ADVANCED GAS SERVICES (MIDLANDS) LIMITED

💤Zombieactive
05126349 · ltd · incorporated 2004-05-12
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 Apr 2025
Net worth
£33.0k
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle 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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. 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
2 officers (1 active, 2 linked, 1 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
56 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £32,996
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£33k
↑ 827% YoY
Current Assets
£72k
↑ 25% YoY
Current Liabilities
£0£14k£29k£43k£58k£72kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-052024-04-05
Total assets£115.3k£66.4k
Current assets£72.2k£57.7k
Net assets£33.0k£3.6k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-01-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-01-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-05-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-05-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2019-04-30
    SMITH, Lisa Jane resigned
    secretary
  10. 2018-12-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-01-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-05-05
    📄
    capital-allotment-shares
    capital · SH01
  13. 2017-05-05
    📄
    capital-allotment-shares
    capital · SH01
  14. 2017-01-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-05-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-12-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2004-05-12
    🏢
    Company incorporated
    As ADVANCED GAS SERVICES (MIDLANDS) LIMITED
  18. 2004-05-12
    SMITH, Darren James appointed
    director
  19. 2004-05-12
    SMITH, Lisa Jane appointed
    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 22 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 22 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

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 Darren James Smith
Individual · British · DOB 04/1970 · age 56
2550%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

Similar companies

Active · Construction · DE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A & E PROPERTY & INVESTMENT LTD
12417332 · est 2020 · no financials extracted
6y
A H PEABODY CONSULTING LIMITED
14003933 · est 2022 · no financials extracted
4y
A. H. ELECTRICAL SYSTEMS LIMITED
06117110 · est 2007 · no financials extracted
19y
ACB HOME IMPROVEMENTS LTD
06276620 · est 2007 · no financials extracted
18y
ACE & TOPLIS RAIL LTD
16495222 · est 2025 · no financials extracted
ADKIN MECHANICAL SERVICES LTD
08330799 · est 2012 · no financials extracted
13y
ADVANCED DESIGN ELECTRICAL LIMITED
14528611 · est 2022 · no financials extracted
3y
AEG CONSTRUCTION LTD
13153011 · est 2021 · no financials extracted
5y
AEG ENERGY LTD
14164769 · est 2022 · no financials extracted
3y
AFFORDABLE HOMES GROUP LIMITED
09573963 · est 2015 · no financials extracted
10y
AFFORDABLE LANDSCAPE AND CONSTRUCTION SERVICES LTD
09142261 · est 2014 · no financials extracted
11y
AFK HOSPITALITY LTD
17078107 · est 2026 · no financials extracted
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2004-05-12
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

11 Springdale Court, Mickleover
Derby
Derbyshire
DE3 9SW

Filing status

Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2027-05-19
Last: 2026-05-05

Officers (1 active · 1 resigned)

SMITH, Darren James
director · ~56y · appointed 2004-05-12
View their other companies + combined net worth →
Active
SMITH, Lisa Jane
secretary · appointed 2004-05-12 · resigned 2019-04-30
Resigned

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

Recent filings (56 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-08
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-10