21DEGREE HEATING LTD
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £34.5k | £47.3k |
| Current assets | £43.5k | £36.6k |
| Net assets | £163 | £608 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (14 events)Click to expand
- 2025-06-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-07📄change-person-director-company-with-change-dateofficers · CH01
- 2021-06-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-11📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-11-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-11-10➕MALONE, Kristopher Timothy appointeddirector
- 2018-04-04🏢Company incorporatedAs 21DEGREE HEATING LTD
- 2018-04-04➕KINRADE, Ashley appointeddirector
- 2018-04-04📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ashley Kinrade Individual · British · DOB 12/1983 · age 43 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 04/04/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Construction · L postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 0151 HEATING AND PLUMBING LIMITED→ 07614766 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 103 GORSE LANE DEVELOPMENT LTD→ 16536328 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 13 THE PROM LTD→ 09789365 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 1878 CONSTRUCTION LTD→ 14367328 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1880 LTD→ 12738750 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 18V MANAGEMENT LIMITED→ 09155785 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 1ST CHOICE SCAFFOLDING LIMITED→ 04936324 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 20A WATERSIDE LTD→ 15541249 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 21ST CENTURY CONSTRUCTION LTD→ 16646002 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24-26 NELSON STREET LTD→ 15801256 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 24/7 HIRE & PROPERTY MAINTENANCE SERVICES LTD→ 13672233 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 2ELEV8 LIMITED→ 12870435 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.