AHS PLASTERING SYSTEMS LTD

💤Zombieactive
08335624 · ltd · incorporated 2012-12-18
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
£149.8k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Plastering
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 8.2y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
36 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £149,770
Cash YoY
+133%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£184k
↑ 133% YoY
Net Worth
£150k
↑ 42% YoY
Current Assets
£356k
↑ 157% YoY
Current Liabilities
£0£71k£142k£214k£285k£356kDec 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£164.9k£128.9k
Current assets£356.2k£138.5k
Cash£183.9k£79.0k
Debtors£125.8k£10.8k
Net assets£149.8k£105.6k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-09-14
    SMITH, John Fitzgerald appointed
    director
  6. 2022-09-14
    SMITH, Alison Jane resigned
    director
  7. 2022-09-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2022-09-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-04-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-09-05
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2018-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-08-31
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2018-08-31
    🔓
    Charge satisfied #1
  17. 2018-08-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2018-08-22
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  19. 2018-05-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2018-04-27
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 2017-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2012-12-18
    🏢
    Company incorporated
    As AHS PLASTERING SYSTEMS LTD
  23. 2012-12-18
    JACOBS, Yomtov Eliezer appointed
    director
  24. 2012-12-18
    JACOBS, Yomtov Eliezer resigned
    director
  25. 2012-12-18
    SMITH, Alison Jane appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 John Fitzgerald Smith
Individual · British · DOB 06/1964 · age 62
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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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
Incorporated2012-12-18
Jurisdictionengland-wales
Primary SIC43310 — Plastering

Registered office

279 Woodchurch Road Woodchurch Road
Birkenhead
CH42 9LE
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18

Officers (1 active · 2 resigned)

SMITH, John Fitzgerald
director · ~62y · appointed 2022-09-14
View their other companies + combined net worth →
Active
JACOBS, Yomtov Eliezer
director · ~56y · appointed 2012-12-18 · resigned 2012-12-18
Resigned
SMITH, Alison Jane
director · ~57y · appointed 2012-12-18 · resigned 2022-09-14
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property22/08/2018
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property27/04/201831/08/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (36 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
termination-director-company-with-name-termination-date
officers · TM01
2022-09-14
appoint-person-director-company-with-name-date
officers · AP01
2022-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-30