AJJO LTD

🌿Early-stageactive
14703937 · ltd · incorporated 2023-03-03
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 Mar 2025
Net worth
£-2.9k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

2 live charges · oldest 2.9y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 2.9 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
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
3 connected companies via shared directors
54
Filing history
9 filings
60
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
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 105 (micro)
Negative net assets
Liabilities exceed assets by £2,870
Net assets shrinking
Down £3,004 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£3k
↓ 2242% YoY
Current Assets
-£26k
↓ 1907% YoY
Current Liabilities
-£26k-£21k-£15k-£10k-£4k£1kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-2.9k£134
Current assets£-26.1k£1.4k
Net assets£-2.9k£134

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-04-04
    🔒
    Charge registered #2
    Lender: The Mortgage Works (UK) PLC
  4. 2024-12-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-03-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-08-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2023-08-21
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  8. 2023-03-03
    🏢
    Company incorporated
    As AJJO LTD
  9. 2023-03-03
    DAVIES, Robert Lance appointed
    director
  10. 2023-03-03
    FARRELL, Ashley James appointed
    director
  11. 2023-03-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited 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

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Robert Lance Davies
Individual · British · DOB 02/1984 · age 42
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/03/2023
Mr Ashley James Farrell
Individual · British · DOB 03/1986 · age 40
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/03/2023

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 →

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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
Incorporated2023-03-03
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

24 Glanrhyd Road
Swansea
SA9 1AU
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-16
Last: 2026-03-02

Officers (2 active · 0 resigned)

DAVIES, Robert Lance
director · ~42y · appointed 2023-03-03
View their other companies + combined net worth →
Active
FARRELL, Ashley James
director · ~40y · appointed 2023-03-03
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
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property04/04/2025
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property21/08/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (9 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-23
change-person-director-company-with-change-date
officers · CH01
2024-03-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-21
incorporation-company
incorporation · NEWINC
2023-03-03