AQA CONTRACTING LTD

💤Zombieactive
11204529 · ltd · incorporated 2018-02-14
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 Feb 2025
Net worth
£319
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Activities of other membership organisations n.e.c.
Sector: Other service activities
Investor take
Special-situation opportunity
Distressed other with salvageable qualities — special-situations priority.

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: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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
3 officers (1 active, 3 linked, 3 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
30 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 · FRS 102
Positive net assets
Net assets £319

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£319
↑ 480% YoY
Current Assets
£3k
↑ 7.8% YoY
Current Liabilities
£0£611£1k£2k£2k£3kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£319£55
Current assets£3.1k£2.8k
Cash£592
Debtors£3.1k£2.2k
Net assets£319£55

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 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-05-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-05-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-06-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2020-06-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2020-06-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-04-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-04-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-02-15
    MURUGESAN, Swathimala appointed
    director
  14. 2019-02-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2019-02-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2019-02-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2019-02-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2019-02-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2019-02-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2019-02-10
    COWIE, George resigned
    director
  21. 2019-02-05
    PERUMAL, Chinnasamy resigned
    director
  22. 2018-10-15
    COWIE, George appointed
    director
  23. 2018-02-14
    🏢
    Company incorporated
    As AQA CONTRACTING LTD
  24. 2018-02-14
    PERUMAL, Chinnasamy 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: 2026-02-20

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Swathimala Murugesan
Individual · Indian · DOB 05/1996 · age 30
75100%
75–100%75-100% shares · 75-100% voting15/02/2019
1 historic (ceased) PSC
  • Mr Chinnasamy Perumalceased 05/02/2019· 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

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
Incorporated2018-02-14
Jurisdictionengland-wales
Primary SIC94990 — Activities of other membership organisations n.e.c.

Registered office

The Business Centre
81 Skipper Way
St. Neots
PE19 6LT
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-02-20OVERDUE
Last: 2025-02-06

Officers (1 active · 2 resigned)

MURUGESAN, Swathimala
director · ~30y · appointed 2019-02-15
View their other companies + combined net worth →
Active
COWIE, George
director · ~68y · appointed 2018-10-15 · resigned 2019-02-10
Resigned
PERUMAL, Chinnasamy
director · ~29y · appointed 2018-02-14 · resigned 2019-02-05
Resigned

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

Recent filings (30 total)

gazette-notice-compulsory
gazette · GAZ1
2026-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-12
change-person-director-company-with-change-date
officers · CH01
2020-06-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-06-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-06-02