ACCOUNTS AND PAYROLL LIMITED

💤Zombieactive

04405834 · ltd · incorporated 2002-03-28

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 Mar 2026

Net worth

—

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

Pursue

Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). 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

1 active PSC(s) of 1 total, 1 with control declared

Director network

10 connected companies via shared directors

Filing history

58 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 · accounting standard unknown

Metric	2026-03-31	2025-03-31
Average employees	200	200

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

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2026-04-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-06-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-11-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-01
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-05
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-28
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-15
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-11-01
➖
WHARMBY, Jean Rosemary resigned
secretary
2002-03-28
🏢
Company incorporated
As ACCOUNTS AND PAYROLL LIMITED
2002-03-28
➕
WATKIN, Peter appointed
director
2002-03-28
➕
WHARMBY, Jean Rosemary appointed
secretary
2002-03-28
➕
K-COM SYSTEMS LIMITED appointed
corporate-secretary
2002-03-28
➖
K-COM SYSTEMS LIMITED resigned
corporate-secretary
2002-03-28
➕
WWW.ACCOUNTINGTECHNOLOGY LTD appointed
corporate-director
2002-03-28
➖
WWW.ACCOUNTINGTECHNOLOGY LTD resigned
corporate-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 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

95/100

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 69. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Peter Watkin Individual · British · DOB 04/1957 · age 69	25–50%	—	25-50% shares	28/03/2017

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 →

Similar companies

Active · Professional services · SA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A & L PAYROLL LTD→ 15998365 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
A L JAMES ENGINEERING LTD→ 11559959 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
AFON HOLDINGS LIMITED→ 05041070 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
AGRIMACHINE RENTALS LTD→ 16809679 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AHALIA SEELAN CONSULTANCY LTD→ 16787610 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AIZELAX LIMITED→ 15657875 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AJB PRECISION LIMITED→ 09132389 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
AJS CONSULTING SERVICES LIMITED→ 10245550 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ALAN HARTSHORN LTD→ 12523851 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
ALED THOMAS PLANNING DESIGN LIMITED→ 05889359 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
ALETQAN ALANSAB LIMITED→ 15743614 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ALEXA CARE RECRUITMENT LTD→ 15206082 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2002-03-28

Jurisdictionengland-wales

Primary SIC69201 — Accounting and auditing activities

Registered office

Glan Yr Afon House 30 Walters Road

Cwmllynfell

Swansea

SA9 2FH

Filing status

Accounts

Next due: 2027-12-31

Last made up to: 2026-03-31

Confirmation statement

Next due: 2027-04-11

Last: 2026-03-28

Officers (1 active · 3 resigned)

WATKIN, Peter→

director · ~69y · appointed 2002-03-28

View their other companies + combined net worth →

Active

WHARMBY, Jean Rosemary→

secretary · appointed 2002-03-28 · resigned 2008-11-01

Resigned

K-COM SYSTEMS LIMITED→

corporate-secretary · appointed 2002-03-28 · resigned 2002-03-28

Resigned

WWW.ACCOUNTINGTECHNOLOGY LTD→

corporate-director · appointed 2002-03-28 · resigned 2002-03-28

Resigned

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