ACORN BUILDING SERVICES LTD
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (80/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
8 live charges · 4 lenders · oldest 18.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 18.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 6 | 800 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 2 address
- • 1 confirmation-statement
Corporate timeline (48 events)Click to expand
- 2026-03-18📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2026-03-17📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2025-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-09-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-09-06➕CROSSLEY, Claire appointedsecretary
- 2025-09-05➖COCKCROFT, Sharon resignedsecretary
- 2024-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-23➕COCKCROFT, Sharon appointedsecretary
- 2024-01-23📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-01🔒Charge registered #8Lender: Advantedge Commercial Finance (North) LTD
- 2022-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-21🔓Charge satisfied #7
- 2022-02-21🔓Charge satisfied #6
- 2021-12-20✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2021-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-12-29📄gazette-notice-compulsorygazette · GAZ1
- 2020-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-11-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-11-24🔓Charge satisfied #5
- 2020-11-24🔓Charge satisfied #2
- 2020-11-24🔓Charge satisfied #1
- 2019-05-14🔒Charge registered #7Lender: Bibby Financial Services Limited (As Security Trustee)
- 2017-05-22➖FOOTE, Diane Mary, Dr resignedsecretary
- 2017-05-22➖FOOTE, Diane Mary, Dr resigneddirector
- 2016-12-22🔓Charge satisfied #4
- 2016-06-07➕MERCER, David Andrew appointeddirector
- 2015-02-24🔒Charge registered #6Lender: Bibby Financial Services Limited (As Security Trustee)
- 2013-05-31🔓Charge satisfied #3
- 2011-11-28🔒Charge registered #5Lender: Hsbc Bank PLC
- 2010-01-05🔒Charge registered #4Lender: Barclays Bank PLC
- 2009-08-21🔒Charge registered #3Lender: Barclays Bank PLC
- 2008-06-30🔒Charge registered #2Lender: Barclays Bank PLC
- 2008-04-24🔒Charge registered #1Lender: Barclays Bank PLC
- 2007-03-01🏢Company incorporatedAs ACORN BUILDING SERVICES LTD
- 2007-03-01➕MERCER, Alison appointeddirector
- 2007-03-01➕FOOTE, Diane Mary, Dr appointedsecretary
- 2007-03-01➕GRAEME, Paul Gordon appointedsecretary
- 2007-03-01➖GRAEME, Paul Gordon resignedsecretary
- 2007-03-01➕FOOTE, Diane Mary, Dr appointeddirector
- 2007-03-01➕GRAEME, Lesley Joyce appointeddirector
- 2007-03-01➖GRAEME, Lesley Joyce resigneddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 19 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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Andrew Mercer Individual · British · DOB 02/1965 · age 61 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/06/2016 |
Mrs Alison Mercer Individual · British · DOB 07/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Dr Diane Mary Footeceased 15/08/2017· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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|---|---|---|---|---|---|---|---|
| 5 STAR DECORATING SERVICES LTD→ 14160236 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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| A & F SPRINKLERS SERVICES LIMITED→ 11398509 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A GARTON BRICKWORK LTD→ 13619224 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A.G CONSTRUCTIONS OLDHAM LTD→ 15878958 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A.GREGORY & CO.LIMITED→ 00929563 · est 1968 · no financials extracted | — | — | — | — | 58y | — | — |
| A&G BUILDING&JOINERY SERVICES LIMITED→ 05903606 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| A2B PLUMBING LTD→ 12724854 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A7 CONSTRUCTION LTD→ 17127219 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AARON DEVELOPMENTS WARRINGTON LIMITED→ 05317888 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ACOUSTIC INTERIOR SOLUTIONS LIMITED→ 15803304 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACR GROUP LTD→ 14709946 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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 →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 (3 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Advantedge Commercial Finance (North) Advantedge Commercial Finance (North) LTD | A registered charge | 1 property | 01/03/2022 | — | |
| satisfied | Bibby Financial Services Bibby Financial Services Limited (As Security Trustee) | A registered charge | 4 properties | 14/05/2019 | 21/02/2022 | |
| satisfied | Bibby Financial Services Bibby Financial Services Limited (As Security Trustee) | A registered charge | — | 24/02/2015 | 21/02/2022 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 28/11/2011 | 24/11/2020 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 05/01/2010 | 22/12/2016 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 21/08/2009 | 31/05/2013 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 30/06/2008 | 24/11/2020 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 24/04/2008 | 24/11/2020 |