ACCESSORIES WAREHOUSE LIMITED

💤Zombieactive

04831491 · ltd · incorporated 2003-07-14

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 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 18129

Sector: Manufacturing

ALSO REGISTERED FOR

47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
47910Retail sale via mail order houses or via Internet
63990Other information service activities n.e.c.

Investor take

Pursue

Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). 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 (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 4 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

6 officers (2 active, 6 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

70 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 · FRS 102

Metric	2025-03-31	2024-03-31
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

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-12-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-12
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accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
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accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-12
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accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-09
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accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-01
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accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-05
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accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-13
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accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-01
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-07-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-07
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-07-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-07-15
➖
TEH, Leng Leng, Dr resigned
director
2008-09-02
➕
TEH, Leng Leng, Dr appointed
director
2006-02-01
➕
TEH, Leng Leng, Dr appointed
secretary
2006-02-01
➖
PURKISS, Jean Winifred resigned
secretary
2003-07-16
➕
PURKISS, Keith Alan appointed
director
2003-07-16
➕
PURKISS, Jean Winifred appointed
secretary
2003-07-16
➖
HCS SECRETARIAL LIMITED resigned
corporate-nominee-secretary
2003-07-16
➖
HANOVER DIRECTORS LIMITED resigned
corporate-nominee-director
2003-07-14
🏢
Company incorporated
As ACCESSORIES WAREHOUSE LIMITED
2003-07-14
➕
HCS SECRETARIAL LIMITED appointed
corporate-nominee-secretary
2003-07-14
➕
HANOVER DIRECTORS LIMITED appointed
corporate-nominee-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 23 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 64 — approaching natural succession window.

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 64. 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 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Keith Alan Purkiss Individual · British · DOB 07/1962 · age 64	25–50%	50–75%	board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence	14/07/2016
Dr Leng Leng Teh Individual · Malaysian · DOB 02/1972 · age 54	25–50%	—	25-50% shares	14/07/2016

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 →

Similar companies

Active · Manufacturing · CA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A J & D CHAPELHOW (CLIBURN) LIMITED→ 10314645 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
A.J. JOHNSON LIMITED→ 04693127 · est 2003 · no financials extracted	—	—	—	—	23y	—	—
A.R.B BLADE SERVICES LTD→ 14599521 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
AB ENERGY CENTRE LTD→ 11665763 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
AB GROUP (ALBION) LIMITED→ 00328818 · est 1937 · no financials extracted	—	—	—	—	88y	—	—
ABBEY ELECTRICAL (CUMBRIA) LIMITED→ 04499675 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
ACORN CURTAINS AND BLINDS LTD→ 11368962 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ACOUSTIC DOOR LTD→ 08781306 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
ADL BESPOKE LTD→ 14970610 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ADVENTURE SPORT SERVICES LTD→ 12734659 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AILEARNINGUK LTD→ 17129423 · est 2026 · no financials extracted	—	—	—	—	—	—	—
AJW ENGINEERING (CUMBRIA) LIMITED→ 10314389 · est 2016 · no financials extracted	—	—	—	—	9y	—	—

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

Incorporated2003-07-14

Jurisdictionengland-wales

Primary SIC18129 — SIC 18129

Registered office

76-77 Lowther Street

Whitehaven

Cumbria

CA28 7RB

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-07-22

Last: 2025-07-08

Officers (2 active · 4 resigned)

TEH, Leng Leng, Dr→

secretary · appointed 2006-02-01

View their other companies + combined net worth →

Active

PURKISS, Keith Alan→

director · ~64y · appointed 2003-07-16

View their other companies + combined net worth →

Active

PURKISS, Jean Winifred→

secretary · appointed 2003-07-16 · resigned 2006-02-01

Resigned

HCS SECRETARIAL LIMITED→

corporate-nominee-secretary · appointed 2003-07-14 · resigned 2003-07-16

Resigned

TEH, Leng Leng, Dr→

director · ~54y · appointed 2008-09-02 · resigned 2013-07-15

Resigned

HANOVER DIRECTORS LIMITED→

corporate-nominee-director · appointed 2003-07-14 · resigned 2003-07-16

Resigned

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