AC PROJECTS/ALTERNATIVE CURRENTS LIMITED

🌳Matureactive
SC400717 · private-limited-guarant-nsc · incorporated 2011-06-01
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pursue
Conservative operator with a 66-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). 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 (85/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £703
Turned profitable
Returned to profit this year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Profit before tax£703£-18.0k
Average employees00

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-08-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-06-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-06-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-04-04
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2023-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-08-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2019-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-11-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-06-21
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  17. 2014-05-07
    SRG LLP appointed
    corporate-secretary
  18. 2011-06-01
    🏢
    Company incorporated
    As AC PROJECTS/ALTERNATIVE CURRENTS LIMITED
  19. 2011-06-01
    CAMPBELL, Alasdair appointed
    director
  20. 2011-06-01
    BRIAN REID LTD. appointed
    corporate-secretary
  21. 2011-06-01
    BRIAN REID LTD. resigned
    corporate-secretary
  22. 2011-06-01
    MABBOTT, Stephen George appointed
    director
  23. 2011-06-01
    MABBOTT, Stephen George resigned
    director

Owner dependency

90/100
Critical — business is the founder

The 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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

78/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Alasdair Campbell
Individual · British · DOB 07/1960 · age 66
sig. influencesignificant influence06/04/2016

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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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
Typeprivate-limited-guarant-nsc
Incorporated2011-06-01
Jurisdictionscotland
Primary SIC90030 — Artistic creation

Registered office

C/O Srg Llp, 4th Floor, Turnberry House
175 West George Street
Glasgow
Lanarkshire
G2 2LB
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-15
Last: 2025-06-01

Officers (2 active · 2 resigned)

SRG LLP
corporate-secretary · appointed 2014-05-07
View their other companies + combined net worth →
Active
CAMPBELL, Alasdair
director · ~66y · appointed 2011-06-01
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-secretary · appointed 2011-06-01 · resigned 2011-06-01
Resigned
MABBOTT, Stephen George
director · ~76y · appointed 2011-06-01 · resigned 2011-06-01
Resigned

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

Recent filings (39 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-24
change-person-director-company-with-change-date
officers · CH01
2025-06-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05
resolution
resolution · RESOLUTIONS
2024-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-19