AITCHISON DEVELOPMENT CONSTRUCTION LTD
💤Zombieactive
08638837 · ltd · incorporated 2013-08-06
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 Aug 2024
Net worth
£-44.0k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
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: Cash flow review and working-capital discipline. Cash down -44% YoY — forensic review of receivables, stock turns, and creditor days. 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
5 officers (1 active, 5 linked, 5 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
49 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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £44,016
Cash draining
Cash down 44% YoY
Cash YoY
-44%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 44% YoY
Net Worth
-£44k
↑ 7.7% YoY
Current Assets
£12k
↓ 32% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £-24.0k | £-17.7k |
| Current assets | £11.8k | £17.3k |
| Cash | £3.3k | £6.0k |
| Debtors | £8.5k | £11.4k |
| Net assets | £-44.0k | £-47.7k |
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
1
filing
- • 1 officers
Last 180 days
6
filings
- • 3 officers
- • 2 persons-with-significant-control
- • 1 address
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-06-05➖OMER, Nabiha resigneddirector
- 2026-06-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-12📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-10📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-01📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-08➖OMER, Sumera resigneddirector
- 2024-03-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-20➕OMER, Sumera appointeddirector
- 2019-08-29➕OMER, Nabiha appointeddirector
- 2019-04-01➖OMER, Sumera resigneddirector
- 2014-07-26➖BHATTI, Farooq Ahmad resigneddirector
- 2013-08-06🏢Company incorporatedAs AITCHISON DEVELOPMENT CONSTRUCTION LTD
- 2013-08-06➕FAROOQ, Omer appointeddirector
- 2013-08-06➕BHATTI, Farooq Ahmad appointeddirector
- 2013-08-06➕OMER, Sumera appointeddirector
Owner dependency
83/100
Critical — business is the founderThe 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 60 — approaching natural succession window.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. 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
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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Omer Farooq Individual · British · DOB 09/1966 · age 60 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
Miss Nabiha Omer Individual · British · DOB 12/1996 · age 30 | — | — | sig. influencesignificant influence | 08/03/2024 |
1 historic (ceased) PSC
- Mr Omer Farooqceased 08/03/2024· 75-100% 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 →Similar companies
Active · Construction · SM postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A JAKU.ELECTRICS LIMITED→ 09803806 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AA BUILDING CONTRACTORS LTD→ 09629496 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABOVEBOARD AC LIMITED→ 12577487 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACA ALLIANCE PTY LTD→ 15388189 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACORN LODGE DEVELOPMENT LTD→ 16879694 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGW MECHANICAL LTD→ 12303111 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AHD INSTALLATIONS LTD→ 12445363 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AHERNS ROOFING LTD→ 17045245 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AI PROCONSTRUCT LTD→ 16496139 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIMA CONSTRUCTION LTD→ 14650820 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AITCHISON CONSTRUCTION LIMITED→ 13939276 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AJ CABLING CIVILS LTD→ 14871905 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2013-08-06
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings
Registered office
127 Windsor Avenue
Sutton
SM3 9RY
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-11-20
Last: 2025-11-06
Officers (1 active · 4 resigned)
FAROOQ, Omer→
Activedirector · ~60y · appointed 2013-08-06
View their other companies + combined net worth →
BHATTI, Farooq Ahmad→
Resigneddirector · ~92y · appointed 2013-08-06 · resigned 2014-07-26
OMER, Nabiha→
Resigneddirector · ~30y · appointed 2019-08-29 · resigned 2026-06-05
OMER, Sumera→
Resigneddirector · ~55y · appointed 2020-02-20 · resigned 2024-03-08
OMER, Sumera→
Resigneddirector · ~55y · appointed 2013-08-06 · resigned 2019-04-01
Click a director name to see their full track record across all companies.
Recent filings (49 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-06-05
change-person-director-company-with-change-date
officers · CH01
2026-04-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-12
change-person-director-company-with-change-date
officers · CH01
2026-04-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-01
change-person-director-company-with-change-date
officers · CH01
2024-12-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-31