AIR CONDITIONING SYSTEMS WALES LIMITED

🌳Matureactive

05502827 · ltd · incorporated 2005-07-07

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jul 2025

Net worth

£1.7k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Plumbing, heat and air-conditioning installation

Sector: Construction

Investor take

Pursue

Asset-holding vehicle with a 74-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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

6 officers (2 active, 6 linked, 3 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

64 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 £1,667

Net assets shrinking

Down £1,298 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£2k

↓ 44% YoY

Current Assets

£45k

↓ 24% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-07-30	2024-07-30
Total assets	£1.7k	£3.0k
Current assets	£44.9k	£59.3k
Net assets	£1.7k	£3.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2026-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-30
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2017-09-26
📄
gazette-notice-compulsory
gazette · GAZ1
2017-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-10-12
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2016-10-11
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2011-06-30
➖
REES, John David resigned
secretary
2007-06-11
➕
REES, John David appointed
secretary
2007-06-08
➖
WHITTAKER, Andrew Maurice resigned
secretary
2006-10-11
➖
HOBBS, Stephen Linsley resigned
director
2005-09-20
➖
LANE, Clayton resigned
secretary
2005-09-20
➕
WHITTAKER, Andrew Maurice appointed
secretary
2005-07-07
🏢
Company incorporated
As AIR CONDITIONING SYSTEMS WALES LIMITED
2005-07-07
➕
DOWNES, Jamie appointed
director
2005-07-07
➕
LANE, Clayton appointed
director
2005-07-07
➕
LANE, Clayton appointed
secretary
2005-07-07
➕
HOBBS, Stephen Linsley appointed
director

Owner dependency

83/100

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

+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 74 — succession pressure is live.

Succession & seller-readiness

96/100

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 74 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 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Clayton Lane Individual · British · DOB 10/1952 · age 74	25–50%	—	25-50% shares	01/06/2016

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

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AJ PROPERTY SERVICES & MAINTENANCE LIMITED→ 15912532 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
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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.

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Company details

Statusactive

Typeltd

Incorporated2005-07-07

Jurisdictionengland-wales

Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

Unit 9 Greenway Workshops Greenway Workshops

Bedwas House Industrial Estate, Bedwas

Caerphilly

CF83 8HW

Wales

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-30

Confirmation statement

Next due: 2026-07-27

Last: 2025-07-13

Officers (2 active · 4 resigned)

DOWNES, Jamie→

director · ~49y · appointed 2005-07-07

View their other companies + combined net worth →

Active

LANE, Clayton→

director · ~74y · appointed 2005-07-07

View their other companies + combined net worth →

Active

LANE, Clayton→

secretary · appointed 2005-07-07 · resigned 2005-09-20

Resigned

REES, John David→

secretary · appointed 2007-06-11 · resigned 2011-06-30

Resigned

WHITTAKER, Andrew Maurice→

secretary · appointed 2005-09-20 · resigned 2007-06-08

Resigned

HOBBS, Stephen Linsley→

director · ~76y · appointed 2005-07-07 · resigned 2006-10-11

Resigned

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