AES PAYROLL SERVICES LTD
💤Zombieactive
08833847 · ltd · incorporated 2014-01-07
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 Oct 2024
Net worth
£69.0k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Human resources provision and management of human resources functions
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 75/100 (strong), bankability 65/100. 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 (58/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 8.1y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (71/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 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
Network not yet resolved
30
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £69,028
Very low cash
Cash position: £1
Key financials
1 year extracted from filed iXBRL accountsCash
£1
Net Worth
£69k
Current Assets
£631k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-24 |
|---|---|
| Total assets | £328.0k |
| Current assets | £630.9k |
| Cash | £1 |
| Debtors | £630.9k |
| Net assets | £69.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (28 events)Click to expand
- 2025-10-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-06-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-30🔒Charge registered #4Lender: Interbay Funding LTD
- 2025-05-30🔒Charge registered #3Lender: Interbay Funding LTD
- 2025-02-27➖CURSIO, Georgia resigneddirector
- 2025-02-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-26📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-10-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-10-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-28📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2021-07-05📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-10-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-05-01➕CURSIO, John appointeddirector
- 2019-10-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-05-24🔒Charge registered #2Lender: National Westminster Bank PLC
- 2018-05-10🔒Charge registered #1Lender: National Westminster Bank PLC
- 2017-10-19➕CURSIO, Georgia appointeddirector
- 2017-10-19➖CURSIO, John Anthony resigneddirector
- 2014-01-07🏢Company incorporatedAs AES PAYROLL SERVICES LTD
- 2014-01-07➕CURSIO, John Anthony appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome 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.
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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Anthony Cursio Individual · British · DOB 01/1976 · age 50 | — | — | sig. influencesignificant influence | 30/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Professional services · SA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & L PAYROLL LTD→ 15998365 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A L JAMES ENGINEERING LTD→ 11559959 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AFON HOLDINGS LIMITED→ 05041070 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| AGRIMACHINE RENTALS LTD→ 16809679 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AHALIA SEELAN CONSULTANCY LTD→ 16787610 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIZELAX LIMITED→ 15657875 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AJB PRECISION LIMITED→ 09132389 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AJD ACCOUNTANTS LIMITED→ 08970428 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| AJS CONSULTING SERVICES LIMITED→ 10245550 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALAN HARTSHORN LTD→ 12523851 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALAN JAMES A'I FEIBION CYF→ 07155518 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ALBERT JAMES SERVICES LIMITED→ 12562885 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2014-01-07
Jurisdictionengland-wales
Primary SIC78300 — Human resources provision and management of human resources functions
Registered office
8 Axis Court Mallard Way
Riverside Business Park
Swansea
SA7 0AJ
Wales
Filing status
Accounts
Next due: 2026-07-23
Last made up to: 2024-10-24
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20
Officers (1 active · 2 resigned)
CURSIO, John→
Activedirector · ~50y · appointed 2020-05-01
View their other companies + combined net worth →
CURSIO, Georgia→
Resigneddirector · ~47y · appointed 2017-10-19 · resigned 2025-02-27
CURSIO, John Anthony→
Resigneddirector · ~50y · appointed 2014-01-07 · resigned 2017-10-19
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | InterBay Interbay Funding LTD | A registered charge | 1 property | 30/05/2025 | — | |
| outstanding | InterBay Interbay Funding LTD | A registered charge | 1 property | 30/05/2025 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 24/05/2018 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 10/05/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (49 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-07-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-27
termination-director-company-with-name-termination-date
officers · TM01
2025-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-24
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-25
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-07-20