A&C PLUMBING AND HEATING LTD
Opportunity 75/100 (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 18.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey 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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £15.8k | £6.5k |
| Current assets | £23.0k | £9.1k |
| Cash | £22.1k | £8.6k |
| Debtors | £891 | £538 |
| Net assets | £15.8k | £6.5k |
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 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (35 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-08-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-04-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-04-20➖LAMB, Elizabeth Ann resigneddirector
- 2019-12-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-08-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-06-07📄resolutionresolution · RESOLUTIONS
- 2017-12-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-12-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-12-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-12-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-04-19➖LAMB, Graham resigneddirector
- 2015-04-30➖LAMB, Stephen Graham resigneddirector
- 2014-01-06➕LAMB, Andrew appointeddirector
- 2014-01-06➕LAMB, Stephen Graham appointeddirector
- 2012-11-30➖LAMB, Serena Jayne resignedsecretary
- 2012-11-30➖LAMB, Serena Jayne resigneddirector
- 2012-11-30➖LAMB, Stephen Graham resigneddirector
- 2008-01-18🔒Charge registered #1Lender: National Westminster Bank PLC
- 2006-04-21➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2006-04-21➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2006-04-18🏢Company incorporatedAs A&C PLUMBING AND HEATING LTD
- 2006-04-18➕LAMB, Serena Jayne appointedsecretary
- 2006-04-18➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2006-04-18➕LAMB, Elizabeth Ann appointeddirector
- 2006-04-18➕LAMB, Graham appointeddirector
- 2006-04-18➕LAMB, Serena Jayne appointeddirector
- 2006-04-18➕LAMB, Stephen Graham appointeddirector
- 2006-04-18➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
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.
- secondary12+ year tenure: Director in role 12 years.
- 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Lamb Individual · British · DOB 07/1981 · age 45 | 75–100% | — | 75-100% shares | 19/04/2017 |
2 historic (ceased) PSCs
- Mrs Elizabeth Ann Lambceased 19/04/2017· 25-50% shares
- Mr Graham Lambceased 19/04/2017· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 18/01/2008 | — |