AJM GROUNDWORKS NE LTD
🌱Startupactive
16113172 · ltd · incorporated 2024-12-02
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
- 41202Construction of domestic buildings
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 65/100. 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 (73/100).
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
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
Network not yet resolved
30
Filing history
4 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.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 gazette
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 gazette
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
- 2026-03-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-03-17📄gazette-notice-compulsorygazette · GAZ1
- 2024-12-02🏢Company incorporatedAs AJM GROUNDWORKS NE LTD
- 2024-12-02➕MULLEY, Alan James appointeddirector
- 2024-12-02➕MULLEY, Alan appointeddirector
- 2024-12-02📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
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.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 1.5 years old — management layer unlikely to be developed.
Succession & seller-readiness
16/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — MULLEY, Alan James (same surname) appointed 2024-12-02. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alan James Mulley Individual · British · DOB 08/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/12/2024 |
Mr Alan Mulley Individual · British · DOB 02/1962 · age 64 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/12/2024 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · DL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & M BATHROOMS LIMITED→ 06802618 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| A M STEEL BUILDINGS LTD→ 14924295 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A. LEE PAVING LIMITED→ 06301518 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ADVANCED INSPECTIONS LIMITED→ 10229740 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADVANCED PLUMBING SOLUTIONS (NORTH EAST) LIMITED→ 07027767 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| AFI CO. LIMITED→ 12746149 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AHB CLADDING LTD→ 13302887 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AHH HOLDINGS LTD→ 14922169 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AHS (SITE SERVICES) LTD→ 16576734 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AHS (SPECIALIST SERVICES) LTD→ 09297099 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AJS TRAFFIC MANAGEMENT LTD→ 16644912 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AKA BUILDING RESOURCES LTD→ 16796462 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
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See pricing →Company details
Statusactive
Typeltd
Incorporated2024-12-02
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings
Registered office
24 Celandine Way
Shildon
DL4 2DT
England
Filing status
Accounts
Next due: 2026-09-02
Last made up to: —
Confirmation statement
Next due: 2026-12-15
Last: 2025-12-01
Officers (2 active · 0 resigned)
MULLEY, Alan James→
Activedirector · ~39y · appointed 2024-12-02
View their other companies + combined net worth →
MULLEY, Alan→
Activedirector · ~64y · appointed 2024-12-02
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (4 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-27
gazette-notice-compulsory
gazette · GAZ1
2026-03-17
incorporation-company
incorporation · NEWINC
2024-12-02