ACETECH ENGINEERING LIMITED

🏛️Establishedactive
12655707 · ltd · incorporated 2020-06-09
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100).

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 (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
11 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
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
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£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-05-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-03-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2022-10-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-02-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2021-08-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2020-06-09
    🏢
    Company incorporated
    As ACETECH ENGINEERING LIMITED
  7. 2020-06-09
    DOUGLAS, Andrew Stephen appointed
    director
  8. 2020-06-09
    DOUGLAS, Joshua John appointed
    director
  9. 2020-06-09
    WELLS, Jonathan Frank appointed
    director
  10. 2020-06-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Andrew Stephen Douglas
Individual · British · DOB 02/1966 · age 60
5075%
50-75% shares09/06/2020

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated2020-06-09
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Suite 2, Avenue House
High Street
Hull
HU1 1NQ
England

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-22
Last: 2025-06-08

Officers (3 active · 0 resigned)

DOUGLAS, Andrew Stephen
director · ~60y · appointed 2020-06-09
View their other companies + combined net worth →
Active
DOUGLAS, Joshua John
director · ~33y · appointed 2020-06-09
View their other companies + combined net worth →
Active
WELLS, Jonathan Frank
director · ~69y · appointed 2020-06-09
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-dormant
accounts · AA
2025-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
accounts-with-accounts-type-dormant
accounts · AA
2024-03-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-12
accounts-with-accounts-type-dormant
accounts · AA
2022-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-02-14
accounts-with-accounts-type-dormant
accounts · AA
2021-08-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-03
incorporation-company
incorporation · NEWINC
2020-06-09