AAC GROUP PROJECTS LTD

🏛️Establishedactive
10379424 · ltd · incorporated 2016-09-16
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 Jul 2025
Net worth
£12.3k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. 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 -89% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (82/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £12,308
Net assets shrinking
Down £1,158 YoY
Cash draining
Cash down 89% YoY
Cash YoY
-89%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£990
↓ 89% YoY
Net Worth
£12k
↓ 8.6% YoY
Current Assets
£171k
↓ 4.7% YoY
Current Liabilities
£0£36k£72k£108k£144k£179kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Total assets£12.3k£13.5k
Current assets£171.0k£179.4k
Cash£990£9.3k
Debtors£165.3k£165.3k
Net assets£12.3k£13.5k

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-08
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2025-02-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-04-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-12-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-12-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-02-22
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2022-02-18
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2022-02-18
    📄
    memorandum-articles
    incorporation · MA
  15. 2022-02-18
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2022-02-14
    📄
    capital-allotment-shares
    capital · SH01
  17. 2022-02-14
    📄
    capital-allotment-shares
    capital · SH01
  18. 2021-10-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2021-03-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  20. 2020-07-01
    SMITH, Michelle appointed
    director
  21. 2020-04-10
    SMITH, Terry Alan resigned
    director
  22. 2016-09-16
    🏢
    Company incorporated
    As AAC GROUP PROJECTS LTD
  23. 2016-09-16
    WITHERS, Gary Mark appointed
    director
  24. 2016-09-16
    SMITH, Terry Alan appointed
    director

Owner dependency

66/100
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 63 — approaching natural succession window.

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 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-10-08: certificate-change-of-name-company

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Michelle Smith
Individual · British · DOB 03/1966 · age 60
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/09/2021
Mr Gary Mark Withers
Individual · British · DOB 10/1963 · age 63
2550%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence16/09/2016

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 →

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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
Incorporated2016-09-16
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

Office 16, 206 New Road
Croxley Green
Rickmansworth
WD3 3HH
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-02-22
Last: 2026-02-08

Officers (2 active · 1 resigned)

SMITH, Michelle
director · ~60y · appointed 2020-07-01
View their other companies + combined net worth →
Active
WITHERS, Gary Mark
director · ~63y · appointed 2016-09-16
View their other companies + combined net worth →
Active
SMITH, Terry Alan
director · ~65y · appointed 2016-09-16 · resigned 2020-04-10
Resigned

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

Recent filings (41 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-27
certificate-change-of-name-company
change-of-name · CERTNM
2025-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-22
change-person-director-company-with-change-date
officers · CH01
2022-12-22
change-person-director-company-with-change-date
officers · CH01
2022-12-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-16