AJ SERVICES (WB) LTD

💤Zombieactive
13388685 · ltd · incorporated 2021-05-11
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
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Turnover
year to May 2024
Net worth
£0
book net assets
Opportunity
53/100
Worth a look
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What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 45/100. 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 (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (76/100)

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
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
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Net assets shrinking
Down £46 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£0
↓ 100% YoY
Current Assets
Current Liabilities
£0£9£18£28£37£46May 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Total assets£0£46
Current assets£46
Net assets£0£46

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 (7 events)Click to expand
  1. 2025-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-05-11
    🏢
    Company incorporated
    As AJ SERVICES (WB) LTD
  6. 2021-05-11
    SINGH, Amandeep appointed
    director
  7. 2021-05-11
    📄
    incorporation-company
    incorporation · NEWINC

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 5 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

2 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: 2026-02-28

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-24

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Amandeep Singh
Individual · Indian · DOB 07/1987 · age 39
75100%
75–100%board control75-100% shares · 75-100% voting · board control11/05/2021

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2021-05-11
Jurisdictionengland-wales
Primary SIC78109 — Other activities of employment placement agencies

Registered office

87a Grange Road
Smethwick
B66 4NG
England

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-05-24OVERDUE
Last: 2025-05-10

Officers (1 active · 0 resigned)

SINGH, Amandeep
director · ~39y · appointed 2021-05-11
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-19
incorporation-company
incorporation · NEWINC
2021-05-11