AJB PLASTERING (SW) LTD
🏛️Establishedactive
11289886 · ltd · incorporated 2018-04-04
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 Mar 2025
Net worth
£7.6k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Plastering
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £7,570
Net assets shrinking
Down £15,954 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£8k
↓ 68% YoY
Current Assets
£22k
↓ 47% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £12.0k | £30.3k |
| Current assets | £22.1k | £41.7k |
| Net assets | £7.6k | £23.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2026-03-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-08📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2019-09-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-04📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2019-02-05📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2018-04-05📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2018-04-05📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2018-04-05📍change-sail-address-company-with-new-addressaddress · AD02
- 2018-04-04🏢Company incorporatedAs AJB PLASTERING (SW) LTD
- 2018-04-04➕BUSCOMBE, Alexander Joseph appointeddirector
- 2018-04-04➕CAUSLEY, Kevin Paul appointeddirector
- 2018-04-04📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial 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.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Alexander Joseph Buscombe Individual · British · DOB 03/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 04/04/2018 |
Kevin Paul Causley Individual · British · DOB 10/1982 · age 44 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 04/04/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACONA LTD→ 10363939 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACR PLASTERING SW LTD→ 16936194 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AEGIS ROOFING CONTRACTORS LIMITED→ 10633200 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AFFORDABLE KITCHENS SOUTH WEST LIMITED→ 05355697 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| AGRICULTURAL & INDUSTRIAL ROOFING UK LTD→ 16696004 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJ WINDOWS AND GLASS LTD→ 14853001 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AJ'S HANDYMAN SERVICES LIMITED→ 06835632 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| AJM BUILDERS LTD→ 16691594 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJMG LTD.→ 04602204 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AK CARPENTRY AND BUILDING LTD→ 12767999 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AK ROOFING AND PROPERTY MAINTENANCE LIMITED→ 12414745 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AK.A ECOHOMES LIMITED→ 14202553 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2018-04-04
Jurisdictionengland-wales
Primary SIC43310 — Plastering
Registered office
Wessex House
Teign Road
Newton Abbot
Devon
TQ12 4AA
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03
Officers (2 active · 0 resigned)
BUSCOMBE, Alexander Joseph→
Activedirector · ~40y · appointed 2018-04-04
View their other companies + combined net worth →
CAUSLEY, Kevin Paul→
Activedirector · ~44y · appointed 2018-04-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (22 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-29
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-16
change-sail-address-company-with-old-address-new-address
address · AD02
2020-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-19