ACQUESTRA (NW6) LTD

💤Zombieactive
11350499 · ltd · incorporated 2018-05-08
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 May 2025
Net worth
£-55.5k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 70100Activities of head offices
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 80/100. 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 -50% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 7.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £55,492
Cash draining
Cash down 50% YoY
Cash YoY
-50%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£218
↓ 50% YoY
Net Worth
-£55k
↓ 102% YoY
Current Assets
£174k
↑ 2.9% YoY
Current Liabilities
-£55k-£10k£36k£82k£128k£174kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£-55.5k£-27.5k
Current assets£173.9k£169.1k
Cash£218£440
Debtors£173.7k£168.7k
Net assets£-55.5k£-27.5k

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
3
filings
  • 1 accounts
  • 1 confirmation-statement
  • 1 gazette
Last 90 days
4
filings
  • 2 gazette
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
4
filings
  • 2 gazette
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-05-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-02-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-12-13
    📄
    administrative-restoration-company
    restoration · RT01
  8. 2023-10-17
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  9. 2023-08-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2022-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-08-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2021-08-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-08-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2019-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-07-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2019-07-02
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  17. 2019-06-22
    PORTCH, Philip Aaron appointed
    director
  18. 2019-06-22
    LADBROOK, Philip resigned
    director
  19. 2019-06-22
    ACUMEN (LDN) resigned
    corporate-director
  20. 2019-01-05
    ACUMEN (LDN) appointed
    corporate-director
  21. 2018-10-17
    🔒
    Charge registered #1
    Lender: Ultimate Bridging Finance Limited
  22. 2018-05-08
    🏢
    Company incorporated
    As ACQUESTRA (NW6) LTD
  23. 2018-05-08
    LADBROOK, Philip appointed
    director

Owner dependency

83/100
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 62 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • 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 Philip Aaron Portch
Individual · British · DOB 07/1964 · age 62
75100%
75-100% shares22/06/2019

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
Incorporated2018-05-08
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Berkley Manor
Willow Street
Accrington
Lancashire
BB5 1LP
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-06-01
Last: 2026-05-18

Officers (1 active · 2 resigned)

PORTCH, Philip Aaron
director · ~62y · appointed 2019-06-22
View their other companies + combined net worth →
Active
LADBROOK, Philip
director · ~41y · appointed 2018-05-08 · resigned 2019-06-22
Resigned
ACUMEN (LDN)
corporate-director · appointed 2019-01-05 · resigned 2019-06-22
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Ultimate Bridging Finance
Ultimate Bridging Finance Limited
A registered charge1 property17/10/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (33 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-18
gazette-filings-brought-up-to-date
gazette · DISS40
2026-05-12
gazette-notice-compulsory
gazette · GAZ1
2026-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-13
administrative-restoration-company
restoration · RT01
2023-12-13
gazette-dissolved-compulsory
gazette · GAZ2
2023-10-17
gazette-notice-compulsory
gazette · GAZ1
2023-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-27