AAG ELECTRICAL BUILDING SERVICES LTD

💤Zombieactive
11749902 · ltd · incorporated 2019-01-04
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 Feb 2025
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), 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 (73/100).

Data confidence

Overall: high (80/100)

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

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 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 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
Average employees00

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
1
filing
  • 1 dissolution
Last 90 days
2
filings
  • 1 dissolution
  • 1 gazette
Last 180 days
3
filings
  • 1 dissolution
  • 1 gazette
  • 1 address
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-05-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2026-04-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2026-02-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-08-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2025-08-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2025-08-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2025-08-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2025-05-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2025-05-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2023-06-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  11. 2023-05-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2023-02-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-11-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-06-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2021-06-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2021-03-08
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  17. 2021-02-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2020-11-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2020-11-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2020-11-01
    GRUNDY, Ronald Michael appointed
    director
  21. 2020-11-01
    GRUNDY, Alexander Michael appointed
    director
  22. 2020-11-01
    GRUNDY, Alexander Michael resigned
    director
  23. 2020-11-01
    GRUNDY, Alison Leigh resigned
    director
  24. 2019-01-04
    🏢
    Company incorporated
    As AAG ELECTRICAL BUILDING SERVICES LTD
  25. 2019-01-04
    GRUNDY, Alison Leigh 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

1 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-12-10

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ronald Michael Grundy
Individual · British · DOB 04/1964 · age 62
75100%
75–100%75-100% shares · 75-100% voting01/11/2020
2 historic (ceased) PSCs
  • Mr Alexander Michael Grundyceased 01/11/2020· 75-100% shares · 75-100% voting
  • Mrs Alison Leigh Grundyceased 01/11/2020· 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.

🔒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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12613725 · est 2020 · no financials extracted
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16656913 · est 2025 · no financials extracted
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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
Incorporated2019-01-04
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

169 Newton Drive
Blackpool
FY3 8ND
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2025-12-10OVERDUE
Last: 2024-11-26

Officers (1 active · 2 resigned)

GRUNDY, Ronald Michael
director · ~62y · appointed 2020-11-01
View their other companies + combined net worth →
Active
GRUNDY, Alexander Michael
director · ~36y · appointed 2020-11-01 · resigned 2020-11-01
Resigned
GRUNDY, Alison Leigh
director · ~64y · appointed 2019-01-04 · resigned 2020-11-01
Resigned

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

Recent filings (36 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-05-15
gazette-notice-compulsory
gazette · GAZ1
2026-04-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-16
accounts-with-accounts-type-dormant
accounts · AA
2025-08-12
accounts-with-accounts-type-dormant
accounts · AA
2025-08-12
accounts-with-accounts-type-dormant
accounts · AA
2025-08-12
accounts-with-accounts-type-dormant
accounts · AA
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-28
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-27
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-06-10
gazette-notice-compulsory
gazette · GAZ1
2023-05-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-09