ANCEC LIMITED
🌿Early-stageactive
15102591 · ltd · incorporated 2023-08-29
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 Aug 2024
Net worth
£7.4k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 47741
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47782SIC 47782
Investor take
PursueAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (64/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
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 £7,411
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£7k
Current Assets
£7k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 |
|---|---|
| Total assets | £35.5k |
| Current assets | £6.8k |
| Net assets | £7.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
- 2026-05-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-08-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-07-29📄gazette-notice-compulsorygazette · GAZ1
- 2025-07-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-29🏢Company incorporatedAs ANCEC LIMITED
- 2023-08-29➕ARMSTRONG, David Edwin appointeddirector
- 2023-08-29➕ARMSTRONG, Gareth Thomas appointeddirector
- 2023-08-29➕ARMSTRONG, Patrica Alson appointeddirector
- 2023-08-29➕ARMSTRONG, Richard John appointeddirector
- 2023-08-29📄incorporation-companyincorporation · NEWINC
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.8 years old — management layer unlikely to be developed.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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 · Retail · NP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ASH'S CONVENIENCE STORE LTD→ 10897878 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ASHANTI LTD→ 14660296 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ASHLEEN & SONIYA LTD→ 16381153 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASP CREATIVE CRAFTS LTD→ 16513233 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASPIRE TRADING LTD→ 11170183 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ASTADOST AND COMPANY UK LIMITED→ 13168689 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ATOZ DEALS LTD→ 15165069 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ATS RENDERING SUPPLIES LTD→ 17075924 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AUBIN THOMPSON LTD→ 15152051 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AVONDALE SERVICE STATION LTD→ 06341151 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AWAYDAYZ LTD→ 14288401 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AWESOME PAWSOME PET SUPPLIES LTD→ 14922495 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2023-08-29
Jurisdictionwales
Primary SIC47741 — SIC 47741
Registered office
30 Friars Walk
John Frost Square
Newport
NP20 1DR
Wales
Filing status
Accounts
Next due: 2026-08-30
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-11
Last: 2025-08-28
Officers (4 active · 0 resigned)
ARMSTRONG, David Edwin→
Activedirector · ~66y · appointed 2023-08-29
View their other companies + combined net worth →
ARMSTRONG, Gareth Thomas→
Activedirector · ~43y · appointed 2023-08-29
View their other companies + combined net worth →
ARMSTRONG, Patrica Alson→
Activedirector · ~68y · appointed 2023-08-29
View their other companies + combined net worth →
ARMSTRONG, Richard John→
Activedirector · ~46y · appointed 2023-08-29
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (8 total)
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-12
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-30
gazette-notice-compulsory
gazette · GAZ1
2025-07-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
incorporation-company
incorporation · NEWINC
2023-08-29