ADVANCED JOINERY GROUP LIMITED

💤Zombieactive
09426668 · ltd · incorporated 2015-02-06
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
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Turnover
year to Feb 2024
Net worth
£65.7k
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: Manufacture of other builders' carpentry and joinery
Sector: Manufacturing
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 63/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: medium (78/100)

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
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
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £65,684

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£66k
↑ 10% YoY
Current Assets
£5k
↓ 84% YoY
Current Liabilities
£0£13k£26k£39k£53k£66kFeb 2023Feb 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-02-282023-02-28
Total assets£44.0k£28.4k
Current assets£5.3k£33.6k
Net assets£65.7k£59.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
3
filings
  • 2 gazette
  • 1 confirmation-statement
Last 90 days
3
filings
  • 2 gazette
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-05-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-05-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-05-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-05-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2023-04-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-03-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-12-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2018-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-06-09
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  15. 2018-05-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2017-10-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2015-02-06
    🏢
    Company incorporated
    As ADVANCED JOINERY GROUP LIMITED
  18. 2015-02-06
    CRITCHLOW, Stuart 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 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stuart Critchlow
Individual · British · DOB 03/1977 · age 49
75100%
75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2015-02-06
Jurisdictionengland-wales
Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

34 Kingsway
Sunniside
Newcastle-Upon-Tyne
Tyne & Wear
NE16 5NW
England

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-02-28
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06

Officers (1 active · 0 resigned)

CRITCHLOW, Stuart
director · ~49y · appointed 2015-02-06
View their other companies + combined net worth →
Active

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

Recent filings (29 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-05-20
gazette-notice-compulsory
gazette · GAZ1
2026-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-05-11
gazette-notice-compulsory
gazette · GAZ1
2023-04-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-24