A.C.SMITH TECHNICAL SERVICES LTD

💤Zombieactive
08598044 · ltd · incorporated 2013-07-04
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 Mar 2025
Net worth
£10.5k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (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).

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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £10,490
Cash YoY
-25%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£26k
↓ 25% YoY
Net Worth
£10k
↑ 133% YoY
Current Assets
£61k
↓ 11% YoY
Current Liabilities
£0£14k£27k£41k£55k£68kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£53.9k£34.3k
Current assets£60.8k£68.2k
Cash£26.3k£35.2k
Debtors£34.5k£33.0k
Net assets£10.5k£4.5k

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 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-09-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-09-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-07-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-07-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2014-08-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2014-07-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2013-11-12
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  16. 2013-08-27
    SMITH, Andrew Clive appointed
    director
  17. 2013-07-05
    VALAITIS, Peter Anthony resigned
    director
  18. 2013-07-04
    🏢
    Company incorporated
    As A.C.SMITH TECHNICAL SERVICES LTD
  19. 2013-07-04
    VALAITIS, Peter Anthony appointed
    director

Owner dependency

98/100
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.
  • +Founder name in company name: Company name contains director surname "SMITH" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 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 Andrew Clive Smith
Individual · British · DOB 02/1968 · age 58
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest04/07/2016

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
Incorporated2013-07-04
Jurisdictionengland-wales
Primary SIC71129 — Other engineering activities

Registered office

56 Ploverdale Crescent
Kingswinford
West Midlands
DY6 8XT

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-18
Last: 2025-07-04

Officers (1 active · 1 resigned)

SMITH, Andrew Clive
director · ~58y · appointed 2013-08-27
View their other companies + combined net worth →
Active
VALAITIS, Peter Anthony
director · ~76y · appointed 2013-07-04 · resigned 2013-07-05
Resigned

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

Recent filings (28 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-19