AJS DEVELOPMENTS (GREENFIELD HOUSE) LTD

🌿Early-stageactive
13815734 · ltd · incorporated 2021-12-23
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.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
£171.2k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -35% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 3.5y

20/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~3.5 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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
50
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 102
Positive net assets
Net assets £171,218
Net assets shrinking
Down £6,921 YoY
Cash YoY
-35%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↓ 35% YoY
Net Worth
£171k
↓ 3.9% YoY
Current Assets
£7k
↓ 35% YoY
Current Liabilities
£0£36k£71k£107k£143k£178kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Total assets£1.00M£1.01M
Current assets£6.9k£10.6k
Cash£6.9k£10.6k
Net assets£171.2k£178.1k

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-02-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-06-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-07-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-02-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-02-21
    🔓
    Charge satisfied #1
  6. 2023-11-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2023-11-21
    🔒
    Charge registered #2
    Lender: Keystone Property Finance Limited
  8. 2023-03-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2023-01-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2023-01-31
    🔒
    Charge registered #1
    Lender: Lendinvest Security Trustees Limited
  11. 2022-12-20
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  12. 2021-12-23
    🏢
    Company incorporated
    As AJS DEVELOPMENTS (GREENFIELD HOUSE) LTD
  13. 2021-12-23
    CLANCY, Andrew James appointed
    director
  14. 2021-12-23
    HENDY, Jonathan Keith appointed
    director
  15. 2021-12-23
    SPURWAY, Samuel Harold Patrick appointed
    director
  16. 2021-12-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Jonathan Keith Hendy
Individual · British · DOB 12/1980 · age 46
2550%
25–50%board control25-50% shares · 25-50% voting · board control23/12/2021
Mr Andrew James Clancy
Individual · British · DOB 01/1987 · age 39
2550%
25–50%board control25-50% shares · 25-50% voting · board control23/12/2021
Mr Samuel Harold Patrick Spurway
Individual · British · DOB 03/1987 · age 39
2550%
25–50%board control25-50% shares · 25-50% voting · board control23/12/2021

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.

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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
Incorporated2021-12-23
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Winslade Manor Winslade Park
Manor Drive
Exeter
EX5 1FY
United Kingdom

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-06-28
Last: 2026-06-14

Officers (3 active · 0 resigned)

CLANCY, Andrew James
director · ~39y · appointed 2021-12-23
View their other companies + combined net worth →
Active
HENDY, Jonathan Keith
director · ~46y · appointed 2021-12-23
View their other companies + combined net worth →
Active
SPURWAY, Samuel Harold Patrick
director · ~39y · appointed 2021-12-23
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Keystone Property Finance
Keystone Property Finance Limited
A registered charge1 property21/11/2023
satisfied
LendInvest
Lendinvest Security Trustees Limited
A registered charge1 property31/01/202321/02/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-24
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-14
accounts-with-accounts-type-dormant
accounts · AA
2023-03-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
certificate-change-of-name-company
change-of-name · CERTNM
2022-12-20
incorporation-company
incorporation · NEWINC
2021-12-23