ACCOUNTANTS T. R. SOUTH & CO LIMITED

🌳Matureactive
04631291 · ltd · incorporated 2003-01-08
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2026
Net worth
£11.2k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (76/100)

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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £11,235
High leverage
Liabilities are 100% of total assets
Net assets shrinking
Down £1,361 YoY
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£11k
↓ 11% YoY
Current Assets
£24k
↓ 19% YoY
Current Liabilities
—
£0£6k£12k£18k£24k£30kMar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-03-312025-03-31
Total assets£24.4k£30.3k
Current assets£24.4k£30.3k
Net assets£11.2k£12.6k

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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-11-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-11-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-04-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-04-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-04-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-04-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-11-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2016-11-05
    ➕
    SOUTH, Sarah Louise appointed
    director
  15. 2016-04-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-01-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2003-01-08
    🏢
    Company incorporated
    As ACCOUNTANTS T. R. SOUTH & CO LIMITED
  18. 2003-01-08
    ➕
    SOUTH, Sarah appointed
    secretary
  19. 2003-01-08
    ➕
    SOUTH, Trevor Robin appointed
    director
  20. 2003-01-08
    ➕
    JPCORS LIMITED appointed
    corporate-nominee-secretary
  21. 2003-01-08
    ➖
    JPCORS LIMITED resigned
    corporate-nominee-secretary
  22. 2003-01-08
    ➕
    JPCORD LIMITED appointed
    corporate-nominee-director
  23. 2003-01-08
    ➖
    JPCORD LIMITED resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "SOUTH" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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 Trevor Robin South
Individual · British · DOB 11/1978 · age 48
75–100%
—75-100% shares01/07/2016

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

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
Incorporated2003-01-08
Jurisdictionengland-wales
Primary SIC69201 — Accounting and auditing activities

Registered office

51 Harridge Road
Leigh On Sea
Essex
SS9 4HE

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-12-09
Last: 2025-11-25

Officers (3 active · 2 resigned)

SOUTH, Sarah→
secretary · appointed 2003-01-08
View their other companies + combined net worth →
Active
SOUTH, Sarah Louise→
director · ~48y · appointed 2016-11-05
View their other companies + combined net worth →
Active
SOUTH, Trevor Robin→
director · ~48y · appointed 2003-01-08
View their other companies + combined net worth →
Active
JPCORS LIMITED→
corporate-nominee-secretary · appointed 2003-01-08 · resigned 2003-01-08
Resigned
JPCORD LIMITED→
corporate-nominee-director · appointed 2003-01-08 · resigned 2003-01-08
Resigned

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

Recent filings (60 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-25
change-person-director-company-with-change-date
officers · CH01
2025-11-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-08
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-08