APS SECURITY AND ELECTRICAL LTD

💤Zombieactive
06242282 · ltd · incorporated 2007-05-10
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to May 2024
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: SIC 46520
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 55/100. Strong seller-intent signal (65/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31

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 (21 events)Click to expand
  1. 2025-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-05-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-03-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-02-28
    GRAHAM, Paul resigned
    secretary
  7. 2025-02-28
    GRAHAM, Paul resigned
    director
  8. 2024-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-05-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2016-02-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2007-05-10
    🏢
    Company incorporated
    As APS SECURITY AND ELECTRICAL LTD
  19. 2007-05-10
    DODGSON, Alan appointed
    director
  20. 2007-05-10
    GRAHAM, Paul appointed
    secretary
  21. 2007-05-10
    GRAHAM, Paul appointed
    director

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-05-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Alan Dodgson
Individual · British · DOB 08/1967 · age 59
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Paul Grahamceased 01/04/2025· 25-50% shares · 25-50% voting

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2007-05-10
Jurisdictionengland-wales
Primary SIC46520 — SIC 46520

Registered office

104 Northfield Road
Liverpool
L9 8BA

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2027-05-23
Last: 2026-05-09

Officers (1 active · 2 resigned)

DODGSON, Alan
director · ~59y · appointed 2007-05-10
View their other companies + combined net worth →
Active
GRAHAM, Paul
secretary · appointed 2007-05-10 · resigned 2025-02-28
Resigned
GRAHAM, Paul
director · ~59y · appointed 2007-05-10 · resigned 2025-02-28
Resigned

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

Recent filings (51 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-27
termination-director-company-with-name-termination-date
officers · TM01
2025-03-04
termination-secretary-company-with-name-termination-date
officers · TM02
2025-03-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-12