AJT DEVELOPMENTS LIMITED

💤Zombieactive
10469237 · ltd · incorporated 2016-11-08
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
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Turnover
year to Nov 2024
Net worth
£163.1k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 £163,121

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£163k
↑ 6.3% YoY
Current Assets
£189k
↓ 1.3% YoY
Current Liabilities
£0£38k£77k£115k£153k£191kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-11-302023-11-30
Total assets£163.1k£153.5k
Current assets£189.0k£191.5k
Cash£107.2k
Debtors£84.3k
Net assets£163.1k£153.5k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-06-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-06-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2021-06-11
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2020-06-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2019-06-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2018-08-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2016-11-08
    🏢
    Company incorporated
    As AJT DEVELOPMENTS LIMITED
  10. 2016-11-08
    TOMS, Andrew John appointed
    director
  11. 2016-11-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew John Toms
Individual · British · DOB 02/1963 · age 63
75100%
75–100%75-100% shares · 75-100% voting08/11/2016

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

7 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
Incorporated2016-11-08
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

Orchard Cottage
Hewaswater
St Austell
Cornwall
PL26 7JF
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-21
Last: 2025-11-07

Officers (1 active · 0 resigned)

TOMS, Andrew John
director · ~63y · appointed 2016-11-08
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-09