316 BUILDING SERVICES LIMITED

🚨Distressedactive
08514039 · ltd · incorporated 2013-05-02
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£-14.2k
book net assets
Opportunity
54/100
Worth a look
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What this business does
Primary activity: Electrical installation
Sector: Construction
ALSO REGISTERED FOR
  • 43220Plumbing, heat and air-conditioning installation
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

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, 2 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, 1 with DOB)
80
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
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £14,199
Net assets shrinking
Down £14,337 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£14k
↓ 10389% YoY
Current Assets
£99k
↑ 50% YoY
Current Liabilities
-£14k£8k£31k£54k£76k£99kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-07-312023-07-31
Total assets£64.1k£40.7k
Current assets£99.1k£66.0k
Net assets£-14.2k£138

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 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-05-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-04-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-04-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-04-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-12-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-04-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-02-26
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2018-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-02-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-05-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-02-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-05-02
    🏢
    Company incorporated
    As 316 BUILDING SERVICES LIMITED
  18. 2013-05-02
    GROVE, Cheneen appointed
    secretary
  19. 2013-05-02
    GROVE, Stephanus 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 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

53/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-03

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Stephanus Grove
Individual · British · DOB 05/1975 · age 51
5075%
50–75%board control50-75% shares · 50-75% voting · board control01/04/2017
Mrs Cheneen Grove
Individual · British · DOB 07/1975 · age 51
2550%
25–50%25-50% shares · 25-50% voting30/07/2023

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

10 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
Incorporated2013-05-02
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

2 Greenwood Close
Bury
Huntingdon
Cambridgeshire
PE26 2NZ
England

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-05-03OVERDUE
Last: 2025-04-19

Officers (2 active · 0 resigned)

GROVE, Cheneen
secretary · appointed 2013-05-02
View their other companies + combined net worth →
Active
GROVE, Stephanus
director · ~51y · appointed 2013-05-02
View their other companies + combined net worth →
Active

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

Recent filings (29 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-12