ACCESS INDUSTRIES GROUP LIMITED

💤Zombieactive
03043993 · ltd · incorporated 1995-04-10
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 Dec 2023
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 84-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 84). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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 26.5y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 26.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (69/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
91 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.

Key financials

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

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-31
Average employees200

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
1
filing
  • 1 confirmation-statement
Last 180 days
4
filings
  • 1 confirmation-statement
  • 1 accounts
  • 1 address
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-01-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-12-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-08-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2024-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-12-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2023-03-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-12-16
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2022-09-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2021-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-09-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2020-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2000-06-21
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  18. 1999-11-23
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  19. 1995-04-10
    🏢
    Company incorporated
    As ACCESS INDUSTRIES GROUP LIMITED
  20. 1995-04-10
    ELSE, Ann appointed
    secretary
  21. 1995-04-10
    ELSE, Melvyn John appointed
    director
  22. 1995-04-10
    BHARDWAJ, Ashok appointed
    nominee-secretary
  23. 1995-04-10
    BHARDWAJ, Ashok resigned
    nominee-secretary
  24. 1995-04-10
    BHARDWAJ CORPORATE SERVICES LIMITED appointed
    corporate-nominee-director
  25. 1995-04-10
    BHARDWAJ CORPORATE 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 84 — 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 84 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Melvyn John Else
Individual · British · DOB 10/1942 · age 84
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Ann Elseceased 24/11/2025· 25-50% shares · 25-50% voting

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

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
Incorporated1995-04-10
Jurisdictionengland-wales
Primary SIC71129 — Other engineering activities

Registered office

Edgeworth House 20 High Street
Northchurch
Berkhamsted
Hertfordshire
HP4 3LS
United Kingdom

Filing status

Accounts
Next due: 2026-09-26
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10

Officers (2 active · 2 resigned)

ELSE, Ann
secretary · appointed 1995-04-10
View their other companies + combined net worth →
Active
ELSE, Melvyn John
director · ~84y · appointed 1995-04-10
View their other companies + combined net worth →
Active
BHARDWAJ, Ashok
nominee-secretary · appointed 1995-04-10 · resigned 1995-04-10
Resigned
BHARDWAJ CORPORATE SERVICES LIMITED
corporate-nominee-director · appointed 1995-04-10 · resigned 1995-04-10
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property21/06/2000
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property23/11/1999
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (91 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-12-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-28