AT SPECIAL PROJECTS LTD

💤Zombieactive
12581252 · ltd · incorporated 2020-05-01
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 May 2025
Net worth
£-8.2k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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: distressed disposal / insolvency (65/100).

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
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 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
Opportunity Score
72/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £8,176
Cash YoY
+13%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£606
↑ 13% YoY
Net Worth
-£8k
↓ 16% YoY
Current Assets
£906
↑ 42% YoY
Current Liabilities
-£8k-£6k-£5k-£3k-£910£906May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£-8.2k£-7.0k
Current assets£906£636
Cash£606£536
Debtors£300£100
Net assets£-8.2k£-7.0k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-02-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-03-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-03-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-03-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-11-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2023-11-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2023-11-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-11-15
    PATTERSON, Jordan Joseph resigned
    director
  12. 2023-05-10
    TAYLOR, George Adam appointed
    director
  13. 2023-05-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2022-12-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2022-08-01
    TAYLOR, Ethan Adam resigned
    director
  16. 2022-08-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2022-07-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2022-07-27
    PATTERSON, Jordan Joseph appointed
    director
  19. 2022-01-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2022-01-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  21. 2022-01-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2022-01-02
    TAYLOR, Ethan Adam appointed
    director
  23. 2021-11-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2021-11-24
    MORRIS, Stephen resigned
    director
  25. 2020-05-01
    🏢
    Company incorporated
    As AT SPECIAL PROJECTS LTD
  26. 2020-05-01
    MORRIS, Stephen 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

A T Contracting & Plant Hire Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
A T Contracting & Plant Hire Ltd
Corporate parent · holds 75-100% shares
ultimate parent
AT SPECIAL PROJECTS LTD
This company · 12581252

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
A T Contracting & Plant Hire Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting15/11/2023
2 historic (ceased) PSCs
  • Ate Farms Limitedceased 15/11/2023· 75-100% shares
  • Mr Stephen Morrisceased 24/11/2021· 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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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
Incorporated2020-05-01
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000

Registered office

Moorbarns House
Moorbarns Lane
Lutterworth
Leicestershire
LE17 4JD
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (1 active · 3 resigned)

TAYLOR, George Adam
director · ~48y · appointed 2023-05-10
View their other companies + combined net worth →
Active
MORRIS, Stephen
director · ~36y · appointed 2020-05-01 · resigned 2021-11-24
Resigned
PATTERSON, Jordan Joseph
director · ~31y · appointed 2022-07-27 · resigned 2023-11-15
Resigned
TAYLOR, Ethan Adam
director · ~27y · appointed 2022-01-02 · resigned 2022-08-01
Resigned

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

Recent filings (28 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-03-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-27
change-person-director-company-with-change-date
officers · CH01
2025-03-27
change-person-director-company-with-change-date
officers · CH01
2025-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-11-17
termination-director-company-with-name-termination-date
officers · TM01
2023-11-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-10
appoint-person-director-company-with-name-date
officers · AP01
2023-05-10