AJMG LTD.

💤Zombieactive
04602204 · ltd · incorporated 2002-11-27
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 Nov 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 2 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
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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£0Nov 2024Nov 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-11-302024-11-30
Average employees100100

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-02-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-04-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-03-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-03-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-03-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  10. 2021-03-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2020-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-02-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-05-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2006-06-01
    BISHOP, Christopher David resigned
    director
  17. 2003-01-24
    BISHOP, Christopher David appointed
    director
  18. 2002-11-27
    🏢
    Company incorporated
    As AJMG LTD.
  19. 2002-11-27
    GRIEVSON, Hannah appointed
    secretary
  20. 2002-11-27
    GRIEVSON, Alasdair Jason Mark appointed
    director
  21. 2002-11-27
    CHETTLEBURGHS SECRETARIAL LTD appointed
    corporate-nominee-secretary
  22. 2002-11-27
    CHETTLEBURGHS SECRETARIAL LTD resigned
    corporate-nominee-secretary

Owner dependency

85/100
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 24 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

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 Alasdair Grievson
Individual · British · DOB 05/1973 · age 53
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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10633200 · est 2017 · no financials extracted
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05355697 · est 2005 · no financials extracted
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AJ WINDOWS AND GLASS LTD
14853001 · est 2023 · no financials extracted
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06835632 · est 2009 · no financials extracted
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16691594 · est 2025 · no financials extracted
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12767999 · est 2020 · no financials extracted
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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
Incorporated2002-11-27
Jurisdictionengland-wales
Primary SIC43390 — Other building completion and finishing

Registered office

44 Drake Avenue
Teignmouth
Devon
TQ14 9NA
United Kingdom

Filing status

Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-12-11
Last: 2025-11-27

Officers (2 active · 2 resigned)

GRIEVSON, Hannah
secretary · appointed 2002-11-27
View their other companies + combined net worth →
Active
GRIEVSON, Alasdair Jason Mark
director · ~53y · appointed 2002-11-27
View their other companies + combined net worth →
Active
CHETTLEBURGHS SECRETARIAL LTD
corporate-nominee-secretary · appointed 2002-11-27 · resigned 2002-11-27
Resigned
BISHOP, Christopher David
director · ~67y · appointed 2003-01-24 · resigned 2006-06-01
Resigned

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

Recent filings (57 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-15
change-person-director-company-with-change-date
officers · CH01
2021-03-04
change-person-secretary-company-with-change-date
officers · CH03
2021-03-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-03-04