A J WILLETTS LIMITED

💤Zombieactive

05491337 · ltd · incorporated 2005-06-27

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 Jun 2025

Net worth

£8.2k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other building completion and finishing

Sector: Construction

Investor take

Pursue

Asset-holding vehicle with a 61-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). 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 (73/100).

Data confidence

Overall: medium (75/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (1 active, 4 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

52 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £8,191

Cash YoY

+175%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£5k

↑ 175% YoY

Net Worth

£8k

↑ 32% YoY

Current Assets

£8k

↑ 70% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£9.1k	£7.4k
Current assets	£7.6k	£4.5k
Cash	£5.2k	£1.9k
Debtors	£2.4k	£2.6k
Net assets	£8.2k	£6.2k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-09-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-02-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-03-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-07-11
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-03-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-06-28
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-18
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-08-05
➖
DONOHUE, Christopher James resigned
secretary
2015-08-05
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2007-10-10
➕
DONOHUE, Christopher James appointed
secretary
2007-10-10
➖
CLIFFORD FRY & CO (COMPANY SECRETARIAL) LTD resigned
corporate-secretary
2005-06-27
🏢
Company incorporated
As A J WILLETTS LIMITED
2005-06-27
➕
WILLETTS, Andrew James appointed
director
2005-06-27
➕
CLIFFORD FRY & CO (COMPANY SECRETARIAL) LTD appointed
corporate-secretary
2005-06-27
➕
INCORPORATE SECRETARIAT LIMITED appointed
corporate-nominee-secretary
2005-06-27
➖
INCORPORATE SECRETARIAT LIMITED resigned
corporate-nominee-secretary

Owner dependency

100/100

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.
+Founder name in company name: Company name contains director surname "WILLETTS" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 21 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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Andrew James Willetts Individual · British · DOB 12/1965 · age 61	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · SP postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
1ST CHOICE PROPERTY SOLUTIONS BA LTD→ 15142346 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
1ST VIEW DEVELOPMENTS LIMITED→ 15768814 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
5 STARS DECORATING LTD→ 15796522 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
5P CONTRACTS LTD→ 14661018 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
A D FINISHES LIMITED→ 07202814 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
A I MERCER & SON LIMITED→ 11815278 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
A-GAME ROOFING SPECIALIST LTD→ 17089304 · est 2026 · no financials extracted	—	—	—	—	—	—	—
A.D.H CONTRACTORS LTD→ 15558771 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
A.E.P. (MODULAR CONSTRUCTION) LIMITED→ 03445509 · est 1997 · no financials extracted	—	—	—	—	28y	—	—
A1 ROOFING LTD→ 05141109 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
AB INDUSTRIAL ENGINEERING LTD→ 16146708 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ABEL POOLS LIMITED→ 12136236 · est 2019 · no financials extracted	—	—	—	—	6y	—	—

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

Incorporated2005-06-27

Jurisdictionengland-wales

Primary SIC43390 — Other building completion and finishing

Registered office

6 Shady Bower Close

Salisbury

SP1 2RQ

England

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-06-30

Last: 2025-06-16

Officers (1 active · 3 resigned)

WILLETTS, Andrew James→

director · ~61y · appointed 2005-06-27

View their other companies + combined net worth →

Active

DONOHUE, Christopher James→

secretary · appointed 2007-10-10 · resigned 2015-08-05

Resigned

CLIFFORD FRY & CO (COMPANY SECRETARIAL) LTD→

corporate-secretary · appointed 2005-06-27 · resigned 2007-10-10

Resigned

INCORPORATE SECRETARIAT LIMITED→

corporate-nominee-secretary · appointed 2005-06-27 · resigned 2005-06-27

Resigned

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