITED→ 06915417 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| A.C.E. INSTALLATIONS & MAINTENANCE LIMITED→ 13049215 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AAA SCAFFOLDING ( LINCOLN ) LIMITED→ 06723056 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ABF SURFACING SERVICES LTD→ 16797023 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABSOLUTE ELECTRICAL LIMITED→ 15147414 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACE PROJECT INCORPORATED LTD→ 14962482 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACORN BUSINESS CENTRES (MANSFIELD) LIMITED→ 02415842 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| ADAM BARRETT CARPENTRY & JOINERY SERVICES LIMITED→ 08727562 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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 →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
Registered office
Filing status
Officers (5 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 20/03/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 2 properties | 20/03/2025 | — | |
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 14/03/2023 | 02/02/2026 | |
| satisfied | Darren Crookes and Sarah Crookes | A registered charge | — | 02/06/2017 | 23/11/2022 | |
| satisfied | Aib Group (UK) P.L.C. | A registered charge | — | 02/06/2017 | 15/03/2023 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 08/11/2002 | 13/07/2005 |