A.E. SECURITIES LIMITED

🌳Matureactive
04079002 · ltd · incorporated 2000-09-27
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
£10.67M
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 77/100. Strong seller-intent signal (68/100, director aged 51). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100).

🏦

Refinance opportunity

23 live charges · 7 lenders · oldest 25.6y

15/100
under pressure

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

  • · Oldest live charge is 25.6 years old — likely at or near maturity.
  • · 7 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
75
Lenders & charges
23 charges (23/23 with lender, 23/23 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
131 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
77
Few red 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 £10,672,117
Cash draining
Cash down 88% YoY
Cash YoY
-88%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£45k
↓ 88% YoY
Net Worth
£11m
↑ 10% YoY
Current Assets
Current Liabilities
£0£2.1m£4.3m£6.4m£8.5m£11mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Cash£45.4k£370.0k
Net assets£10.67M£9.68M

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (78 events)Click to expand
  1. 2025-10-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2025-10-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-10-15
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-10-15
    📄
    memorandum-articles
    incorporation · MA
  5. 2025-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-01-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2023-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2023-07-13
    🔓
    Charge satisfied #22
  23. 2023-07-13
    🔓
    Charge satisfied #20
  24. 2023-07-13
    🔓
    Charge satisfied #19
  25. 2023-07-13
    🔓
    Charge satisfied #18
  26. 2023-07-13
    🔓
    Charge satisfied #16
  27. 2023-07-13
    🔓
    Charge satisfied #15
  28. 2023-07-13
    🔓
    Charge satisfied #14
  29. 2023-07-13
    🔓
    Charge satisfied #13
  30. 2023-07-13
    🔓
    Charge satisfied #12
  31. 2023-07-13
    🔓
    Charge satisfied #10
  32. 2023-07-13
    🔓
    Charge satisfied #9
  33. 2023-07-13
    🔓
    Charge satisfied #7
  34. 2023-07-13
    🔓
    Charge satisfied #6
  35. 2023-07-13
    🔓
    Charge satisfied #1
  36. 2023-07-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  37. 2020-01-17
    🔓
    Charge satisfied #3
  38. 2018-07-25
    🔓
    Charge satisfied #23
  39. 2018-02-13
    🔓
    Charge satisfied #21
  40. 2017-10-03
    🔒
    Charge registered #23
    Lender: Principality Building Society
  41. 2017-04-19
    🔒
    Charge registered #22
    Lender: Svenska Handelsbanken Ab (Publ)
  42. 2017-04-19
    🔒
    Charge registered #21
    Lender: Svenska Handelsbanken Ab (Publ)
  43. 2017-02-01
    🔒
    Charge registered #20
    Lender: Lloyds Bank PLC
  44. 2016-06-28
    🔓
    Charge satisfied #17
  45. 2016-03-30
    🔒
    Charge registered #19
    Lender: Lloyds Bank PLC
  46. 2012-03-01
    🔒
    Charge registered #18
    Lender: Lloyds Tsb Bank PLC
  47. 2010-12-16
    🔒
    Charge registered #17
    Lender: Barclays Bank PLC
  48. 2010-12-16
    🔒
    Charge registered #16
    Lender: Barclays Bank PLC
  49. 2010-04-09
    🔓
    Charge satisfied #8
  50. 2010-04-09
    🔓
    Charge satisfied #2
Showing most recent 50 of 78 events

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • 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

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

🏛️
Scotsgrove Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
A.E. SECURITIES LIMITED
This company · 04079002

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Scotsgrove Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/09/2025
Eliot Brian Arthur Haimes
Individual · British · DOB 02/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Alistair Edward Charles Haimesceased 29/09/2025· 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

6 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
Incorporated2000-09-27
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Office 5 Riverside Place
Taunton
Somerset
TA1 1JH
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27

Officers (3 active · 3 resigned)

HAIMES, Eliot Brian Arthur
secretary · appointed 2000-09-27
View their other companies + combined net worth →
Active
HAIMES, Alistair Edward Charles
director · ~51y · appointed 2000-09-27
View their other companies + combined net worth →
Active
HAIMES, Eliot Brian Arthur
director · ~49y · appointed 2000-09-27
View their other companies + combined net worth →
Active
SECRETARIAL APPOINTMENTS LIMITED
corporate-nominee-secretary · appointed 2000-09-27 · resigned 2000-09-27
Resigned
HAIMES, Brian Edward
director · ~88y · appointed 2004-11-03 · resigned 2006-09-29
Resigned
CORPORATE APPOINTMENTS LIMITED
corporate-nominee-director · appointed 2000-09-27 · resigned 2000-09-27
Resigned

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

Mortgages & charges

23
Total charges
0
Outstanding
0
Active lenders
Status:Lender:23 of 23 shown
TypeProperties
satisfied
Principality Building Society
A registered charge1 property03/10/201725/07/2018
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property19/04/201713/07/2023
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge2 properties19/04/201713/02/2018
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge2 properties01/02/201713/07/2023
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property30/03/201613/07/2023
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property01/03/201213/07/2023
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property16/12/201028/06/2016
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property16/12/201013/07/2023
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property06/04/201013/07/2023
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property20/06/200813/07/2023
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property29/05/200813/07/2023
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property19/06/200713/07/2023
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property11/05/200423/01/2010
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property16/04/200313/07/2023
satisfied
Nationwide
Nationwide Building Society
Legal charge1 property24/03/200313/07/2023
satisfied
Nationwide
Nationwide Building Society
Debenture1 property06/06/200209/04/2010
satisfied
Nationwide
Nationwide Building Society
Legal charge2 properties06/06/200213/07/2023
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property16/11/200113/07/2023
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property25/10/200121/08/2008
satisfied
Nationwide
Nationwide Building Society
Legal charge1 property26/09/200110/12/2009
satisfied
Nationwide
Nationwide Building Society
Legal charge1 property26/09/200117/01/2020
satisfied
Nationwide
Nationwide Building Society
Debenture1 property26/09/200109/04/2010
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage2 properties15/11/200013/07/2023

Recent filings (131 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-10-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-17
resolution
resolution · RESOLUTIONS
2025-10-15
memorandum-articles
incorporation · MA
2025-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-10
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-13
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-13
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-13
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-13
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-13