AJB JOINERY SERVICES LTD
Opportunity 73/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 15.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key 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 | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | — | £73.0k |
| Current assets | — | £141.2k |
| Net assets | — | £73.0k |
| Average employees | 5 | — |
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
- • 1 accounts
- • 3 officers
- • 1 accounts
- • 1 address
Corporate timeline (29 events)Click to expand
- 2026-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-19➖WATSON, Robert James resignedsecretary
- 2026-02-19➖WATSON, Robert James resigneddirector
- 2026-02-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-02-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-19📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-01📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2017-12-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2016-11-11➕ROBERTS, William Douglas Richard appointeddirector
- 2016-11-11➖HALSTEAD, Susan resignedsecretary
- 2016-11-11➕WATSON, Robert James appointedsecretary
- 2016-11-11➖HALSTEAD, Brian resigneddirector
- 2016-11-11➖HALSTEAD, Susan resigneddirector
- 2016-11-11➕WATSON, Robert James appointeddirector
- 2010-09-14🔒Charge registered #1Lender: Alan James Bishop and Dawn Marion Bishop
- 2004-07-21🏢Company incorporatedAs AJB JOINERY SERVICES LTD
- 2004-07-21➕HALSTEAD, Susan appointedsecretary
- 2004-07-21➕HALSTEAD, Brian appointeddirector
- 2004-07-21➕HALSTEAD, Susan appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: WATSON, Robert James resigned 2026-02-19; WATSON, Robert James resigned 2026-02-19
Group structure
Greentrac Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Greentrac Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 11/11/2016 |
1 historic (ceased) PSC
- Mr Brian Halsteadceased 11/11/2016· 75-100% shares
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
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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 →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 (1 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Alan James Bishop and Dawn Marion Bishop | Rent deposit deed | 1 property | 14/09/2010 | — |