A.C DUCTWORK SERVICES LTD

💤Zombieactive
07725964 · ltd · incorporated 2011-08-02
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
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Turnover
year to Aug 2024
Net worth
£-71.9k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -100% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £71,927
Very low cash
Cash position: £12
Net assets shrinking
Down £75,686 YoY
Cash draining
Cash down 100% YoY
Cash YoY
-100%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£12
↓ 100% YoY
Net Worth
-£72k
↓ 2013% YoY
Current Assets
£219k
↑ 48% YoY
Current Liabilities
-£72k-£14k£45k£103k£161k£219kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Total assets£-50.5k£35.0k
Current assets£219.4k£148.3k
Cash£12£7.0k
Debtors£219.3k£141.3k
Net assets£-71.9k£3.8k

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 (17 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2021-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2021-05-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2020-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-05-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2018-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-05-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2017-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-08-02
    🏢
    Company incorporated
    As A.C DUCTWORK SERVICES LTD
  17. 2011-08-02
    CARR, Aiden appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Aiden Carr
Individual · British · DOB 06/1981 · age 45
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest06/04/2016

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
Incorporated2011-08-02
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

12 Lilburne Gardens
London
SE9 6PZ
England

Filing status

Accounts
Next due: 2026-05-28
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-16
Last: 2025-08-02

Officers (1 active · 0 resigned)

CARR, Aiden
director · ~45y · appointed 2011-08-02
View their other companies + combined net worth →
Active

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

Recent filings (38 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-28
gazette-filings-brought-up-to-date
gazette · DISS40
2021-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-02
gazette-notice-compulsory
gazette · GAZ1
2021-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-08
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-29