AD BUILDING & GROUNDWORKS LIMITED

💤Zombieactive
09252993 · ltd · incorporated 2014-10-07
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 Mar 2025
Net worth
£-854
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (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: distressed disposal / insolvency (65/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £854
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£100
~ YoY
Net Worth
-£854
↓ 39% YoY
Current Assets
£15k
~ YoY
Current Liabilities
-£854£2k£5k£9k£12k£15kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£12.1k£12.3k
Current assets£14.9k£14.9k
Cash£100£100
Debtors£14.8k£14.8k
Net assets£-854£-614

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
3
filings
  • 2 persons-with-significant-control
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-03-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-03-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-03-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-05-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2019-05-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2018-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-07-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2014-10-07
    🏢
    Company incorporated
    As AD BUILDING & GROUNDWORKS LIMITED
  17. 2014-10-07
    DOWN, Aareon 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 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
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.
  • 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 Aareon Down
Individual · British · DOB 01/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

Similar companies

Active · Construction · SS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A HANDYMAN LIMITED
11349973 · est 2018 · no financials extracted
7y
A I E INDUSTRIAL ENGINEERING LIMITED
11342998 · est 2018 · no financials extracted
7y
ADJUSTIT LIMITED
16912213 · est 2025 · no financials extracted
ADVANCED ENGINEERING SUPPORT SERVICES LTD
05210724 · est 2004 · no financials extracted
21y
ADVANCED FACILITIES MANAGEMENT LTD
15704970 · est 2024 · no financials extracted
1y
ADVANCED TECH LIMITED
07787985 · est 2011 · no financials extracted
14y
ADVANCED THERMAL SERVICES LTD
15218136 · est 2023 · no financials extracted
2y
ADVANCED TILING LIMITED
09771592 · est 2015 · no financials extracted
10y
AEGIS 2024 LTD
15262147 · est 2023 · no financials extracted
2y
AEL CARPENTRY LTD
09239083 · est 2014 · no financials extracted
11y
AEM CONTRACTS LTD
07446020 · est 2010 · no financials extracted
15y
AES ESSEX LTD
09466308 · est 2015 · no financials extracted
11y
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
Incorporated2014-10-07
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-19
Last: 2025-10-05

Officers (1 active · 0 resigned)

DOWN, Aareon
director · ~50y · appointed 2014-10-07
View their other companies + combined net worth →
Active

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

Recent filings (30 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-23
change-person-director-company-with-change-date
officers · CH01
2026-03-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-12