ACE FINANCIAL HOLDINGS LTD

💤Zombieactive
11848296 · ltd · incorporated 2019-02-26
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
£57.2k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 73/100 (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: Cash flow review and working-capital discipline. Cash down -49% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 6.7y

30/100
under pressure

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

  • · Oldest live charge is 6.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £57,179
Very low cash
Cash position: £50
Cash draining
Cash down 49% YoY
Cash YoY
-49%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£50
↓ 49% YoY
Net Worth
£57k
↑ 1844% YoY
Current Assets
£293k
↑ 52% YoY
Current Liabilities
£0£59k£117k£176k£234k£293kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Total assets£102.9k£53.9k
Current assets£292.9k£193.2k
Cash£50£99
Debtors£292.6k£193.1k
Net assets£57.2k£2.9k

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
1
filing
  • 1 confirmation-statement
Last 180 days
5
filings
  • 2 confirmation-statement
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-04-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2026-02-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-05-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2025-05-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2025-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-10-31
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  9. 2023-08-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-02-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-07-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-07-04
    🔒
    Charge registered #4
    Lender: Shawbrook Bank Limited
  14. 2021-12-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2021-12-20
    🔒
    Charge registered #3
    Lender: Shawbrook Bank Limited
  16. 2021-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-08-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2021-08-19
    🔒
    Charge registered #2
    Lender: Shawbrook Bank Limited
  19. 2021-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-02-24
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  21. 2019-10-24
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  22. 2019-02-26
    🏢
    Company incorporated
    As ACE FINANCIAL HOLDINGS LTD
  23. 2019-02-26
    OJIYI, Grace Nwady appointed
    secretary
  24. 2019-02-26
    AJAEGBU, Chioma appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

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
Chioma Ajaegbu
Individual · British · DOB 01/1976 · age 50
75100%
75–100%75-100% shares · 75-100% voting26/02/2019

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

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
Incorporated2019-02-26
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

40 Highfield Road
Chislehurst
BR7 6QZ
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-06-22
Last: 2026-06-08

Officers (2 active · 0 resigned)

OJIYI, Grace Nwady
secretary · appointed 2019-02-26
View their other companies + combined net worth →
Active
AJAEGBU, Chioma
director · ~50y · appointed 2019-02-26
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property04/07/2022
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property20/12/2021
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property19/08/2021
outstanding
Together Money
Together Commercial Finance Limited
A registered charge2 properties24/10/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (28 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-08
change-person-director-company-with-change-date
officers · CH01
2026-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-16
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
gazette-notice-compulsory
gazette · GAZ1
2025-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-05
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2023-10-31
change-person-director-company-with-change-date
officers · CH01
2023-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-27