AJS CONSTRUCT LTD

💤Zombieactive
12539907 · ltd · incorporated 2020-03-31
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 Mar 2026
Net worth
£796.7k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Other specialised construction activities n.e.c.
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: high (82/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
22 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 · FRS 102
Positive net assets
Net assets £796,733
Cash YoY
+208%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£455k
↑ 208% YoY
Net Worth
£797k
↑ 3.0% YoY
Current Assets
£1.4m
↑ 8.1% YoY
Current Liabilities
£0£271k£541k£812k£1.1m£1.4mMar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-03-312025-03-31
Total assets£910.2k£938.5k
Current assets£1.35M£1.25M
Cash£455.2k£147.9k
Debtors£862.9k£1.08M
Net assets£796.7k£773.2k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-11-14
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-11-14
    📄
    memorandum-articles
    incorporation · MA
  5. 2024-09-09
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2024-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-06-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-06-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2020-12-15
    📄
    capital-allotment-shares
    capital · SH01
  12. 2020-08-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2020-08-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2020-07-30
    WAKE, Julie resigned
    director
  15. 2020-05-21
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2020-04-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2020-03-31
    🏢
    Company incorporated
    As AJS CONSTRUCT LTD
  18. 2020-03-31
    WAKE, Adam Robert appointed
    director
  19. 2020-03-31
    WAKE, Julie appointed
    director
  20. 2020-03-31
    📄
    incorporation-company
    incorporation · NEWINC

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 ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-09-09: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Adam Robert Wake
Individual · British · DOB 04/1979 · age 47
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/03/2020

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

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
Incorporated2020-03-31
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

Ajs House Units 11 & 12 Baldock Industrial Estate
London Road
Baldock
Hertfordshire
SG7 6NG

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01

Officers (1 active · 1 resigned)

WAKE, Adam Robert
director · ~47y · appointed 2020-03-31
View their other companies + combined net worth →
Active
WAKE, Julie
director · ~48y · appointed 2020-03-31 · resigned 2020-07-30
Resigned

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

Recent filings (22 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-15
resolution
resolution · RESOLUTIONS
2025-11-14
memorandum-articles
incorporation · MA
2025-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-01
certificate-change-of-name-company
change-of-name · CERTNM
2024-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-02
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-02