ACE BUILDERS LTD
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (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).
Refinance opportunity
2 live charges · 2 lenders · oldest 1.6y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.6 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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 · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £848.9k | £576.3k |
| Current assets | £109.2k | £103.4k |
| Net assets | £647.8k | £560.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 mortgage
- • 1 confirmation-statement
- • 1 mortgage
- • 1 confirmation-statement
Corporate timeline (20 events)Click to expand
- 2026-02-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-06🔒Charge registered #2Lender: Royal Bank of Scotland
- 2025-06-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-30🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2023-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-02-22📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2020-10-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2010-02-04🏢Company incorporatedAs ACE BUILDERS LTD
- 2010-02-04➕BOWES, David Andrew, Mr. appointeddirector
- 2010-02-04➕COUSINS, Barry Christopher, Mr. appointeddirector
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.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Andrew Bowes Individual · British · DOB 05/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control · trust interest · firm interest | 10/03/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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7 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.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland | A registered charge | 1 property | 06/02/2026 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 2 properties | 30/09/2024 | — |