AIR CLIMATE CONDITIONING LIMITED

💤Zombieactive
11600698 · ltd · incorporated 2018-10-02
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
Upgrade to see
Turnover
year to Sept 2024
Net worth
£13.0k
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (77/100)

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
6 officers (1 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
77
Few red 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 £12,977

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£13k
↑ 140% YoY
Current Assets
£136k
↑ 150% YoY
Current Liabilities
-£33k£1k£35k£69k£102k£136kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-292023-09-29
Total assets£18.2k£-30.5k
Current assets£136.2k£54.5k
Net assets£13.0k£-32.6k

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 (33 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-08-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-08-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-07-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-07-29
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-07-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-07-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2025-07-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2025-06-30
    DALE, Sandra resigned
    secretary
  10. 2025-06-30
    DALE, Sandra resigned
    director
  11. 2025-06-30
    DALE, Steven resigned
    director
  12. 2024-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2024-09-30
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  14. 2023-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2022-07-20
    DALE, Sandra appointed
    director
  17. 2022-07-20
    DALE, Steven appointed
    director
  18. 2022-07-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2022-07-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2022-07-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2022-07-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2022-07-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2022-06-21
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  24. 2022-05-31
    DALE, Sandra resigned
    director
  25. 2022-05-31
    DALE, Steven resigned
    director
  26. 2022-05-30
    SPENCER, Jack William appointed
    director
  27. 2022-02-22
    📄
    resolution
    resolution · RESOLUTIONS
  28. 2022-02-22
    📄
    memorandum-articles
    incorporation · MA
  29. 2022-02-22
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  30. 2018-10-02
    🏢
    Company incorporated
    As AIR CLIMATE CONDITIONING LIMITED
  31. 2018-10-02
    DALE, Sandra appointed
    secretary
  32. 2018-10-02
    DALE, Sandra appointed
    director
  33. 2018-10-02
    DALE, Steven 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 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: DALE, Sandra resigned 2025-06-30; DALE, Sandra resigned 2025-06-30; DALE, Steven resigned 2025-06-30

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jack William Spencer
Individual · British · DOB 09/1992 · age 34
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/06/2025
2 historic (ceased) PSCs
  • Mr Steven Daleceased 30/06/2025· 50-75% shares · 50-75% voting
  • Spring Farm Properties And Agriculture Limitedceased 18/10/2019· 75-100% shares · 75-100% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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14448758 · est 2022 · no financials extracted
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11921326 · est 2019 · no financials extracted
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14643610 · est 2023 · no financials extracted
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12442424 · est 2020 · no financials extracted
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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
Incorporated2018-10-02
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

Tower House
Lucy Tower Street
Lincoln
Lincolnshire
LN1 1XW
United Kingdom

Filing status

Accounts
Next due: 2026-06-29
Last made up to: 2024-09-29
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08

Officers (1 active · 5 resigned)

SPENCER, Jack William
director · ~34y · appointed 2022-05-30
View their other companies + combined net worth →
Active
DALE, Sandra
secretary · appointed 2018-10-02 · resigned 2025-06-30
Resigned
DALE, Sandra
director · ~62y · appointed 2022-07-20 · resigned 2025-06-30
Resigned
DALE, Sandra
director · ~62y · appointed 2018-10-02 · resigned 2022-05-31
Resigned
DALE, Steven
director · ~64y · appointed 2022-07-20 · resigned 2025-06-30
Resigned
DALE, Steven
director · ~64y · appointed 2018-10-02 · resigned 2022-05-31
Resigned

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

Recent filings (40 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-28
gazette-notice-compulsory
gazette · GAZ1
2025-08-26
termination-director-company-with-name-termination-date
officers · TM01
2025-07-29
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-29
termination-director-company-with-name-termination-date
officers · TM01
2025-07-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-07-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-20
change-account-reference-date-company-current-shortened
accounts · AA01
2024-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-23