ACCELERATION (ELAN) LIMITED
💤Zombieactive
01223633 · ltd · incorporated 1975-08-20
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 Aug 2024
Net worth
£5.7k
book net assets
Opportunity
65/100
Strong
What this business does
Primary activity: Wholesale of other machinery and equipment
Sector: Wholesale & retail
Investor take
Special-situation opportunityDistressed wholesale with salvageable qualities — special-situations priority.
Opportunity 65/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).
🏦
Refinance opportunity
2 live charges · oldest 45.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 45.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £5,728
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£6k
↑ 41% YoY
Current Assets
£28k
↓ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £49.7k | £48.0k |
| Current assets | £28.2k | £32.0k |
| Net assets | £5.7k | £4.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (26 events)Click to expand
- 2025-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-14📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-08-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-07📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-07-30📄gazette-notice-compulsorygazette · GAZ1
- 2023-10-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-16📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-10-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-10-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-05➕HARGREAVES, Debbie appointeddirector
- 2023-10-05➖FLETCHER, Carole resignedsecretary
- 2023-10-05➖FLETCHER, Carole resigneddirector
- 2023-10-05➖FLETCHER, Jonathan Bridge resigneddirector
- 2023-08-22📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-08-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-01📄gazette-notice-compulsorygazette · GAZ1
- 2022-07-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-18📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-08-17📄gazette-notice-compulsorygazette · GAZ1
- 1981-06-06🔒Charge registered #2Lender: Midland Bank PLC
- 1981-02-11🔒Charge registered #1Lender: Midland Bank PLC
- 1975-08-20🏢Company incorporatedAs ACCELERATION (ELAN) LIMITED
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome 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 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-05-31
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Debbie Hargreaves Individual · British · DOB 10/1980 · age 46 | — | — | sig. influencesignificant influence · trust interest · firm interest | 05/10/2023 |
2 historic (ceased) PSCs
- Mrs Carole Fletcherceased 01/10/2023· 25-50% shares · 25-50% voting
- Mr Jon Bridge Fletcherceased 01/10/2023· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Wholesale & distribution · M postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACG NW LIMITED→ 13398633 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACHI77 LTD→ 11543527 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACL MANAGEMENT LTD→ 12207750 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACOMX LIMITED→ 14623473 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACON FOR TRADING LTD→ 13779230 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACORN FIXINGS LIMITED→ 02006325 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
| ACTIVE SOURCE LTD→ 16956650 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACTRON GLOBAL LIMITED→ 16820668 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACTROS FOR TRADING LTD→ 16855300 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AD MERCHANDISE LIMITED→ 06986570 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ADA UK HOLDINGS LTD→ 13969981 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADAM & BROTHERS LTD→ 08431929 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1975-08-20
Jurisdictionengland-wales
Primary SIC46690 — Wholesale of other machinery and equipment
Registered office
30 Stakehill Industrial Estate
Middleton
Manchester
M24 2RW
England
Filing status
Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-12-13
Last: 2025-11-29
Officers (1 active · 3 resigned)
HARGREAVES, Debbie→
Activedirector · ~46y · appointed 2023-10-05
View their other companies + combined net worth →
FLETCHER, Carole→
Resignedsecretary · resigned 2023-10-05
FLETCHER, Carole→
Resigneddirector · ~85y · resigned 2023-10-05
FLETCHER, Jonathan Bridge→
Resigneddirector · ~88y · resigned 2023-10-05
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Midland Bank Midland Bank PLC | Legal charge | 1 property | 06/06/1981 | — | |
| outstanding | Midland Bank Midland Bank PLC | Irrevocable authority | 1 property | 11/02/1981 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (107 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-23
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-13
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-08-07
gazette-notice-compulsory
gazette · GAZ1
2024-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-24
termination-director-company-with-name-termination-date
officers · TM01
2023-10-16
termination-director-company-with-name-termination-date
officers · TM01
2023-10-16
appoint-person-director-company-with-name-date
officers · AP01
2023-10-16
termination-secretary-company-with-name-termination-date
officers · TM02
2023-10-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-13