ARTWIDE (UK) LIMITED

🌳Matureactive
02884445 · ltd · incorporated 1994-01-04
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 Mar 2025
Net worth
£-207.0k
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: SIC 46520
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
Confirmed no charges registered
85
Directors & officers
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
85
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 · accounting standard not declared
Negative net assets
Liabilities exceed assets by £207,028

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£207k
↓ 5.5% YoY
Current Assets
£0
↓ 100% YoY
Current Liabilities
-£207k-£165k-£123k-£81k-£39k£2kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£24.8k£31.1k
Current assets£0£2.4k
Net assets£-207.0k£-196.2k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
5
filings
  • 4 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-12-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2025-12-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-12-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-12-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-12-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-06-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-06-13
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2022-06-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-12-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-12-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2018-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2005-12-30
    TSANG, Victor Ling Young resigned
    director
  17. 1999-02-10
    LEUNG, Wing Lin appointed
    secretary
  18. 1999-02-10
    GRZYB, Izabella Teresa resigned
    secretary
  19. 1999-02-10
    TSANG, Man Chung resigned
    director
  20. 1997-04-04
    TSANG, Linda Ling Tak appointed
    director
  21. 1996-08-18
    TSANG, Victor Ling Young appointed
    director
  22. 1994-01-04
    🏢
    Company incorporated
    As ARTWIDE (UK) LIMITED
  23. 1994-01-04
    LEUNG, Wing Lin appointed
    director
  24. 1994-01-04
    GRZYB, Izabella Teresa appointed
    secretary
  25. 1994-01-04
    GUDKA, Shilpa appointed
    secretary
  26. 1994-01-04
    GUDKA, Shilpa resigned
    secretary
  27. 1994-01-04
    GUDKA, Shilpa appointed
    director
  28. 1994-01-04
    GUDKA, Shilpa resigned
    director
  29. 1994-01-04
    LEE, Tony appointed
    director
  30. 1994-01-04
    LEE, Tony resigned
    director
  31. 1994-01-04
    TSANG, Man Chung appointed
    director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

86/100
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 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Linda Ling Tak Tsang
Individual · British · DOB 11/1962 · age 64
2550%
25-50% shares01/04/2025
Mr Wing Lin Leung
Individual · British · DOB 12/1962 · age 64
2550%
25-50% shares01/04/2025
2 historic (ceased) PSCs
  • Ms Linda Ling Tak Tsangceased 01/04/2025· 25-50% shares
  • Mr Wing Lin Leungceased 01/04/2025· 25-50% shares

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

6 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
Incorporated1994-01-04
Jurisdictionengland-wales
Primary SIC46520 — SIC 46520

Registered office

Unit 1-3 Wyvern Estate
Beverley Way
New Malden
Surrey
KT3 4PH

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-06-05
Last: 2026-05-22

Officers (3 active · 6 resigned)

LEUNG, Wing Lin
secretary · appointed 1999-02-10
View their other companies + combined net worth →
Active
LEUNG, Wing Lin
director · ~64y · appointed 1994-01-04
View their other companies + combined net worth →
Active
TSANG, Linda Ling Tak
director · ~64y · appointed 1997-04-04
View their other companies + combined net worth →
Active
GRZYB, Izabella Teresa
secretary · appointed 1994-01-04 · resigned 1999-02-10
Resigned
GUDKA, Shilpa
secretary · appointed 1994-01-04 · resigned 1994-01-04
Resigned
GUDKA, Shilpa
director · ~58y · appointed 1994-01-04 · resigned 1994-01-04
Resigned
LEE, Tony
director · ~62y · appointed 1994-01-04 · resigned 1994-01-04
Resigned
TSANG, Man Chung
director · ~63y · appointed 1994-01-04 · resigned 1999-02-10
Resigned
TSANG, Victor Ling Young
director · ~63y · appointed 1996-08-18 · resigned 2005-12-30
Resigned

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

Recent filings (93 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-01
change-person-director-company-with-change-date
officers · CH01
2022-06-13
change-person-secretary-company-with-change-date
officers · CH03
2022-06-13