AC GROUP PROJECTS LTD

🏛️Establishedactive
10300008 · ltd · incorporated 2016-07-28
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
£369.2k
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
ALSO REGISTERED FOR
  • 43210Electrical installation
  • 43220Plumbing, heat and air-conditioning installation
  • 43290Other construction installation
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 70/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -64% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 8.3y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £369,176
Cash draining
Cash down 64% YoY
Cash YoY
-64%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↓ 64% YoY
Net Worth
£369k
↑ 8.9% YoY
Current Assets
£1.1m
↓ 32% YoY
Current Liabilities
£0£317k£634k£951k£1.3m£1.6mSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Total assets£490.1k£509.4k
Current assets£1.08M£1.59M
Cash£4.9k£13.7k
Debtors£1.08M£1.57M
Net assets£369.2k£338.9k

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

🔒Filing-note intelligence

3 signals 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 mortgage
Last 180 days
2
filings
  • 1 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-03-26
    🔒
    Charge registered #2
    Lender: 4SYTE LTD
  3. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-05-02
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  5. 2025-04-16
    📄
    capital-allotment-shares
    capital · SH01
  6. 2025-04-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-12-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-03-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-02-22
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2020-06-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2020-06-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2020-05-12
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  16. 2020-04-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-08-20
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  19. 2018-01-05
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  20. 2017-09-01
    MEDWAY, Adam appointed
    director
  21. 2017-01-04
    BAKER, Sandra appointed
    director
  22. 2017-01-04
    JONES, Christopher Paul resigned
    director
  23. 2016-07-28
    🏢
    Company incorporated
    As AC GROUP PROJECTS LTD
  24. 2016-07-28
    JONES, Christopher Paul appointed
    director

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-30

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Adam Medway
Individual · British · DOB 08/1973 · age 53
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/01/2019
1 historic (ceased) PSC
  • Mrs Sandra Bakerceased 23/01/2019· 75-100% shares

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2016-07-28
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Hanover Buildings
11-13 Hanover Street
Liverpool
Merseyside
L1 3DN
United Kingdom

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-04-30OVERDUE
Last: 2025-04-16

Officers (2 active · 1 resigned)

BAKER, Sandra
director · ~73y · appointed 2017-01-04
View their other companies + combined net worth →
Active
MEDWAY, Adam
director · ~53y · appointed 2017-09-01
View their other companies + combined net worth →
Active
JONES, Christopher Paul
director · ~50y · appointed 2016-07-28 · resigned 2017-01-04
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
4SYTE
4SYTE LTD
A registered charge1 property26/03/2026
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge05/01/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (38 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-05-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-16
capital-allotment-shares
capital · SH01
2025-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-25