AVPS EXPRESS LTD

💤Zombieactive
11094528 · ltd · incorporated 2017-12-04
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 Dec 2024
Net worth
£-345.2k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
  • 41202Construction of domestic buildings
  • 69201Accounting and auditing activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), 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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: distressed disposal / insolvency (65/100).

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, 3 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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
33 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
Negative net assets
Liabilities exceed assets by £345,201
High leverage
Liabilities are 100% of total assets
Net assets shrinking
Down £488,083 YoY
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£345k
↓ 342% YoY
Current Assets
£751k
↓ 4.7% YoY
Current Liabilities
-£345k-£118k£108k£335k£562k£789kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£751.4k£788.7k
Current assets£751.4k£788.7k
Net assets£-345.2k£142.9k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-12-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-12-05
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  4. 2025-12-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-09-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-08-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2024-11-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-11-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-09-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-04-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2021-04-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-04-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2021-04-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2019-10-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-06-01
    SALABIN, Mihaela-Alina appointed
    director
  19. 2018-06-01
    LUPU, Paul-Alin resigned
    director
  20. 2017-12-04
    🏢
    Company incorporated
    As AVPS EXPRESS LTD
  21. 2017-12-04
    LUPU, Paul-Alin appointed
    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 ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-07-14

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Mihaela-Alina Salabin
Individual · Romanian · DOB 04/1983 · age 43
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/06/2018
1 historic (ceased) PSC
  • Mr Paul-Alin Lupuceased 01/06/2018· 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
Incorporated2017-12-04
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings

Registered office

18 Manor House Road
Glastonbury
BA6 9DF
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-14OVERDUE
Last: 2025-06-30

Officers (1 active · 1 resigned)

SALABIN, Mihaela-Alina
director · ~43y · appointed 2018-06-01
View their other companies + combined net worth →
Active
LUPU, Paul-Alin
director · ~35y · appointed 2017-12-04 · resigned 2018-06-01
Resigned

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

Recent filings (33 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-07
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-05
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-12-05
gazette-notice-compulsory
gazette · GAZ1
2025-12-02
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-07
gazette-notice-compulsory
gazette · GAZ1
2025-08-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-20