AJB (SOUTH WEST) LIMITED

🌳Matureactive
04467669 · ltd · incorporated 2002-06-24
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 Sept 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
Investor take
Pursue
Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (93/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 19.6y

35/100
too messy

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

  • · Oldest live charge is 19.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Average employees300400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-03-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-07
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  4. 2024-10-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2024-10-01
    ➕
    BUTTLE, Sarah appointed
    secretary
  6. 2024-10-01
    ➖
    BUTTLE, Jacqueline resigned
    secretary
  7. 2024-03-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-05-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-10-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-04-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2020-04-06
    🔒
    Charge registered #4
    Lender: Clarence Henry Cross
  17. 2019-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-04-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2019-04-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2019-04-22
    ➖
    BUTTLE, Alan John resigned
    director
  21. 2018-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2016-06-15
    ➕
    BUTTLE, Jason Alan appointed
    director
  23. 2015-07-08
    🔓
    Charge satisfied #3
  24. 2010-04-16
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Bank PLC
  25. 2010-03-31
    🔓
    Charge satisfied #2
  26. 2007-09-22
    🔓
    Charge satisfied #1
  27. 2006-11-29
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  28. 2006-11-29
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  29. 2002-06-24
    🏢
    Company incorporated
    As AJB (SOUTH WEST) LIMITED
  30. 2002-06-24
    ➕
    BUTTLE, Jacqueline appointed
    director
  31. 2002-06-24
    ➕
    BUTTLE, Jacqueline appointed
    secretary
  32. 2002-06-24
    ➕
    SECRETARIAL APPOINTMENTS LIMITED appointed
    corporate-nominee-secretary
  33. 2002-06-24
    ➖
    SECRETARIAL APPOINTMENTS LIMITED resigned
    corporate-nominee-secretary
  34. 2002-06-24
    ➕
    BUTTLE, Alan John appointed
    director
  35. 2002-06-24
    ➕
    CORPORATE APPOINTMENTS LIMITED appointed
    corporate-nominee-director
  36. 2002-06-24
    ➖
    CORPORATE APPOINTMENTS LIMITED resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
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 78 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 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
NameSharesVoting rightsNature of controlNotified
Jacqueline Buttle
Individual · British · DOB 01/1948 · age 78
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Alan John Buttleceased 22/04/2019· 25-50% shares · 25-50% voting

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

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10901177 · est 2017 · no financials extracted
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10112638 · est 2016 · no financials extracted
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09936938 · est 2016 · no financials extracted
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11412153 · est 2018 · no financials extracted
————7y——
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16605624 · est 2025 · no financials extracted
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————5y——
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
Incorporated2002-06-24
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Suite C Huntworth Way
North Petherton
Bridgwater
TA6 6FA
England

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-10
Last: 2025-08-27

Officers (3 active · 4 resigned)

BUTTLE, Sarah→
secretary · appointed 2024-10-01
View their other companies + combined net worth →
Active
BUTTLE, Jacqueline→
director · ~78y · appointed 2002-06-24
View their other companies + combined net worth →
Active
BUTTLE, Jason Alan→
director · ~52y · appointed 2016-06-15
View their other companies + combined net worth →
Active
BUTTLE, Jacqueline→
secretary · appointed 2002-06-24 · resigned 2024-10-01
Resigned
SECRETARIAL APPOINTMENTS LIMITED→
corporate-nominee-secretary · appointed 2002-06-24 · resigned 2002-06-24
Resigned
BUTTLE, Alan John→
director · ~81y · appointed 2002-06-24 · resigned 2019-04-22
Resigned
CORPORATE APPOINTMENTS LIMITED→
corporate-nominee-director · appointed 2002-06-24 · resigned 2002-06-24
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Clarence Henry Cross / Marilyn Patricia Pullen
A registered charge1 property06/04/2020—
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property16/04/201008/07/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Third party legal charge1 property29/11/200631/03/2010
satisfied
National Westminster Bank
National Westminster Bank PLC
Third party legal charge1 property29/11/200622/09/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (73 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-07
appoint-person-secretary-company-with-name-date
officers · AP03
2024-10-07
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-01
change-person-director-company-with-change-date
officers · CH01
2021-10-01