AC SECURITY SOLUTIONS LIMITED
- · Thesis: well-run, low negotiation leverage
- 47429SIC 47429
- 61200Wireless telecommunications activities
Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (83/100, director aged 79). 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 16.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 16.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £2.10M | £1.78M |
| Current assets | £3.16M | £2.28M |
| Cash | £359.2k | £53.1k |
| Debtors | £2.66M | £2.06M |
| Net assets | £1.97M | £1.64M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (27 events)Click to expand
- 2025-12-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-01-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-12-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-02-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2016-01-29🔒Charge registered #4Lender: Eric Yves Marie Leon (As Trustee of the Ac Security Solutions Ssas)
- 2015-09-22🔓Charge satisfied #2
- 2014-08-05🔒Charge registered #3Lender: Hsbc Bank PLC
- 2013-06-28🔒Charge registered #2Lender: Ultimate Invoice Finance Limited
- 2010-01-18🔒Charge registered #1Lender: Hsbc Bank PLC
- 2005-07-11➕LEON, Patricia appointeddirector
- 2004-12-22➕LEON, Eric Yves, Dr appointeddirector
- 2004-12-22➖ATHENAEUM DIRECTORS LIMITED resignedcorporate-director
- 2004-11-19➕LEON, Eric Yves, Dr appointedsecretary
- 2004-11-19➖ATHENAEUM SECRETARIES LIMITED resignedcorporate-secretary
- 2004-03-29🏢Company incorporatedAs AC SECURITY SOLUTIONS LIMITED
- 2004-03-29➕ATHENAEUM SECRETARIES LIMITED appointedcorporate-secretary
- 2004-03-29➕ATHENAEUM DIRECTORS LIMITED appointedcorporate-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 79 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 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
cleanShareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Dr Eric Yves Leon Individual · French · DOB 02/1947 · age 79 | 75–100% | — | 75-100% shares | 17/02/2017 |
Patricia Yves Leon Individual · British · DOB 03/1947 · age 79 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 23/08/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Wholesale & distribution · KT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 21ST CENTURY SERVICE LTD→ 11866520 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 900 LONDON LIMITED→ 13649927 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A.FAOUR LIMITED→ 13135382 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A3 FIXINGS LTD→ 04486064 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ACCOUNTANCY 4 NOW LTD.→ 12894738 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACME GENERAL TRADING LIMITED→ 11377140 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AD METAL TRADING LTD→ 13977270 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADA LONDON TRADING LIMITED→ 15239478 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADDOFFICE LTD→ 13926364 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADUENAM INTERNATIONAL LTD→ 16971154 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCED LOGISTICS FOR AEROSPACE (UK) LIMITED→ 02265000 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| AEREM VENTURES LIMITED→ 10803644 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
8 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 →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
Registered office
Filing status
Officers (3 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Eric Yves Marie Leon (As Trustee of the Ac Security Solutions Ssas) / City Trustees (As Trustee of the Ac Security Solutions Ssas) Eric Yves Marie Leon (As Trustee of the Ac Security Solutions Ssas) / City Trustees Limited (As Trustee of the Ac Security Solutions Ssas) | A registered charge | — | 29/01/2016 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 05/08/2014 | — | |
| satisfied | Ultimate Invoice Finance Ultimate Invoice Finance Limited | A registered charge | 8 properties | 28/06/2013 | 22/09/2015 | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 18/01/2010 | — |