ACEART CARPENTRY LIMITED
🌳Matureactive
05818344 · ltd · incorporated 2006-05-16
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 Apr 2025
Net worth
£798.1k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 82/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -66% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 7.8y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £798,110
Cash draining
Cash down 66% YoY
Cash YoY
-66%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£43k
↓ 66% YoY
Net Worth
£798k
↑ 2.8% YoY
Current Assets
£520k
↓ 19% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-05 | 2024-04-05 |
|---|---|---|
| Total assets | £1.17M | £1.19M |
| Current assets | £519.7k | £638.2k |
| Cash | £42.6k | £124.0k |
| Debtors | £477.1k | £514.3k |
| Net assets | £798.1k | £776.7k |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-28🔒Charge registered #3Lender: Aldermore Bank PLC
- 2025-11-28🔒Charge registered #2Lender: Aldermore Bank PLC
- 2025-08-19➕CIKAJ, Griseld appointeddirector
- 2025-08-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-15📄change-person-director-company-with-change-dateofficers · CH01
- 2022-09-15📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-09-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-18🔒Charge registered #1Lender: National Westminster Bank PLC
- 2006-05-16🏢Company incorporatedAs ACEART CARPENTRY LIMITED
- 2006-05-16➕CIKAJ, Migena appointedsecretary
- 2006-05-16➕CIKAJ, Astrit appointeddirector
Owner dependency
84/100
Critical — business is the founderThe 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 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
26/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — CIKAJ, Griseld (same surname) appointed 2025-08-19. Pattern consistent with intra-family handover.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- 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.
- 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 Astrit Cikaj Individual · British · DOB 11/1965 · age 61 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 19/09/2016 |
Mr Griseld Cikaj Individual · British · DOB 04/1994 · age 32 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/08/2025 |
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
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|---|---|---|---|---|---|---|---|
| AD (TEYNHAM) LIMITED→ 16637853 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AD PROTECTION 22 LTD→ 16682891 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AD ROOFING SOUTH EAST LIMITED→ 16070580 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADD-A-ROOM LONDON LTD→ 16989683 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADDASSET BUILD LIMITED→ 12572884 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADDISEN LTD→ 14096941 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADDR CONSTRUCTIONS LTD→ 16762126 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADE BUILDING SERVICES LIMITED→ 07696737 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ADE HOPE 247 LIMITED→ 16294892 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADEC BUILDING SERVICES LIMITED→ 13430065 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADEIL & CO LTD→ 14166864 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADEKAZ BUILDERS LTD→ 15667502 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2006-05-16
Jurisdictionengland-wales
Primary SIC43390 — Other building completion and finishing
Registered office
89 Court Road
London
SE9 5AG
England
Filing status
Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2026-10-01
Last: 2025-09-17
Officers (3 active · 0 resigned)
Active
CIKAJ, Astrit→
Activedirector · ~61y · appointed 2006-05-16
View their other companies + combined net worth →
CIKAJ, Griseld→
Activedirector · ~32y · appointed 2025-08-19
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 28/11/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 28/11/2025 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 18/08/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (52 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-19
appoint-person-director-company-with-name-date
officers · AP01
2025-08-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-15