AJS SUSPENDED CEILINGS LIMITED

🌳Matureactive
06722958 · ltd · incorporated 2008-10-14
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
—
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Turnover
—
year to Oct 2025
Net worth
£37.6k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 74-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £37,595
Net assets shrinking
Down £584 YoY
Cash YoY
+18%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£49k
↑ 18% YoY
Net Worth
£38k
↓ 1.5% YoY
Current Assets
£56k
~ YoY
Current Liabilities
—
£0£11k£22k£34k£45k£56kOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-31
Total assets£42.7k£43.3k
Current assets£55.5k£56.1k
Cash£49.0k£41.4k
Debtors£6.5k£14.6k
Net assets£37.6k£38.2k

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 (21 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-11-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-10-31
    ➖
    ELLIOTT, Paul Dean resigned
    director
  5. 2024-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-02-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-10-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2019-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-09-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2017-09-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2017-07-01
    ➕
    ELLIOTT, Paul Dean appointed
    director
  16. 2017-07-01
    ➖
    SHELLARD, Michael Reginald resigned
    director
  17. 2017-02-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2010-02-01
    ➕
    SHELLARD, Jeanette Margaret appointed
    director
  19. 2008-10-14
    🏢
    Company incorporated
    As AJS SUSPENDED CEILINGS LIMITED
  20. 2008-10-14
    ➕
    SHELLARD, Adam Daniel appointed
    director
  21. 2008-10-14
    ➕
    SHELLARD, Michael Reginald appointed
    director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Adam Daniel Shellard
Individual · British · DOB 12/1982 · age 44
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr Michael Reginald Shellardceased 15/09/2017· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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

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 →
🔒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
Incorporated2008-10-14
Jurisdictionengland-wales
Primary SIC43390 — Other building completion and finishing

Registered office

19 Manor Road
Saltford
Bristol
BS31 3DN

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25

Officers (2 active · 2 resigned)

SHELLARD, Adam Daniel→
director · ~44y · appointed 2008-10-14
View their other companies + combined net worth →
Active
SHELLARD, Jeanette Margaret→
director · ~74y · appointed 2010-02-01
View their other companies + combined net worth →
Active
ELLIOTT, Paul Dean→
director · ~50y · appointed 2017-07-01 · resigned 2024-10-31
Resigned
SHELLARD, Michael Reginald→
director · ~76y · appointed 2008-10-14 · resigned 2017-07-01
Resigned

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

Recent filings (44 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-18
termination-director-company-with-name-termination-date
officers · TM01
2024-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-22
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-25