AJS-REES DEVELOPMENTS LIMITED
🏛️Establishedactive
11755329 · ltd · incorporated 2019-01-08
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£330.1k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (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 -80% 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 7.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
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, 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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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 · accounting standard not declaredPositive net assets
Net assets £330,095
Net assets shrinking
Down £18,036 YoY
Cash draining
Cash down 80% YoY
Cash YoY
-80%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£10k
↓ 80% YoY
Net Worth
£330k
↓ 5.2% YoY
Current Assets
£32k
↓ 77% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £453.4k | £440.6k |
| Current assets | £32.1k | £140.6k |
| Cash | £10.3k | £50.3k |
| Debtors | £21.9k | £90.3k |
| Net assets | £330.1k | £348.1k |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-02-01➕SHAW, Lorna appointeddirector
- 2021-02-01➖STARTIN, John Francis resigneddirector
- 2020-12-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-12-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-12-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-12-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-18➖SAMMANS, Steven John Rhys resigneddirector
- 2020-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-08📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-06-18📄change-person-director-company-with-change-dateofficers · CH01
- 2020-06-18📄change-person-director-company-with-change-dateofficers · CH01
- 2020-06-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-06-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-05-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-05-10🔒Charge registered #1Lender: Andrew John Startin
- 2019-01-08🏢Company incorporatedAs AJS-REES DEVELOPMENTS LIMITED
- 2019-01-08➕STARTIN, Andrew John appointeddirector
- 2019-01-08➕SAMMANS, Steven John Rhys appointeddirector
- 2019-01-08➕STARTIN, John Francis appointeddirector
Owner dependency
66/100
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.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- 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
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Gwen Mary Jayne Startin Individual · British · DOB 09/2000 · age 26 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/12/2020 |
Miss Lorna Shaw Individual · British · DOB 01/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/12/2020 |
Mr Andrew John Startin Individual · British · DOB 04/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 08/01/2019 |
1 historic (ceased) PSC
- Mr Steven John Rhys Sammansceased 18/12/2020· 25-50% shares · 25-50% voting
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
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
Incorporated2019-01-08
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
14a Market Place
Uttoxeter
Staffordshire
ST14 8HP
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-01-21
Last: 2026-01-07
Officers (2 active · 2 resigned)
Active
STARTIN, Andrew John→
Activedirector · ~63y · appointed 2019-01-08
View their other companies + combined net worth →
SAMMANS, Steven John Rhys→
Resigneddirector · ~50y · appointed 2019-01-08 · resigned 2020-12-18
STARTIN, John Francis→
Resigneddirector · ~35y · appointed 2019-01-08 · resigned 2021-02-01
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Andrew John Startin | A registered charge | 1 property | 10/05/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (26 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-27
termination-director-company-with-name-termination-date
officers · TM01
2021-02-22
appoint-person-director-company-with-name-date
officers · AP01
2021-02-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-12-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-12-29