AJS PERFORMANCE LIMITED

🏛️Establishedactive
11356136 · ltd · incorporated 2018-05-11
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 May 2024
Net worth
£1.5k
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed professional-services with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

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
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
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
Positive net assets
Net assets £1,486

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
Net Worth
£1k
Current Assets
£72k
Current Liabilities
£0£14k£29k£43k£58k£72kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Total assets£8.0k
Current assets£72.1k
Cash£2.6k
Debtors£69.5k
Net assets£1.5k

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 (20 events)Click to expand
  1. 2025-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-11-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2023-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-11-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2021-11-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2021-11-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-11-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2021-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-06-12
    📄
    memorandum-articles
    incorporation · MA
  13. 2020-06-12
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2020-05-13
    📄
    capital-allotment-shares
    capital · SH01
  15. 2019-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-09-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2019-09-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2019-05-11
    STEELE, Jessica appointed
    director
  19. 2018-05-11
    🏢
    Company incorporated
    As AJS PERFORMANCE LIMITED
  20. 2018-05-11
    STEELE, Alexander James appointed
    director

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +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 signal

Limited 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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-05-31

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Jessica Steele
Individual · British · DOB 05/1991 · age 35
2550%
25–50%board control25-50% shares · 25-50% voting · board control11/05/2019
Mr Alexander James Steele
Individual · British · DOB 09/1989 · age 37
2550%
25–50%board control25-50% shares · 25-50% voting · board control11/05/2018

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
Incorporated2018-05-11
Jurisdictionengland-wales
Primary SIC71129 — Other engineering activities

Registered office

4 Capricorn Centre
Cranes Farm Road
Basildon
SS14 3JJ
United Kingdom

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-12-09
Last: 2025-11-25

Officers (2 active · 0 resigned)

STEELE, Alexander James
director · ~37y · appointed 2018-05-11
View their other companies + combined net worth →
Active
STEELE, Jessica
director · ~35y · appointed 2019-05-11
View their other companies + combined net worth →
Active

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

Recent filings (29 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-17
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-25
change-person-director-company-with-change-date
officers · CH01
2021-11-25
change-person-director-company-with-change-date
officers · CH01
2021-11-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-12