AAR DEVELOPMENTS LTD
🌳Matureactive
08177972 · ltd · incorporated 2012-08-13
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
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Turnover
—
year to Dec 2024
Net worth
£218.5k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
PursueAsset-holding vehicle with a 79-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (79/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 declaredPositive net assets
Net assets £218,517
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£219k
↑ 5.1% YoY
Current Assets
£24k
↑ 308% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £219.8k | £209.2k |
| Current assets | £23.8k | £5.8k |
| Net assets | £218.5k | £207.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (18 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-09📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-12-08📄gazette-notice-compulsorygazette · GAZ1
- 2020-08-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-08-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-08-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-08-13🏢Company incorporatedAs AAR DEVELOPMENTS LTD
- 2012-08-13➕BANCE, Alan James appointeddirector
- 2012-08-13➕SULTAN, Aneela appointeddirector
Owner dependency
78/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 79 — succession pressure is live.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 79 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 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alan James Bance Individual · British · DOB 06/1947 · age 79 | 25–50% | 25–50% | board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence | 06/04/2016 |
Miss Aneela Sultan Individual · British · DOB 02/1973 · age 53 | 25–50% | 25–50% | board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence | 06/04/2016 |
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 →Similar companies
Active · Construction · CR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & A MECHANICAL SERVICES LIMITED→ 10863348 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A & B BUILDING CONTRACTORS LIMITED→ 06608580 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| A1 BUILDERS CROYDON LIMITED→ 13062605 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A2 UK SCAFFOLDING LTD→ 14118333 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A2K CONSTRUCTIONS LTD→ 16322521 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A2Z CONSTRUCTIONS & HEATING LTD→ 11434143 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A3 COOLING SERVICES LIMITED→ 06654162 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AAPLUS BUILDING GROUP LTD→ 11716049 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AAR BUILDERS LIMITED→ 09561667 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AATHAVA HOME IMPROVEMENT LTD→ 16949412 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AB FIRE&SECURITY LTD→ 14796233 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AB PROJECTS (UK) LIMITED→ 09404920 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2012-08-13
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings
Registered office
212 Brighton Road
South Croydon
CR2 6AF
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-27
Last: 2025-08-13
Officers (2 active · 0 resigned)
BANCE, Alan James→
Activedirector · ~79y · appointed 2012-08-13
View their other companies + combined net worth →
SULTAN, Aneela→
Activedirector · ~53y · appointed 2012-08-13
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (29 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-07
gazette-filings-brought-up-to-date
gazette · DISS40
2020-12-09
gazette-notice-compulsory
gazette · GAZ1
2020-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-07
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-24
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-23