ADMIRAL PROJECTS (CONSTRUCTION) LTD
💤Zombieactive
09514467 · ltd · incorporated 2015-03-27
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
72/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 4.9y
5/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.9 years — mid-life; refi window approaching.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)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
6 charges (6/6 with lender, 6/6 with type)
90
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
5 connected companies via shared directors
60
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-02🔓Charge satisfied #4
- 2023-08-02🔓Charge satisfied #3
- 2023-07-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-28🔒Charge registered #6Lender: Gfs 1 LTD
- 2023-07-28🔒Charge registered #5Lender: Gfs 1 LTD
- 2023-07-25📄resolutionresolution · RESOLUTIONS
- 2023-07-15📄memorandum-articlesincorporation · MA
- 2023-07-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-04🔓Charge satisfied #2
- 2023-07-04🔓Charge satisfied #1
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-31🔒Charge registered #4Lender: Romaco Spv 3 Limited
- 2022-10-31🔒Charge registered #3Lender: Romaco Spv 3 Limited
- 2021-08-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-06-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-06-18🔒Charge registered #2Lender: Romaco Spv 7 Limited
- 2021-06-18🔒Charge registered #1Lender: Romaco Spv 7 Limited
- 2021-03-26📄change-person-director-company-with-change-dateofficers · CH01
- 2015-03-27🏢Company incorporatedAs ADMIRAL PROJECTS (CONSTRUCTION) LTD
- 2015-03-27➕TITLEY, Mark John appointeddirector
Owner dependency
80/100
Critical — business is the founderThe 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
50/100
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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Titley Individual · British · DOB 06/1986 · age 40 | 75–100% | — | 75-100% shares | 31/07/2016 |
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 · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J P HOMES LIMITED→ 05072124 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| A K P BUILDING SERVICES LIMITED→ 10604765 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AAC POWER SOLUTIONS LIMITED→ 06740223 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ABBEY ELECTRICAL (SCARBOROUGH) LIMITED→ 09784885 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABSCAFF (SELBY) LIMITED→ 07803748 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ADAM STRINGER JOINERY AND BUILDING LIMITED→ 09582813 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADL ELECTRICAL (YORKSHIRE) LTD→ 09829005 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANCED ELECTRICAL SERVICES YORK LTD→ 07242892 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ADVANCED PAVING AND CONSTRUCTION LTD→ 10337176 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADVANCED ROOFING CONTRACTORS LTD→ 14649546 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANTAGE SAFETY LTD→ 09302942 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AEC SOLAR DIVISION LTD→ 15425197 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2015-03-27
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
20b Church Street
Bubwith
Selby
YO8 6LW
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-10
Last: 2026-03-27
Officers (1 active · 0 resigned)
TITLEY, Mark John→
Activedirector · ~40y · appointed 2015-03-27
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Gfs 1 Gfs 1 LTD | A registered charge | 1 property | 28/07/2023 | — | |
| outstanding | Gfs 1 Gfs 1 LTD | A registered charge | — | 28/07/2023 | — | |
| satisfied | Romaco Spv 3 Romaco Spv 3 Limited | A registered charge | 1 property | 31/10/2022 | 02/08/2023 | |
| satisfied | Romaco Spv 3 Romaco Spv 3 Limited | A registered charge | 1 property | 31/10/2022 | 02/08/2023 | |
| satisfied | Romaco Spv 7 Romaco Spv 7 Limited | A registered charge | 1 property | 18/06/2021 | 04/07/2023 | |
| satisfied | Romaco Spv 7 Romaco Spv 7 Limited | A registered charge | 1 property | 18/06/2021 | 04/07/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (43 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-13
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-02
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-31
resolution
resolution · RESOLUTIONS
2023-07-25
memorandum-articles
incorporation · MA
2023-07-15
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-04
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11