ACCORD (MIDLANDS) LIMITED
💤Zombieactive
01601453 · ltd · incorporated 1981-12-02
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
£242.2k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueActive trading company with a 66-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 32.4y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 32.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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.
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 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £242,242
Cash YoY
-19%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£68k
↓ 19% YoY
Net Worth
£242k
↑ 9.4% YoY
Current Assets
£292k
↑ 16% YoY
Current Liabilities
—
Hover 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 | £286.3k | £259.6k |
| Current assets | £292.2k | £250.9k |
| Cash | £68.0k | £83.6k |
| Debtors | £213.5k | £156.2k |
| Net assets | £242.2k | £221.4k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-22🔓Charge satisfied #2
- 2022-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-02-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-08-12➖ASHTON, Patricia Ann resignedsecretary
- 2010-08-12➖ASHTON, Roger Noel resigneddirector
- 2010-08-12➖ASHTON, Timothy Philip Grainger resigneddirector
- 2003-03-06➕GUMM, John Derek appointeddirector
- 2000-07-12➕ASHTON, Timothy Philip Grainger appointeddirector
- 1995-08-03🔒Charge registered #2Lender: National Westminster Bank PLC
- 1994-01-11🔒Charge registered #1Lender: National Westminster Bank PLC
- 1981-12-02🏢Company incorporatedAs ACCORD (MIDLANDS) LIMITED
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong 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.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 45 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
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Derek Gumm Individual · English · DOB 06/1960 · age 66 | 75–100% | — | 75-100% shares | 12/08/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · ST postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 19 LIFTING LTD→ 16223481 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A B PROJECTS LIMITED→ 07340955 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A D BOOTH & SONS CHESHIRE LIMITED→ 13746067 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A D ELECTRICAL SERVICES (MIDLANDS) LIMITED→ 08327017 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ABT ELECTRICAL SERVICES LTD→ 16917388 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AC LIGHT LTD→ 14251136 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACCESS DIRECT SITE SERVICES LIMITED→ 03879336 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| ACCESS FLOORS LIMITED→ 05166088 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ACCLIMATISE AIRCONDITIONING & ELECTRICAL LIMITED→ 05428242 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ACCS LIMITED→ 06090394 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ACE PLUMBING SOLUTIONS LTD→ 14824832 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACE PRIME LIMITED→ 13842232 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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
Typeltd
Incorporated1981-12-02
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
Unit 7
Carver Business Park
Astonfields Road
Stafford
ST16 3HR
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06
Officers (1 active · 3 resigned)
GUMM, John Derek→
Activedirector · ~66y · appointed 2003-03-06
View their other companies + combined net worth →
ASHTON, Patricia Ann→
Resignedsecretary · resigned 2010-08-12
ASHTON, Roger Noel→
Resigneddirector · ~87y · resigned 2010-08-12
ASHTON, Timothy Philip Grainger→
Resigneddirector · ~55y · appointed 2000-07-12 · resigned 2010-08-12
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 03/08/1995 | 22/12/2022 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 11/01/1994 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (99 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-18