AJ & HB PROPERTIES LLP

💤Zombieactive
OC308934 · llp · incorporated 2004-08-12
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£1.67M
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 4.1y

35/100
under pressure

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

  • · Charge age ~4.1 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 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
Network not yet resolved
30
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
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 · FRS 102
Positive net assets
Net assets £1,667,150
Net assets shrinking
Down £89,714 YoY
Cash YoY
+407%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£77k
↑ 407% YoY
Net Worth
£1.7m
↓ 5.1% YoY
Current Assets
£673k
~ YoY
Current Liabilities
£0£351k£703k£1.1m£1.4m£1.8mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£1.67M£1.82M
Current assets£672.9k£672.8k
Cash£76.9k£15.2k
Debtors£132.7k£194.4k
Net assets£1.67M£1.76M

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 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-26
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  3. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-08-12
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  5. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-08-24
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  7. 2022-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-08-26
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  9. 2022-04-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  10. 2022-04-20
    🔒
    Charge registered #1
    Lender: Credit Suisse (UK) Limited
  11. 2021-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-08-12
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  13. 2021-01-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-08-25
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  15. 2019-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-08-26
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  17. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-08-12
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  19. 2018-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2017-09-14
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  21. 2016-12-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2016-08-23
    📄
    confirmation-statement-with-updates
    confirmation-statement · LLCS01
  23. 2015-12-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  24. 2015-08-25
    📄
    annual-return-limited-liability-partnership-with-made-up-date
    annual-return · LLAR01
  25. 2014-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  26. 2014-09-25
    📄
    annual-return-limited-liability-partnership-with-made-up-date
    annual-return · LLAR01
  27. 2004-08-12
    🏢
    Company incorporated
    As AJ & HB PROPERTIES LLP
  28. 2004-08-12
    BILTON, Howard Wyndham appointed
    llp-designated-member
  29. 2004-08-12
    NORTON, Anthony John appointed
    llp-designated-member

Owner dependency

55/100
Moderate — manageable with handover

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

FACTORS
  • +No director turnover: Company is 22 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

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 Anthony John Norton
Individual · British · DOB 04/1948 · age 78
25–50%25-50% voting06/04/2016
Mr Howard Wyndham Bilton
Individual · British · DOB 04/1955 · age 71
25–50%25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · same sector · CW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1 AUTO SCREEN LIMITED
07013419 · est 2009 · no financials extracted
16y
1 DANI TRANSPORT LTD
14328522 · est 2022 · no financials extracted
3y
100110 LTD
14750395 · est 2023 · no financials extracted
3y
108 MANAGEMENT COMPANY LIMITED
05144476 · est 2004 · no financials extracted
21y
10BASE LTD
14673236 · est 2023 · no financials extracted
3y
1511 HOSPITALITY LIMITED
15004996 · est 2023 · no financials extracted
2y
1675 LOGISTICS LIMITED
01955622 · est 1985 · no financials extracted
40y
18MGT LIMITED
14106084 · est 2022 · no financials extracted
3y
2 MAGPIES SEO LIMITED
08354155 · est 2013 · no financials extracted
13y
247PMIUK LIMITED
16373053 · est 2025 · no financials extracted
1y
2INOVATE LIMITED
15295718 · est 2023 · no financials extracted
2y
2STROKE SPARES LIMITED
13563392 · est 2021 · no financials extracted
4y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Typellp
Incorporated2004-08-12
Jurisdictionengland-wales
Primary SIC

Registered office

Thorney Fen Rosslyn Lane
Cuddington
Northwich
Cheshire
CW8 2JZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-26
Last: 2025-08-12

Officers (2 active · 0 resigned)

BILTON, Howard Wyndham
llp-designated-member · ~71y · appointed 2004-08-12
View their other companies + combined net worth →
Active
NORTON, Anthony John
llp-designated-member · ~78y · appointed 2004-08-12
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Credit Suisse (UK)
Credit Suisse (UK) Limited
A registered charge20/04/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (52 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-08-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-08-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-08-26
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2022-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-24
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-19
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2020-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-24
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2019-08-26