ACCESS COMPUTER SERVICES LIMITED
Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 44.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 44.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £67.0k | £66.8k |
| Current assets | £3.7k | £6.0k |
| Cash | £972 | £3.7k |
| Debtors | £1.7k | £1.3k |
| Net assets | £59.5k | £58.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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 persons-with-significant-control
- • 1 officers
Corporate timeline (22 events)Click to expand
- 2026-02-11➖WATSON, Vera Thornton resigneddirector
- 2026-02-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-01-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-04-01🔒Charge registered #3Lender: Hsbc Bank PLC
- 2007-01-31➖WATSON, Edward resigneddirector
- 2000-09-01➕WATSON, Edward James appointeddirector
- 1989-06-29🔒Charge registered #2Lender: Midland Bank PLC
- 1981-09-01🔒Charge registered #1Lender: Midland Bank LTD
- 1979-11-06🏢Company incorporatedAs ACCESS COMPUTER SERVICES LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 47 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 Edward James Watson Individual · British · DOB 02/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Vera Thornton Watsonceased 11/02/2026· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 01/04/2009 | — | |
| outstanding | Midland Bank Midland Bank PLC | Charge | 1 property | 29/06/1989 | — | |
| outstanding | Midland Bank Midland Bank LTD | Legal charge | 1 property | 01/09/1981 | — |