APEX CONTRACTS LIMITED

💤Zombieactive
SC585880 · ltd · incorporated 2018-01-16
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
£1.73M
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Roofing activities
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
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 £1,733,629
Cash YoY
+85%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.2m
↑ 85% YoY
Net Worth
£1.7m
↑ 64% YoY
Current Assets
£1.6m
↑ 77% YoY
Current Liabilities
£0£347k£693k£1.0m£1.4m£1.7mMar 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£1.75M£1.09M
Current assets£1.62M£915.1k
Cash£1.17M£633.1k
Net assets£1.73M£1.06M

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
6
filings
  • 3 persons-with-significant-control
  • 1 address
  • 1 officers
Last 180 days
7
filings
  • 3 persons-with-significant-control
  • 1 address
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-02-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-02-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-02-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-02-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-02-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-05-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-05-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2021-05-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2020-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-02-22
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  17. 2018-09-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2018-01-16
    🏢
    Company incorporated
    As APEX CONTRACTS LIMITED
  19. 2018-01-16
    BARCLAY, Ashley appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Apex Group Holdco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Apex Group Holdco Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
APEX CONTRACTS LIMITED
This company · SC585880

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Apex Group Holdco Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/02/2026
1 historic (ceased) PSC
  • Miss Ashley Barclayceased 02/02/2026· 75-100% shares · 75-100% voting · board control · trust interest · firm interest

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Typeltd
Incorporated2018-01-16
Jurisdictionscotland
Primary SIC43910 — Roofing activities

Registered office

28a Dundas Street
Edinburgh
City Of Edinburgh
EH3 6JN
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15

Officers (1 active · 0 resigned)

BARCLAY, Ashley
director · ~43y · appointed 2018-01-16
View their other companies + combined net worth →
Active

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

Recent filings (26 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-02-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-10
change-person-director-company-with-change-date
officers · CH01
2026-02-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-18