A AND C E DEVELOPMENTS LTD

🏛️Establishedactive
10188398 · ltd · incorporated 2016-05-19
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£94.2k
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (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 (73/100).

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £94,240
Net assets shrinking
Down £42,074 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£94k
↓ 31% YoY
Current Assets
£302k
↓ 1.8% YoY
Current Liabilities
£0£62k£123k£185k£246k£308kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£94.2k£136.3k
Current assets£302.1k£307.8k
Net assets£94.2k£136.3k

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-03-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-05-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2019-05-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2019-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-02-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-03-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2016-05-19
    🏢
    Company incorporated
    As A AND C E DEVELOPMENTS LTD
  14. 2016-05-19
    ELLITHORN, Alan appointed
    director
  15. 2016-05-19
    ELLITHORN, Colette Elaine appointed
    director
  16. 2016-05-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

79/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +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

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Alan Ellithorn
Individual · British · DOB 02/1962 · age 64
2550%
25-50% shares19/05/2016
Colette Elaine Ellithorn
Individual · British · DOB 11/1963 · age 63
2550%
25-50% shares19/05/2016

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

Similar companies

Active · Construction · PR postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
3 ROOMS INSTALLATION SPECIALISTS LTD
11452066 · est 2018 · no financials extracted
7y
4VENTURES DEVELOPMENT COMPANY LTD
13130103 · est 2021 · no financials extracted
5y
5IVE CONSULTING LTD
15409364 · est 2024 · no financials extracted
2y
A & B CIVILS LIMITED
12283352 · est 2019 · no financials extracted
6y
A BIRCH ELECTRICS LTD
14461358 · est 2022 · no financials extracted
3y
A1 ALL CLEAR LTD.
03822841 · est 1999 · no financials extracted
26y
A1 SEALANTS NORTH WEST LIMITED
11963727 · est 2019 · no financials extracted
6y
A1 TILING LTD
12571536 · est 2020 · no financials extracted
5y
A4DABUILD LIMITED
09136656 · est 2014 · no financials extracted
11y
AAS CABLING SOLUTIONS LIMITED
15992684 · est 2024 · no financials extracted
1y
AAS INVENTORY LIMITED
12760336 · est 2020 · no financials extracted
5y
AB & SON GROUNDWORKS LTD
13558451 · est 2021 · no financials extracted
4y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2016-05-19
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Pop Hall Farm Bay Horse Lane
Catforth
Preston
PR4 0HN
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-01
Last: 2025-05-18

Officers (2 active · 0 resigned)

ELLITHORN, Alan
director · ~64y · appointed 2016-05-19
View their other companies + combined net worth →
Active
ELLITHORN, Colette Elaine
director · ~63y · appointed 2016-05-19
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-20
change-person-director-company-with-change-date
officers · CH01
2019-05-17