22 DUCTWORK SERVICES LTD
🌿Early-stageactive
13751040 · ltd · incorporated 2021-11-18
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£3.6k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (79/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £3,617
Cash YoY
+104%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£20k
↑ 104% YoY
Net Worth
£4k
↑ 1152% YoY
Current Assets
£47k
↑ 205% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £3.6k | £289 |
| Current assets | £47.4k | £15.5k |
| Cash | £19.7k | £9.6k |
| Debtors | £27.7k | £5.9k |
| Net assets | £3.6k | £289 |
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
2
filings
- • 1 officers
- • 1 address
Last 90 days
3
filings
- • 1 officers
- • 1 address
- • 1 confirmation-statement
Last 180 days
5
filings
- • 2 officers
- • 1 address
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2026-04-01📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-27➕TURNER, Stephanie Jayne appointeddirector
- 2023-08-07📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2023-06-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-01📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-10-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-11-18🏢Company incorporatedAs 22 DUCTWORK SERVICES LTD
- 2021-11-18➕TURNER, Daniel Peter appointeddirector
- 2021-11-18📄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.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Daniel Peter Turner Individual · British · DOB 05/1986 · age 40 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/11/2021 |
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 · Professional services · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 01 ALPHATECH SYSTEMS LIMITED→ 09868899 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 1 DIGITAL-SHELF LTD→ 16417389 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1 OF 1 CONSULTANCY LTD→ 16963869 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 103 VENTURES LTD→ 14563612 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 104 IMPACT PARTNERS LTD→ 16344386 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 11 ARCHER SECURITY GROUP LTD→ 16889190 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 11HA LTD→ 16901676 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 121.COLLECTIVE LTD→ 11690109 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 15/16 SS LIMITED→ 16706245 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 17 DEGREES SOUTH LTD→ 14736653 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 17 ENERGY LIMITED→ 15356238 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 187 ACCOUNTANTS LTD→ 16191411 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2021-11-18
Jurisdictionengland-wales
Primary SIC71129 — Other engineering activities
Registered office
66 Paul Street
London
EC2A 4NA
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14
Officers (2 active · 0 resigned)
TURNER, Daniel Peter→
Activedirector · ~40y · appointed 2021-11-18
View their other companies + combined net worth →
TURNER, Stephanie Jayne→
Activedirector · ~38y · appointed 2024-02-27
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (17 total)
change-person-director-company-with-change-date
officers · CH01
2026-04-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
change-person-director-company-with-change-date
officers · CH01
2025-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
appoint-person-director-company-with-name-date
officers · AP01
2024-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2023-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-05
change-account-reference-date-company-current-extended
accounts · AA01
2023-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-05