AJG CONSTRUCTION MIDLANDS LTD

💤Zombieactive
09060464 · ltd · incorporated 2014-05-28
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 Jun 2025
Net worth
£2.5k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 74/100 (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 -102% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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
Confirmed no charges registered
85
Directors & officers
12 officers (1 active, 12 linked, 12 with DOB)
90
Ownership & PSC
1 active PSC(s) of 7 total, 7 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £2,458
Very low cash
Cash position: £-259
Net assets shrinking
Down £28,180 YoY
Cash draining
Cash down 102% YoY
Cash YoY
-102%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
-£259
↓ 102% YoY
Net Worth
£2k
↓ 92% YoY
Current Assets
£207k
↑ 38% YoY
Current Liabilities
-£259£41k£83k£124k£165k£207kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£28.3k£67.5k
Current assets£206.8k£149.6k
Cash£-259£13.9k
Debtors£95.6k£89.5k
Net assets£2.5k£30.6k

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
5
filings
  • 2 persons-with-significant-control
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-01-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2026-01-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-01-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2026-01-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-12-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-11-21
    GIBBONS, Caroline Elizabeth appointed
    director
  8. 2025-11-21
    GIBBONS, Caroline resigned
    director
  9. 2025-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-11-11
    GIBBONS, Caroline appointed
    director
  11. 2024-11-11
    GIBBONS, Mark Anthony resigned
    director
  12. 2024-11-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2024-11-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-08-29
    GIBBONS, Caroline Elizabeth resigned
    director
  15. 2024-08-29
    GIBBONS, Mark Anthony appointed
    director
  16. 2024-08-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2024-08-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2024-01-22
    GIBBONS, Caroline Elizabeth appointed
    director
  20. 2024-01-22
    GIBBONS, Mark Anthony resigned
    director
  21. 2024-01-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  22. 2024-01-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2024-01-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2024-01-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2023-04-25
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  26. 2023-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2022-08-30
    GIBBONS, Caroline resigned
    director
  28. 2022-08-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2022-07-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  30. 2021-12-13
    GIBBONS, Mark Anthony appointed
    director
  31. 2021-07-05
    GIBBONS, Caroline appointed
    director
  32. 2021-07-05
    GIBBONS, Mark Anthony resigned
    director
  33. 2019-09-27
    HOLFORD, Zak resigned
    director
  34. 2019-08-08
    GIBBONS, Caroline Elizabeth resigned
    director
  35. 2019-07-26
    GIBBONS, Caroline Elizabeth appointed
    director
  36. 2019-07-04
    ASHTON, Patrick resigned
    director
  37. 2019-07-01
    HOLFORD, Zak appointed
    director
  38. 2019-06-24
    GIBBONS, Mark Anthony appointed
    director
  39. 2019-06-23
    ASHTON, Patrick appointed
    director
  40. 2019-06-23
    GIBBONS, Caroline resigned
    director
  41. 2019-03-01
    GIBBONS, Alexander James resigned
    director
  42. 2014-05-28
    🏢
    Company incorporated
    As AJG CONSTRUCTION MIDLANDS LTD
  43. 2014-05-28
    GIBBONS, Alexander James appointed
    director
  44. 2014-05-28
    GIBBONS, Caroline appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material 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 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.

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
Mrs Caroline Elizabeth Gibbons
Individual · British · DOB 07/1980 · age 46
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/11/2025
6 historic (ceased) PSCs
  • Mrs Caroline Elizabeth Gibbonsceased 21/11/2025· 75-100% shares
  • Mr Mark Anthony Gibbonsceased 22/01/2024· 75-100% shares
  • Mrs Caroline Elizabeth Gibbonsceased 12/12/2021· 75-100% shares
  • Mr Mark Anthony Gibbonsceased 05/06/2021· 75-100% shares
  • Mrs Caroline Elizabeth Gibbonsceased 23/06/2019· 75-100% shares
  • Mr Alexander James Gibbonsceased 01/03/2019· 25-50% shares

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
Incorporated2014-05-28
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

39 High Street
Orpington
BR6 0JE
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-05
Last: 2025-11-21

Officers (1 active · 11 resigned)

GIBBONS, Caroline Elizabeth
director · ~46y · appointed 2025-11-21
View their other companies + combined net worth →
Active
ASHTON, Patrick
director · ~33y · appointed 2019-06-23 · resigned 2019-07-04
Resigned
GIBBONS, Alexander James
director · ~41y · appointed 2014-05-28 · resigned 2019-03-01
Resigned
GIBBONS, Caroline
director · ~46y · appointed 2024-11-11 · resigned 2025-11-21
Resigned
GIBBONS, Caroline Elizabeth
director · ~46y · appointed 2024-01-22 · resigned 2024-08-29
Resigned
GIBBONS, Caroline
director · ~46y · appointed 2021-07-05 · resigned 2022-08-30
Resigned
GIBBONS, Caroline Elizabeth
director · ~46y · appointed 2019-07-26 · resigned 2019-08-08
Resigned
GIBBONS, Caroline
director · ~46y · appointed 2014-05-28 · resigned 2019-06-23
Resigned
GIBBONS, Mark Anthony
director · ~65y · appointed 2024-08-29 · resigned 2024-11-11
Resigned
GIBBONS, Mark Anthony
director · ~65y · appointed 2021-12-13 · resigned 2024-01-22
Resigned
GIBBONS, Mark Anthony
director · ~65y · appointed 2019-06-24 · resigned 2021-07-05
Resigned
HOLFORD, Zak
director · ~34y · appointed 2019-07-01 · resigned 2019-09-27
Resigned

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

Recent filings (73 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-15
appoint-person-director-company-with-name-date
officers · AP01
2026-01-15
termination-director-company-with-name-termination-date
officers · TM01
2026-01-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-21
appoint-person-director-company-with-name-date
officers · AP01
2024-11-11
termination-director-company-with-name-termination-date
officers · TM01
2024-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-24
termination-director-company-with-name-termination-date
officers · TM01
2024-08-29
appoint-person-director-company-with-name-date
officers · AP01
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-23