ACCOUNTING I.T. LIMITED

💤Zombieactive
03613640 · ltd · incorporated 1998-08-11
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 2024
Net worth
£-6.4k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). 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: medium (78/100)

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
7 officers (1 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £6,362

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£6k
Current Assets
£58k
Current Liabilities
—
-£6k£7k£19k£32k£45k£58kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£24.4k—
Current assets£58.1k—
Net assets£-6.4k—

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-09-16
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2023-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-09-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-05-26
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  9. 2020-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-05-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2019-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2017-12-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2017-05-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-02-29
    ➖
    AXSON, Peter Francis resigned
    director
  17. 2014-08-31
    ➖
    DUNN, Clive Andrew resigned
    secretary
  18. 2014-08-31
    ➖
    DUNN, Clive Andrew resigned
    director
  19. 2014-07-22
    ➖
    BAYLISS, Richard resigned
    director
  20. 2010-09-01
    ➕
    AXSON, Peter Francis appointed
    director
  21. 2007-08-31
    ➕
    BAYLISS, Nicola appointed
    director
  22. 2007-08-31
    ➕
    BAYLISS, Richard appointed
    director
  23. 2007-08-31
    ➖
    MARTIN, Anthony Robert resigned
    director
  24. 1998-08-11
    🏢
    Company incorporated
    As ACCOUNTING I.T. LIMITED
  25. 1998-08-11
    ➕
    DUNN, Clive Andrew appointed
    secretary
  26. 1998-08-11
    ➕
    CHETTLEBURGH INTERNATIONAL LIMITED appointed
    corporate-nominee-secretary
  27. 1998-08-11
    ➖
    CHETTLEBURGH INTERNATIONAL LIMITED resigned
    corporate-nominee-secretary
  28. 1998-08-11
    ➕
    DUNN, Clive Andrew appointed
    director
  29. 1998-08-11
    ➕
    MARTIN, Anthony Robert appointed
    director

Owner dependency

93/100
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 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 28 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
Ms Nicola Bayliss
Individual · British · DOB 06/1965 · age 61
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

7 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
Incorporated1998-08-11
Jurisdictionengland-wales
Primary SIC69201 — Accounting and auditing activities

Registered office

10 The Rowans
Billericay
CM11 2PB
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-06-15
Last: 2026-06-01

Officers (1 active · 6 resigned)

BAYLISS, Nicola→
director · ~61y · appointed 2007-08-31
View their other companies + combined net worth →
Active
DUNN, Clive Andrew→
secretary · appointed 1998-08-11 · resigned 2014-08-31
Resigned
CHETTLEBURGH INTERNATIONAL LIMITED→
corporate-nominee-secretary · appointed 1998-08-11 · resigned 1998-08-11
Resigned
AXSON, Peter Francis→
director · ~64y · appointed 2010-09-01 · resigned 2016-02-29
Resigned
BAYLISS, Richard→
director · ~62y · appointed 2007-08-31 · resigned 2014-07-22
Resigned
DUNN, Clive Andrew→
director · ~81y · appointed 1998-08-11 · resigned 2014-08-31
Resigned
MARTIN, Anthony Robert→
director · ~78y · appointed 1998-08-11 · resigned 2007-08-31
Resigned

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

Recent filings (82 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-09-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-06
change-account-reference-date-company-previous-extended
accounts · AA01
2021-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-30