A & K HOSIERY LIMITED

🌳Matureactive
02894544 · ltd · incorporated 1994-02-03
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 18.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£2.71M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 64-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (80/100, director aged 64). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

6 live charges · 2 lenders · oldest 18.8y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 18.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £2,709,088
Net assets shrinking
Down £167,960 YoY
Cash YoY
+73%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£743k
↑ 73% YoY
Net Worth
£2.7m
↓ 5.8% YoY
Current Assets
—
Current Liabilities
—
£0£575k£1.2m£1.7m£2.3m£2.9mMar 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
Cash£742.5k£428.9k
Net assets£2.71M£2.88M

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-10-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-07-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-07-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2022-06-19
    ➖
    MORRIS, Kim Deborah resigned
    secretary
  9. 2022-06-07
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2022-06-07
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2022-05-30
    📄
    capital-allotment-shares
    capital · SH01
  12. 2021-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-11-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2019-12-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2018-11-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2018-11-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2018-11-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2018-11-16
    🔓
    Charge satisfied #5
  19. 2018-11-14
    ➕
    MORRIS, Simon Andrew appointed
    director
  20. 2018-04-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2018-04-03
    🔓
    Charge satisfied #6
  22. 2014-11-03
    🔓
    Charge satisfied #4
  23. 2014-11-03
    🔓
    Charge satisfied #3
  24. 2014-11-03
    🔓
    Charge satisfied #2
  25. 2014-11-03
    🔓
    Charge satisfied #1
  26. 2014-02-18
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC
  27. 2014-01-22
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  28. 2007-07-20
    🔒
    Charge registered #4
    Lender: Lloyds Tsb Bank PLC
  29. 2007-07-20
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Bank PLC
  30. 2007-07-20
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  31. 2007-07-20
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  32. 1997-12-24
    ➖
    MCGEACHIE, James William resigned
    director
  33. 1994-09-29
    ➕
    MCGEACHIE, James William appointed
    director
  34. 1994-02-03
    🏢
    Company incorporated
    As A & K HOSIERY LIMITED
  35. 1994-02-03
    ➕
    MORRIS, Andrew Valentine appointed
    director
  36. 1994-02-03
    ➕
    MORRIS, Kim Deborah appointed
    secretary
  37. 1994-02-03
    ➕
    ELK COMPANY SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  38. 1994-02-03
    ➖
    ELK COMPANY SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  39. 1994-02-03
    ➕
    ELK (NOMINEES) LIMITED appointed
    corporate-nominee-director
  40. 1994-02-03
    ➖
    ELK (NOMINEES) LIMITED resigned
    corporate-nominee-director

Owner dependency

84/100
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
  • +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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew Valentine Morris
Individual · British · DOB 05/1962 · age 64
75–100%
—75-100% shares06/04/2016
1 historic (ceased) PSC
  • Mrs Kim Morrisceased 19/06/2022· 25-50% shares

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

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
Incorporated1994-02-03
Jurisdictionengland-wales
Primary SIC46420 — Wholesale of clothing and footwear

Registered office

Valentine Trade Park
104 Gelderd Road
Leeds
LS12 6BY

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-02
Last: 2025-06-18

Officers (2 active · 4 resigned)

MORRIS, Andrew Valentine→
director · ~64y · appointed 1994-02-03
View their other companies + combined net worth →
Active
MORRIS, Simon Andrew→
director · ~36y · appointed 2018-11-14
View their other companies + combined net worth →
Active
MORRIS, Kim Deborah→
secretary · appointed 1994-02-03 · resigned 2022-06-19
Resigned
ELK COMPANY SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1994-02-03 · resigned 1994-02-03
Resigned
MCGEACHIE, James William→
director · ~52y · appointed 1994-09-29 · resigned 1997-12-24
Resigned
ELK (NOMINEES) LIMITED→
corporate-nominee-director · appointed 1994-02-03 · resigned 1994-02-03
Resigned

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

Mortgages & charges

6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property18/02/201403/04/2018
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property22/01/201416/11/2018
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property20/07/200703/11/2014
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property20/07/200703/11/2014
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property20/07/200703/11/2014
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property20/07/200703/11/2014

Recent filings (97 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-04
termination-secretary-company-with-name-termination-date
officers · TM02
2022-07-04
resolution
resolution · RESOLUTIONS
2022-06-07
resolution
resolution · RESOLUTIONS
2022-06-07
capital-allotment-shares
capital · SH01
2022-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-26