AJM DESIGN AND BUILD LTD

💤Zombieactive
07290486 · ltd · incorporated 2010-06-21
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 Dec 2024
Net worth
£6.7k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (65/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -65% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £6,688
Net assets shrinking
Down £2,299 YoY
Cash draining
Cash down 65% YoY
Cash YoY
-65%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£347
↓ 65% YoY
Net Worth
£7k
↓ 26% YoY
Current Assets
£15k
↓ 2.8% YoY
Current Liabilities
£0£3k£6k£9k£12k£15kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£8.5k£14.9k
Current assets£14.7k£15.2k
Cash£347£991
Debtors£14.4k£14.2k
Net assets£6.7k£9.0k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-28
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  6. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-07-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2021-07-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-07-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2017-03-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-08-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2016-08-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-08-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2016-06-29
    PIPER, Jason resigned
    director
  18. 2010-06-21
    🏢
    Company incorporated
    As AJM DESIGN AND BUILD LTD
  19. 2010-06-21
    IRONSIDE, David Alan appointed
    director
  20. 2010-06-21
    PIPER, Jason 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 16 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — 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 58. 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 16 years.
  • secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-07-05

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Alan Ironside
Individual · British · DOB 07/1968 · age 58
75100%
75-100% shares01/08/2016

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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04262844 · est 2001 · no financials extracted
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08070632 · est 2012 · no financials extracted
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04290794 · est 2001 · no financials extracted
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14178335 · est 2022 · no financials extracted
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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
Incorporated2010-06-21
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

1st Floor 5 Century Court
Tolpits Lane
Watford
Hertfordshire
WD18 9PX
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-05OVERDUE
Last: 2025-06-21

Officers (1 active · 1 resigned)

IRONSIDE, David Alan
director · ~58y · appointed 2010-06-21
View their other companies + combined net worth →
Active
PIPER, Jason
director · ~53y · appointed 2010-06-21 · resigned 2016-06-29
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
2025-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
change-account-reference-date-company-previous-extended
accounts · AA01
2022-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
change-person-director-company-with-change-date
officers · CH01
2021-07-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-13