ACRE RESOURCES LIMITED

🌳Matureactive
04889608 · ltd · incorporated 2003-09-05
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.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 47/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 12.9y

35/100
too messy

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

  • · Oldest live charge is 12.9 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 (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 7 with DOB)
84
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 officers
Last 180 days
2
filings
  • 1 officers
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-05-08
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  2. 2026-01-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-01-26
    🔒
    Charge registered #3
    Lender: Sonovate Limited
  4. 2025-12-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-12-23
    🔓
    Charge satisfied #1
  6. 2025-11-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-05-09
    WOODS, James Austen Murray resigned
    director
  8. 2025-05-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-05-09
    📄
    accounts-with-accounts-type-group
    accounts · AA
  10. 2024-07-11
    📄
    accounts-with-accounts-type-group
    accounts · AA
  11. 2023-12-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-11-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2023-07-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2022-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-05-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-03-11
    📄
    capital-return-purchase-own-shares
    capital · SH03
  17. 2022-03-02
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2022-03-02
    📄
    memorandum-articles
    incorporation · MA
  19. 2022-02-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2022-02-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  21. 2022-02-28
    📄
    capital-cancellation-shares
    capital · SH06
  22. 2022-02-01
    LEATHES, Tom Robert Benjamin resigned
    director
  23. 2021-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2021-01-28
    📄
    memorandum-articles
    incorporation · MA
  25. 2020-09-07
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  26. 2013-07-29
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Commercial Finance LTD
  27. 2012-08-22
    WRIGHT, Richard John appointed
    director
  28. 2011-09-20
    CARTLAND, Benjamin Matthew resigned
    secretary
  29. 2010-07-21
    NASH, Ian Victor, Me appointed
    director
  30. 2010-07-21
    CARTLAND, John Anthony resigned
    director
  31. 2010-07-21
    LEATHES, Michael Stanley resigned
    director
  32. 2007-10-15
    CARTLAND, John Anthony appointed
    director
  33. 2007-10-15
    LEATHES, Michael Stanley appointed
    director
  34. 2007-10-15
    WOODS, James Austen Murray appointed
    director
  35. 2004-06-14
    LEATHES, Tom Robert Benjamin appointed
    director
  36. 2003-09-05
    🏢
    Company incorporated
    As ACRE RESOURCES LIMITED
  37. 2003-09-05
    CARTLAND, Andrew John appointed
    director
  38. 2003-09-05
    CARTLAND, Benjamin Matthew appointed
    secretary
  39. 2003-09-05
    DUPORT SECRETARY LIMITED appointed
    corporate-nominee-secretary
  40. 2003-09-05
    DUPORT SECRETARY LIMITED resigned
    corporate-nominee-secretary
  41. 2003-09-05
    DUPORT DIRECTOR LIMITED appointed
    corporate-nominee-director
  42. 2003-09-05
    DUPORT DIRECTOR LIMITED resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

85/100
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.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-06-30

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Richard John Wright
Individual · British · DOB 03/1965 · age 61
2550%
25–50%25-50% shares · 25-50% voting01/02/2022
Mr Andrew John Cartland
Individual · British · DOB 04/1978 · age 48
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Tom Robert Benjamin Leathesceased 01/02/2022· 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 →
🔒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
Incorporated2003-09-05
Jurisdictionengland-wales
Primary SIC78109 — Other activities of employment placement agencies

Registered office

S09 80 Strand
London
WC2R 0RL
England

Filing status

Accounts
Next due: 2026-06-30OVERDUE
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05

Officers (3 active · 7 resigned)

CARTLAND, Andrew John
director · ~48y · appointed 2003-09-05
View their other companies + combined net worth →
Active
NASH, Ian Victor, Me
director · ~71y · appointed 2010-07-21
View their other companies + combined net worth →
Active
WRIGHT, Richard John
director · ~61y · appointed 2012-08-22
View their other companies + combined net worth →
Active
CARTLAND, Benjamin Matthew
secretary · appointed 2003-09-05 · resigned 2011-09-20
Resigned
DUPORT SECRETARY LIMITED
corporate-nominee-secretary · appointed 2003-09-05 · resigned 2003-09-05
Resigned
CARTLAND, John Anthony
director · ~82y · appointed 2007-10-15 · resigned 2010-07-21
Resigned
LEATHES, Michael Stanley
director · ~78y · appointed 2007-10-15 · resigned 2010-07-21
Resigned
LEATHES, Tom Robert Benjamin
director · ~48y · appointed 2004-06-14 · resigned 2022-02-01
Resigned
WOODS, James Austen Murray
director · ~54y · appointed 2007-10-15 · resigned 2025-05-09
Resigned
DUPORT DIRECTOR LIMITED
corporate-nominee-director · appointed 2003-09-05 · resigned 2003-09-05
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Sonovate
Sonovate Limited
A registered charge26/01/2026
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge07/09/2020
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance LTD
A registered charge1 property29/07/201323/12/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (111 total)

replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-05-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-26
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
termination-director-company-with-name-termination-date
officers · TM01
2025-05-09
accounts-with-accounts-type-group
accounts · AA
2025-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-18
accounts-with-accounts-type-group
accounts · AA
2024-07-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-20
accounts-with-accounts-type-small
accounts · AA
2023-07-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-11