AJM PROPERTY MANAGEMENT LTD
💤Zombieactive
12816231 · ltd · incorporated 2020-08-16
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 Aug 2025
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 98000Residents property management
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 5.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
25 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
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Average employees | 100 | 100 |
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
1
filing
- • 1 accounts
Last 180 days
7
filings
- • 6 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-06🔒Charge registered #6Lender: Ms Lending Spv 3 Limited
- 2026-02-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-18🔓Charge satisfied #5
- 2026-02-18🔓Charge satisfied #4
- 2026-02-18🔓Charge satisfied #3
- 2026-02-18🔓Charge satisfied #2
- 2026-02-18🔓Charge satisfied #1
- 2025-11-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-11-04📄gazette-notice-compulsorygazette · GAZ1
- 2025-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-26🔒Charge registered #5Lender: Together Commercial Finance Limited
- 2021-10-26🔒Charge registered #4Lender: Together Commercial Finance Limited
- 2021-10-26🔒Charge registered #3Lender: Together Commercial Finance Limited
- 2021-10-26🔒Charge registered #2Lender: Together Commercial Finance Limited
- 2021-08-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-01-07🔒Charge registered #1Lender: Social Money Limited
- 2020-08-16🏢Company incorporatedAs AJM PROPERTY MANAGEMENT LTD
- 2020-08-16➕MERRICKS, Alex James appointeddirector
- 2020-08-16📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
Critical — business is the founderThe 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 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
45/100
Moderate signalSome 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 ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alex James Merricks Individual · British · DOB 06/1991 · age 35 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 16/08/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · WA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AFLO LIMITED→ 15312278 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AIC INTEGRATED SYSTEMS LIMITED→ 07898250 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| AIDO INVESTMENTS LIMITED→ 10527731 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AJEL CONSTRUCTION LIMITED→ 11931186 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AJPE LIMITED→ 08967811 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ALAMCO PROJECTS LTD→ 06145590 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ALAN'S GAS SERVICES LTD→ 07866210 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ALBERT SQUARE ESTATES LTD→ 10424001 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALBITAS INVESTMENTS LTD→ 16529001 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALEKSO FLOOR COATINGS LTD→ 16327026 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALEXANDER SITE ENGINEERING LIMITED→ 10446347 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALFIE & CO BUILDING LIMITED→ 15571049 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2020-08-16
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
296 Clipsley Lane
Haydock
St. Helens
WA11 0JQ
England
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-29
Last: 2025-08-15
Officers (1 active · 0 resigned)
MERRICKS, Alex James→
Activedirector · ~35y · appointed 2020-08-16
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
1
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ms Lending Spv 3 Ms Lending Spv 3 Limited | A registered charge | 1 property | 06/03/2026 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 26/10/2021 | 18/02/2026 | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 26/10/2021 | 18/02/2026 | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 26/10/2021 | 18/02/2026 | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | — | 26/10/2021 | 18/02/2026 | |
| satisfied | Social Money Social Money Limited | A registered charge | 1 property | 07/01/2021 | 18/02/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-11
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-18
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-18
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-18
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-18
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-18
gazette-filings-brought-up-to-date
gazette · DISS40
2025-11-05
gazette-notice-compulsory
gazette · GAZ1
2025-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-27