ACCOUNTING SOFTWARE AND SERVICES LIMITED

🌳Matureactive
02963427 · ltd · incorporated 1994-08-31
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 27.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£974
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 63). 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 27.2y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 27.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
84 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 · accounting standard not declared
Positive net assets
Net assets £974

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£974
Current Assets
£974
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-31
Total assets£974
Current assets£974
Net assets£974

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-04-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-09-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-09-12
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2025-09-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-08-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-04-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-10-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2015-12-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 1999-03-17
    🔒
    Charge registered #1
    Lender: Legendary Property (Wembley Point) Limited
  17. 1996-01-31
    VITHLANI, Bharat appointed
    director
  18. 1995-09-01
    VITHLANI, Bharat resigned
    director
  19. 1995-04-06
    VITHLANI, Mona appointed
    director
  20. 1994-08-31
    🏢
    Company incorporated
    As ACCOUNTING SOFTWARE AND SERVICES LIMITED
  21. 1994-08-31
    VITHLANI, Mona appointed
    secretary
  22. 1994-08-31
    VITHLANI, Bharat appointed
    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 31 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — 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 63. 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 31 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
Mr Bharat Vithlani
Individual · British · DOB 02/1963 · age 63
2550%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest06/04/2016
Mrs Mona Vithlani
Individual · British · DOB 01/1969 · age 57
2550%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest06/04/2016

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
Incorporated1994-08-31
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

The Pines
Daws Hill Lane
High Wycombe
Buckinghamshire
HP11 1PW
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31

Officers (3 active · 1 resigned)

VITHLANI, Mona
secretary · appointed 1994-08-31
View their other companies + combined net worth →
Active
VITHLANI, Bharat
director · ~63y · appointed 1996-01-31
View their other companies + combined net worth →
Active
VITHLANI, Mona
director · ~57y · appointed 1995-04-06
View their other companies + combined net worth →
Active
VITHLANI, Bharat
director · ~63y · appointed 1994-08-31 · resigned 1995-09-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Legendary Property (Wembley Point)
Legendary Property (Wembley Point) Limited
Rent deposit deed1 property17/03/1999
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (84 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-06
change-person-director-company-with-change-date
officers · CH01
2025-09-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-12
change-person-director-company-with-change-date
officers · CH01
2025-09-12
change-person-secretary-company-with-change-date
officers · CH03
2025-09-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-28