ADVANCED CONTRACTS (MIDLANDS) LIMITED

🌳Matureactive
04164682 · ltd · incorporated 2001-02-21
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 24.0y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£311.6k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Manufacture of other builders' carpentry and joinery
Sector: Manufacturing
ALSO REGISTERED FOR
  • 43320Joinery installation
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 58). 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 24.0y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 24.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
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 £311,643

Key financials

1 year extracted from filed iXBRL accounts
Cash
£107k
Net Worth
£312k
Current Assets
£561k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-30
Total assets£360.2k
Current assets£560.8k
Cash£107.2k
Debtors£437.6k
Net assets£311.6k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
4
filings
  • 1 accounts
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-05-06
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  2. 2026-01-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-01-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-07-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-07-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-07-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-07-30
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2025-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-07-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2023-07-26
    PLANT, Spencer John appointed
    director
  12. 2022-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-01-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-11-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-06-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2014-07-25
    GOLBY, Kevin resigned
    director
  19. 2002-05-28
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  20. 2001-02-21
    🏢
    Company incorporated
    As ADVANCED CONTRACTS (MIDLANDS) LIMITED
  21. 2001-02-21
    HAYNES, Steven Edward appointed
    secretary
  22. 2001-02-21
    HAYNES, Steven Edward appointed
    director
  23. 2001-02-21
    SAME-DAY COMPANY SERVICES LIMITED appointed
    corporate-nominee-secretary
  24. 2001-02-21
    SAME-DAY COMPANY SERVICES LIMITED resigned
    corporate-nominee-secretary
  25. 2001-02-21
    GOLBY, Kevin appointed
    director
  26. 2001-02-21
    WILDMAN & BATTELL LIMITED appointed
    corporate-nominee-director
  27. 2001-02-21
    WILDMAN & BATTELL LIMITED resigned
    corporate-nominee-director

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 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 25 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Steven Edward Haynes
Individual · British · DOB 03/1968 · age 58
75100%
75-100% shares06/04/2016

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 →

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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
Incorporated2001-02-21
Jurisdictionengland-wales
Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

Unit 2 Gilbert Enterprise Park
Ashmore Lake Road
Willenhall
West Midlands
WV12 4LA

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21

Officers (3 active · 3 resigned)

HAYNES, Steven Edward
secretary · appointed 2001-02-21
View their other companies + combined net worth →
Active
HAYNES, Steven Edward
director · ~58y · appointed 2001-02-21
View their other companies + combined net worth →
Active
PLANT, Spencer John
director · ~41y · appointed 2023-07-26
View their other companies + combined net worth →
Active
SAME-DAY COMPANY SERVICES LIMITED
corporate-nominee-secretary · appointed 2001-02-21 · resigned 2001-02-21
Resigned
GOLBY, Kevin
director · ~56y · appointed 2001-02-21 · resigned 2014-07-25
Resigned
WILDMAN & BATTELL LIMITED
corporate-nominee-director · appointed 2001-02-21 · resigned 2001-02-21
Resigned

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
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Debenture1 property28/05/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (76 total)

change-account-reference-date-company-previous-extended
accounts · AA01
2026-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
change-person-director-company-with-change-date
officers · CH01
2026-01-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-30
change-person-director-company-with-change-date
officers · CH01
2025-07-30
change-person-director-company-with-change-date
officers · CH01
2025-07-30
change-person-secretary-company-with-change-date
officers · CH03
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
appoint-person-director-company-with-name-date
officers · AP01
2023-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-22