AC BUILDING SERVICES LIMITED

💤Zombieactive
09352166 · ltd · incorporated 2014-12-12
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
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 35300
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 85/100. 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

1 live charge · oldest 5.5y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 5.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
34 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 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
Average employees7800

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
1
filing
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 mortgage
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-03-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-03-11
    🔓
    Charge satisfied #1
  3. 2025-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-01-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-01-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-01-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-12-31
    CUTLER, Darren Stuart resigned
    director
  8. 2024-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-09-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-10-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-01-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-01-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-01-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-11-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2020-10-28
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  17. 2020-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-02-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2014-12-12
    🏢
    Company incorporated
    As AC BUILDING SERVICES LIMITED
  21. 2014-12-12
    CUTLER-WILLETTS, Alex Darren appointed
    director
  22. 2014-12-12
    CUTLER, Darren Stuart 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

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 Alex Darren Cutler-Willetts
Individual · British · DOB 02/1991 · age 35
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Darren Stuart Cutlerceased 31/12/2024· 25-50% shares · 25-50% 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 →

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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
Incorporated2014-12-12
Jurisdictionengland-wales
Primary SIC35300 — SIC 35300

Registered office

Unit 6 Hollywood Trading Estate
Dark Lane
Birmingham
B47 5BN
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-15
Last: 2026-04-01

Officers (1 active · 1 resigned)

CUTLER-WILLETTS, Alex Darren
director · ~35y · appointed 2014-12-12
View their other companies + combined net worth →
Active
CUTLER, Darren Stuart
director · ~61y · appointed 2014-12-12 · resigned 2024-12-31
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Barclays
Barclays Security Trustee Limited
A registered charge28/10/202011/03/2026

Recent filings (34 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-01
termination-director-company-with-name-termination-date
officers · TM01
2025-01-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-12