APRIL CONSTRUCT LIMITED

💤Zombieactive
10149722 · ltd · incorporated 2016-04-27
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 Aug 2024
Net worth
£325
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (76/100)

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
9 officers (1 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
55
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 £325
Net assets shrinking
Down £633 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£325
↓ 66% YoY
Current Assets
Current Liabilities
£0£192£383£575£766£958Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£325£958
Net assets£325£958

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
8
filings
  • 2 confirmation-statement
  • 2 persons-with-significant-control
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-02-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-02-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-02-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2026-02-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2026-02-10
    PENESCU, Cosmin-Sorin appointed
    director
  6. 2026-02-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2026-02-09
    SALABIN, Georgeta resigned
    director
  8. 2026-02-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2025-07-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  10. 2025-06-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2024-11-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2024-10-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2024-10-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2024-08-06
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  15. 2024-07-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2024-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2024-03-19
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  18. 2024-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2024-03-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2023-08-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  21. 2023-06-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  22. 2022-06-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  23. 2022-06-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  24. 2018-04-05
    SALABIN, Mihaela-Alina resigned
    secretary
  25. 2017-04-14
    SALABIN, Mihaela-Alina appointed
    secretary
  26. 2017-04-14
    OFFICE SECRETARY LTD resigned
    corporate-secretary
  27. 2017-04-06
    SALABIN, Georgeta appointed
    director
  28. 2017-04-05
    MORARU, Flavius resigned
    director
  29. 2017-02-01
    DINU, Cristian resigned
    director
  30. 2017-02-01
    MORARU, Flavius appointed
    director
  31. 2016-05-05
    DINU, Cristian appointed
    director
  32. 2016-05-05
    MARCULESCU, Alin resigned
    director
  33. 2016-04-29
    OFFICE SECRETARY LTD appointed
    corporate-secretary
  34. 2016-04-29
    GAROAFA, Gheorghe resigned
    director
  35. 2016-04-29
    MARCULESCU, Alin appointed
    director
  36. 2016-04-29
    OFFICE SECRETARY LTD resigned
    corporate-director
  37. 2016-04-27
    🏢
    Company incorporated
    As APRIL CONSTRUCT LIMITED
  38. 2016-04-27
    GAROAFA, Gheorghe appointed
    director
  39. 2016-04-27
    OFFICE SECRETARY LTD appointed
    corporate-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

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: 2026-05-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Cosmin-Sorin Penescu
Individual · Romanian · DOB 05/1986 · age 40
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/02/2026
2 historic (ceased) PSCs
  • Miss Georgeta Salabinceased 09/02/2026· 75-100% shares · 75-100% voting · board control
  • Mr Flavius Moraruceased 05/04/2017· 75-100% shares · 75-100% voting · board control

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 →
🔒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
Incorporated2016-04-27
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

18 Manor House Road
Glastonbury
BA6 9DF
England

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-04-20
Last: 2026-04-06

Officers (1 active · 8 resigned)

PENESCU, Cosmin-Sorin
director · ~40y · appointed 2026-02-10
View their other companies + combined net worth →
Active
SALABIN, Mihaela-Alina
secretary · appointed 2017-04-14 · resigned 2018-04-05
Resigned
OFFICE SECRETARY LTD
corporate-secretary · appointed 2016-04-29 · resigned 2017-04-14
Resigned
DINU, Cristian
director · ~48y · appointed 2016-05-05 · resigned 2017-02-01
Resigned
GAROAFA, Gheorghe
director · ~60y · appointed 2016-04-27 · resigned 2016-04-29
Resigned
MARCULESCU, Alin
director · ~51y · appointed 2016-04-29 · resigned 2016-05-05
Resigned
MORARU, Flavius
director · ~53y · appointed 2017-02-01 · resigned 2017-04-05
Resigned
SALABIN, Georgeta
director · ~63y · appointed 2017-04-06 · resigned 2026-02-09
Resigned
OFFICE SECRETARY LTD
corporate-director · appointed 2016-04-27 · resigned 2016-04-29
Resigned

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

Recent filings (65 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-13
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-18
termination-director-company-with-name-termination-date
officers · TM01
2026-02-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-18
appoint-person-director-company-with-name-date
officers · AP01
2026-02-18
gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-09
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-07-15
gazette-notice-compulsory
gazette · GAZ1
2025-06-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-29
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-15
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-08-06