ACCOUNTS AND TAX RETURNS LTD
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £4.0k | £15.8k |
| Current assets | £10.2k | £15.6k |
| Net assets | £2.9k | £14.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (34 events)Click to expand
- 2025-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-02➖DUGDALE, Susan Lea resignedsecretary
- 2021-11-02➖DUGDALE, Roy resigneddirector
- 2021-11-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-11-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-11-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-06-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-03-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-10-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-10-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-06➕DUGDALE, Philip Noel appointeddirector
- 2003-03-31➖DUGDALE, Kelly Louise resigneddirector
- 2003-03-31➖DUGDALE, Philip Noel resigneddirector
- 2002-11-30➖DUGDALE, Roy resignedsecretary
- 2002-11-30➕DUGDALE, Susan Lea appointedsecretary
- 2002-11-30➖DUGDALE, Susan Lea resigneddirector
- 2002-09-29➕DUGDALE, Philip Noel appointeddirector
- 2002-09-23➕DUGDALE, Roy appointedsecretary
- 2002-09-23➖@UKPLC CLIENT SECRETARY LTD resignedcorporate-nominee-secretary
- 2002-09-23➕DUGDALE, Kelly Louise appointeddirector
- 2002-09-23➕DUGDALE, Roy appointeddirector
- 2002-09-23➕DUGDALE, Susan Lea appointeddirector
- 2002-09-23➖@UKPLC CLIENT DIRECTOR LTD resignedcorporate-nominee-director
- 2002-09-19🏢Company incorporatedAs ACCOUNTS AND TAX RETURNS LTD
- 2002-09-19➕@UKPLC CLIENT SECRETARY LTD appointedcorporate-nominee-secretary
- 2002-09-19➕@UKPLC CLIENT DIRECTOR LTD appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Philip Noel Dugdale Individual · British · DOB 02/1982 · age 44 | 75–100% | — | 75-100% shares | 01/09/2018 |
1 historic (ceased) PSC
- Mr Roy Dugdaleceased 01/09/2021· 50-75% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 8 resigned)
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