ACET CIRCULAR SOLUTIONS LTD

⚰️Wound downliquidation
13486998 · ltd · incorporated 2021-07-01
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to Jul 2024
Net worth
book net assets
Opportunity
37/100
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What this business does
Primary activity: Specialised cleaning services
Sector: Administrative & support services
ALSO REGISTERED FOR
  • 82920Packaging activities
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 37/100 (watch), bankability 40/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

1 live charge · oldest 0.7y

30/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 0.7 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

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
1 charges (1/1 with lender, 1/1 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
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
37/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
31
Multiple red flags — proceed with caution.
Signal strength
100
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£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Average employees23001600

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
0
filings
Last 90 days
1
filing
  • 1 insolvency
Last 180 days
2
filings
  • 1 insolvency
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-06-01
    ⚠️
    liquidation-compulsory-winding-up-order
    insolvency · COCOMP
  2. 2026-02-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-02-12
    🔓
    Charge satisfied #1
  4. 2025-10-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-10-21
    🔒
    Charge registered #1
    Lender: Optimum Sme Finance Limited
  6. 2025-07-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-07-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-06-03
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2025-06-03
    📄
    memorandum-articles
    incorporation · MA
  10. 2025-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-09-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2024-08-12
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2024-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2023-10-09
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2023-01-07
    📄
    memorandum-articles
    incorporation · MA
  16. 2023-01-07
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2023-01-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-10-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2022-07-14
    📄
    second-filing-capital-allotment-shares
    capital · RP04SH01
  20. 2022-07-14
    📄
    capital-allotment-shares
    capital · SH01
  21. 2022-04-17
    📄
    capital-allotment-shares
    capital · SH01
  22. 2022-04-17
    📄
    capital-allotment-shares
    capital · SH01
  23. 2022-04-04
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2021-07-01
    🏢
    Company incorporated
    As ACET CIRCULAR SOLUTIONS LTD
  25. 2021-07-01
    KENNEDY, Matthew James appointed
    director

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

3 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: 2026-04-30

Company in liquidation
high

Company is actively being wound up. Not a going concern.

1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-06-01: liquidation-compulsory-winding-up-order

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Matthew James Kennedy
Individual · British · DOB 12/1990 · age 36
75100%
75-100% shares01/07/2021

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 →
🔒Tailored diligence questions

12 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

Statusliquidation
Typeltd
Incorporated2021-07-01
Jurisdictionengland-wales
Primary SIC81222 — Specialised cleaning services

Registered office

Units 6-9 Hardwick Road
Astmoor Industrial Estate
Runcorn
WA7 1PH
England

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (1 active · 0 resigned)

KENNEDY, Matthew James
director · ~36y · appointed 2021-07-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Optimum Sme Finance
Optimum Sme Finance Limited
A registered charge2 properties21/10/202512/02/2026

Recent filings (31 total)

liquidation-compulsory-winding-up-order
insolvency · COCOMP
2026-06-01
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-01
change-person-director-company-with-change-date
officers · CH01
2025-07-01
resolution
resolution · RESOLUTIONS
2025-06-03
memorandum-articles
incorporation · MA
2025-06-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-26
resolution
resolution · RESOLUTIONS
2024-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-29
resolution
resolution · RESOLUTIONS
2023-10-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-10