21 CARPENTRY LIMITED
🌿Early-stageactive
15169628 · ltd · incorporated 2023-09-27
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 Sept 2024
Net worth
£6.9k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Joinery installation
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (70/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £6,885
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£7k
Current Assets
£13k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 |
|---|---|
| Total assets | £46.9k |
| Current assets | £13.4k |
| Net assets | £6.9k |
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 address
Last 90 days
1
filing
- • 1 address
Last 180 days
1
filing
- • 1 address
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
- 2026-05-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-02-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-26➖SCRACE, Simon Andrew resigneddirector
- 2024-01-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-27🏢Company incorporatedAs 21 CARPENTRY LIMITED
- 2023-09-27➕BACKSHALL, Max appointeddirector
- 2023-09-27➕SCRACE, Simon Andrew appointeddirector
- 2023-09-27📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Young company: Only 2.7 years old — management layer unlikely to be developed.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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 Max Backshall Individual · British · DOB 01/1993 · age 33 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/09/2023 |
1 historic (ceased) PSC
- Mr Simon Andrew Scraceceased 21/02/2024· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · BN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 24 HOUR ELECTRICAL LTD→ 11752085 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 2MS CONSTRUCTION LTD.→ 06458364 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 47 UPPERTON LIMITED→ 16743496 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4R BUILDING LIMITED→ 06396402 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 5 STAR ROOFING & BUILDING SUSSEX LIMITED→ 16890866 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 50 SHADES OF COLOUR LTD→ 16477482 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 52-58 MIDDLE STREET BRIGHTON LIMITED→ 12818346 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 5ML LIMITED→ 15128163 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 61-62 WESTERN ROAD LIMITED→ 09869756 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 64 CHURCH ROAD LIMITED→ 06661486 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 66 BRICKWORK LIMITED→ 11443255 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 72 ELECTRICAL LTD→ 06963386 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
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
Incorporated2023-09-27
Jurisdictionengland-wales
Primary SIC43320 — Joinery installation
Registered office
12 Howard Road
Sompting
Lancing
BN15 0LW
England
Filing status
Accounts
Next due: 2026-06-29
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31
Officers (1 active · 1 resigned)
BACKSHALL, Max→
Activedirector · ~33y · appointed 2023-09-27
View their other companies + combined net worth →
SCRACE, Simon Andrew→
Resigneddirector · ~58y · appointed 2023-09-27 · resigned 2024-01-26
Click a director name to see their full track record across all companies.
Recent filings (11 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-21
termination-director-company-with-name-termination-date
officers · TM01
2024-01-26
incorporation-company
incorporation · NEWINC
2023-09-27