ACORN C LTD

🌳Matureactive
08210428 · ltd · incorporated 2012-09-11
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
Upgrade to see
Turnover
year to Dec 2024
Net worth
£513.5k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (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 -61% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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 £513,474
Net assets shrinking
Down £170,837 YoY
Cash draining
Cash down 61% YoY
Cash YoY
-61%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£165k
↓ 61% YoY
Net Worth
£513k
↓ 25% YoY
Current Assets
£422k
↓ 35% YoY
Current Liabilities
£0£137k£274k£411k£547k£684kDec 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£559.4k£727.0k
Current assets£422.0k£653.9k
Cash£164.7k£426.5k
Debtors£257.3k£227.4k
Net assets£513.5k£684.3k

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 (24 events)Click to expand
  1. 2025-09-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-09-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-09-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-09-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2021-09-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2020-12-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2020-09-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2020-09-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2020-09-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2020-09-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-09-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2019-08-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2019-05-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2019-01-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2018-10-17
    📄
    capital-return-purchase-own-shares
    capital · SH03
  16. 2018-09-17
    MIDDLETON, Joanna appointed
    director
  17. 2018-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-08-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2018-07-31
    LEWIS, John Alun resigned
    director
  20. 2012-10-09
    MIDDLETON, Joanna resigned
    director
  21. 2012-09-11
    🏢
    Company incorporated
    As ACORN C LTD
  22. 2012-09-11
    MIDDLETON, Shaun appointed
    director
  23. 2012-09-11
    LEWIS, John Alun appointed
    director
  24. 2012-09-11
    MIDDLETON, Joanna appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material 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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mrs Joanna Middleton
Individual · British · DOB 08/1982 · age 44
2550%
25–50%25-50% shares · 25-50% voting17/09/2018
Mr Shaun Middleton
Individual · British · DOB 04/1982 · age 44
2550%
25–50%25-50% shares · 25-50% voting11/09/2016
1 historic (ceased) PSC
  • Mr John Alun Lewisceased 31/07/2018· 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

6 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
Incorporated2012-09-11
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Unit 2, Foley Works
Foley Trading Estate
Hereford
HR1 2SF
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11

Officers (2 active · 2 resigned)

MIDDLETON, Joanna
director · ~44y · appointed 2018-09-17
View their other companies + combined net worth →
Active
MIDDLETON, Shaun
director · ~44y · appointed 2012-09-11
View their other companies + combined net worth →
Active
LEWIS, John Alun
director · ~40y · appointed 2012-09-11 · resigned 2018-07-31
Resigned
MIDDLETON, Joanna
director · ~44y · appointed 2012-09-11 · resigned 2012-10-09
Resigned

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

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-09-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-16
change-person-director-company-with-change-date
officers · CH01
2020-09-16
change-person-director-company-with-change-date
officers · CH01
2020-09-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-09-16