ACS (GULVAL) LIMITED
🌿Early-stageactive
13684215 · ltd · incorporated 2021-10-17
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£-135.1k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
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. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
2 live charges · oldest 4.0y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.0 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
16 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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £135,129
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£135k
↓ 175% YoY
Current Assets
£736k
↑ 51% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £-135.1k | £-49.1k |
| Current assets | £736.5k | £486.9k |
| Net assets | £-135.1k | £-49.1k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-05-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-05-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-12➕CREASE, Deborah appointeddirector
- 2025-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-05-30🔒Charge registered #2Lender: Peninsula Finance PLC
- 2022-05-30🔒Charge registered #1Lender: Peninsula Finance PLC
- 2021-10-17🏢Company incorporatedAs ACS (GULVAL) LIMITED
- 2021-10-17➕CREASE, Adam James William appointeddirector
- 2021-10-17📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Trythogga Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Trythogga Holdings Limited
Corporate parent · holds 75-100% shares
⬇
ACS (GULVAL) LIMITED
This company · 13684215
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Trythogga Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 12/05/2025 |
Mr Adam James William Crease Individual · British · DOB 06/1976 · age 50 | — | — | sig. influencesignificant influence | 17/10/2021 |
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 →Similar companies
Active · Construction · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3D LAND SURVEYS LTD→ 05887231 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 5 STAR MAINTENANCE (SOUTH WEST) LIMITED→ 05344766 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| A BRAY GENERAL BUILDER LIMITED→ 05549257 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| A CONSTRUCTION LIMITED→ 10775329 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A J FRANCIS BUILDING CONTRACTORS LTD→ 13278857 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A JOBE CONSTRUCTION LIMITED→ 08251792 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| A&J CORNWALL PROPERTIES LIMITED→ 13461587 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AARDVARK PLUMBING & HEATING LTD→ 14031786 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ABC SCAFFOLDING HIRE LIMITED→ 07322476 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ABDEL AZIZ HOLDING GROUP LIMITED→ 14533529 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADAM BUILDS SOUTH WEST LTD→ 15146029 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAM MASTERS GENERAL BUILDERS LTD→ 13913704 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2021-10-17
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
25 Trevarnon Lane
Connor Downs
Hayle
Cornwall
TR27 5DL
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-05-29
Last: 2025-05-15
Officers (2 active · 0 resigned)
CREASE, Adam James William→
Activedirector · ~50y · appointed 2021-10-17
View their other companies + combined net worth →
CREASE, Deborah→
Activedirector · ~49y · appointed 2025-05-12
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Peninsula Finance Peninsula Finance PLC | A registered charge | 2 properties | 30/05/2022 | — | |
| outstanding | Peninsula Finance Peninsula Finance PLC | A registered charge | 2 properties | 30/05/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (16 total)
appoint-person-director-company-with-name-date
officers · AP01
2025-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-06