18 DEGREES AIR CONDITIONING LTD
- · Thesis: well-run, low negotiation leverage
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 change-of-name
- • 1 address
- • 1 change-of-name
- • 1 address
- • 1 confirmation-statement
Corporate timeline (18 events)Click to expand
- 2026-03-30✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2026-03-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-11-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-10-31📄resolutionresolution · RESOLUTIONS
- 2018-09-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-07-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-03-21➕EVANS, Louise appointeddirector
- 2017-03-21📄capital-allotment-sharescapital · SH01
- 2017-03-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-02-11🏢Company incorporatedAs 18 DEGREES AIR CONDITIONING LTD
- 2016-02-11➕EVANS, Mark appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2026-03-30: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Evans Individual · British · DOB 12/1988 · age 38 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · SM postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A. C. PLANT LIMITED→ 05451959 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| A1 GROUP (LONDON) LTD→ 12435365 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| A1 HEATING & PLUMBING (LONDON) LTD→ 11802259 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| A1 WINDOW CONSTRUCTION LTD→ 13335555 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A2B SCAFFOLDING ACCESS LTD→ 13851125 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| A2ONE SOLUTIONS LTD→ 11527332 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A3 LONDON ENGINEERING LTD→ 12676947 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A4 DESIGN STRUCTURAL ENGINEERS LTD→ 07176066 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| A4Y-2010 LTD→ 14424561 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AA BUILDING CONTRACTORS LTD→ 09629496 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AABLE ELECTRICAL LIMITED→ 04170279 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| AB RC CONSTRUCTION LTD→ 12467848 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
6 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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.