ACAPS LTD.
🌳Matureactive
05718343 · ltd · incorporated 2006-02-22
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 17.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£240.5k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (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: strategic trade sale (63/100).
🏦
Refinance opportunity
1 live charge · oldest 17.5y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 17.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — 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.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £240,538
Net assets shrinking
Down £58,205 YoY
Cash YoY
+1%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£218k
↑ 1.2% YoY
Net Worth
£241k
↓ 19% YoY
Current Assets
£242k
↓ 20% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £243.9k | £305.1k |
| Current assets | £241.9k | £304.2k |
| Cash | £217.9k | £215.3k |
| Debtors | £21.5k | £88.8k |
| Net assets | £240.5k | £298.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (24 events)Click to expand
- 2025-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-03📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-09-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2017-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-01➖OVERTON, Peter Whitney resignedsecretary
- 2017-03-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-03-02📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2016-11-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-04➕OVERTON, Peter Whitney appointedsecretary
- 2016-07-04➕OVERTON, Peter Whitney appointeddirector
- 2016-07-04➖OVERTON, Peter Whitney resigneddirector
- 2016-07-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2011-01-01➕MAHEY, Lisa appointeddirector
- 2008-11-20🔒Charge registered #1Lender: Hsbc Bank PLC
- 2006-02-22🏢Company incorporatedAs ACAPS LTD.
- 2006-02-22➕MAHEY, Lisa appointedsecretary
- 2006-02-22➕MAHEY, Ram appointeddirector
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 20 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ram Mahey Individual · British · DOB 10/1969 · age 57 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mrs Lisa Mahey Individual · British · DOB 07/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 · TF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 103 WARDOUR STREET RETAIL INVESTMENT COMPANY LIMITED→ 09291187 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 4SYTE NETWORK LIMITED→ 14304111 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A G BUILDING IMPROVEMENTS LIMITED→ 13852428 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| A J BUILDING AND PROPERTY MAINTENANCE LTD→ 10701228 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ADAPTALL SOLUTIONS LTD→ 10832196 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADB INNOVATIONS LTD→ 16295605 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADS GLAZING LTD→ 13365481 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADVANCED HEAT SOLUTIONS LIMITED→ 09564045 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANCED ROOFING AND GUTTERING LIMITED→ 11787404 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AGL ELECTRICAL (SHROPSHIRE) LTD→ 07633219 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AKV HOME IMPROVEMENTS LTD→ 17065301 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALBINROY LIMITED→ 01233156 · est 1975 · no financials extracted | — | — | — | — | 50y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2006-02-22
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
Easthope Coppice Bridge Bank
Ironbridge
Telford
Shropshire
TF8 7JT
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20
Officers (3 active · 2 resigned)
Active
Active
Active
OVERTON, Peter Whitney→
Resignedsecretary · appointed 2016-07-04 · resigned 2017-10-01
OVERTON, Peter Whitney→
Resigneddirector · ~70y · appointed 2016-07-04 · resigned 2016-07-04
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 20/11/2008 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (54 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-08
change-account-reference-date-company-current-extended
accounts · AA01
2024-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-23