AIRCONDITIONING SERVICES DIRECT LIMITED

💤Zombieactive

04171668 · ltd · incorporated 2001-03-02

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: SIC 28250

Sector: Manufacturing

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (75/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

64 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

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

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	—	£5.9k
Current assets	—	£64.3k
Cash	—	£48.9k
Debtors	—	£15.4k
Net assets	—	£5.9k
Average employees	2	—

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

• 1 gazette
• 1 dissolution

Last 180 days

filings

• 1 gazette
• 1 dissolution

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2026-04-21
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-10
📄
dissolution-application-strike-off-company
dissolution · DS01
2025-09-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-27
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-20
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-06-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-15
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2017-07-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-07-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-02-08
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2001-03-02
🏢
Company incorporated
As AIRCONDITIONING SERVICES DIRECT LIMITED
2001-03-02
➕
HORGAN, Jackie Yvonne appointed
secretary
2001-03-02
➕
HORGAN, James Fintain appointed
director
2001-03-02
➕
QA REGISTRARS LIMITED appointed
corporate-nominee-secretary
2001-03-02
➖
QA REGISTRARS LIMITED resigned
corporate-nominee-secretary
2001-03-02
➕
QA NOMINEES LIMITED appointed
corporate-nominee-director
2001-03-02
➖
QA NOMINEES LIMITED resigned
corporate-nominee-director

Owner dependency

100/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

100/100

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 71 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-19

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr James Fintain Horgan Individual · Irish · DOB 02/1955 · age 71	50–75%	50–75%	board control50-75% shares · 50-75% voting · board control	01/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Active · Manufacturing · KT postcode area

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ADVANTAGE CONCRETE COMPANY LTD→ 05955656 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
AETHER LIGHTING LIMITED→ 06581027 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
AIDIPAT LIMITED→ 14374905 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
AIR POWER SOLUTIONS LTD→ 15325041 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
AIR PRODUCTS EQUIPMENT LIMITED→ 12992685 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AIRCOOLTECH LTD→ 07556476 · est 2011 · no financials extracted	—	—	—	—	15y	—	—
AJK PARTNERS LTD→ 16414978 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ALA 70 LTD→ 14120113 · est 2022 · no financials extracted	—	—	—	—	3y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

9 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

Incorporated2001-03-02

Jurisdictionengland-wales

Primary SIC28250 — SIC 28250

Registered office

The Old Rectory

Church Street

Weybridge

Surrey

KT13 8DE

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-02-19OVERDUE

Last: 2025-02-05

Officers (2 active · 2 resigned)

HORGAN, Jackie Yvonne→

secretary · appointed 2001-03-02

View their other companies + combined net worth →

Active

HORGAN, James Fintain→

director · ~71y · appointed 2001-03-02

View their other companies + combined net worth →

Active

QA REGISTRARS LIMITED→

corporate-nominee-secretary · appointed 2001-03-02 · resigned 2001-03-02

Resigned

QA NOMINEES LIMITED→

corporate-nominee-director · appointed 2001-03-02 · resigned 2001-03-02

Resigned

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

Recent filings (64 total)

gazette-notice-voluntary

gazette · GAZ1(A)

2026-04-21

dissolution-application-strike-off-company

dissolution · DS01

2026-04-10

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-09-26

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-08-27