AUDITORS LIMITED

💤Zombieactive

03018966 · ltd · incorporated 1995-02-07

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 Feb 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 99999

Sector: Extraterritorial bodies

Investor take

Pursue

Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (1 active, 4 linked, 1 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

10 connected companies via shared directors

Filing history

70 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · UK GAAP

Metric	2025-02-28	2024-02-29

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-11-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-16
➖
POVEY LITTLE SECRETARIES LIMITED resigned
corporate-secretary
2019-08-16
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-09-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-11-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-04-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-27
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-02-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
1995-02-07
🏢
Company incorporated
As AUDITORS LIMITED
1995-02-07
➕
POVEY, Alan Michael appointed
director
1995-02-07
➕
LONDON LAW SECRETARIAL LIMITED appointed
corporate-nominee-secretary
1995-02-07
➖
LONDON LAW SECRETARIAL LIMITED resigned
corporate-nominee-secretary
1995-02-07
➕
POVEY LITTLE SECRETARIES LIMITED appointed
corporate-secretary
1995-02-07
➕
LONDON LAW SERVICES LIMITED appointed
corporate-nominee-director
1995-02-07
➖
LONDON LAW SERVICES LIMITED resigned
corporate-nominee-director

Owner dependency

100/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

100/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 31 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.)

Group structure

Povey Little Secretaries Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️

Povey Little Secretaries Limited

Corporate parent · holds 25-50% shares · board control

significant stake

⬇

AUDITORS LIMITED

This company · 03018966

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Alan Michael Povey Individual · British · DOB 09/1956 · age 70	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016
Povey Little Secretaries Limited Corporate entity	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016

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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AUTISM SOUTH EAST C.I.C.→ 11994418 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
AUTISME SOLUTIONS LTD→ 15293516 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
AVERY HILL CHARITABLE TRUST→ 05039769 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
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BAIG&CO LTD→ 07715704 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
BAKER CLOSE MANAGEMENT COMPANY LIMITED→ 10354910 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
BARBERS & HAIRDRESSERS LTD→ 07072152 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
BARRON OF LONDON LIMITED→ 08222526 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
BASEVILLA LIMITED→ 06865025 · est 2009 · no financials extracted	—	—	—	—	17y	—	—

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

Incorporated1995-02-07

Jurisdictionengland-wales

Primary SIC99999 — SIC 99999

Registered office

12 Hatherley Road

Sidcup

Kent

DA14 4DT

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-02-21

Last: 2026-02-07

Officers (1 active · 3 resigned)

POVEY, Alan Michael→

director · ~70y · appointed 1995-02-07

View their other companies + combined net worth →

Active

LONDON LAW SECRETARIAL LIMITED→

corporate-nominee-secretary · appointed 1995-02-07 · resigned 1995-02-07

Resigned

POVEY LITTLE SECRETARIES LIMITED→

corporate-secretary · appointed 1995-02-07 · resigned 2019-08-16

Resigned

LONDON LAW SERVICES LIMITED→

corporate-nominee-director · appointed 1995-02-07 · resigned 1995-02-07

Resigned

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