ACCOUNTANCY WORKS LIMITED

🌳Matureactive
05184766 · ltd · incorporated 2004-07-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 18.2y old — refinance window within 12 months
🔒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: Accounting and auditing activities
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 69203Tax consultancy
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 18.2y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 18.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
60 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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees0

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

Recent activity

Last 30 days
1
filing
  • 1 miscellaneous
Last 90 days
2
filings
  • 1 miscellaneous
  • 1 officers
Last 180 days
2
filings
  • 1 miscellaneous
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-05-21
    📄
    legacy
    miscellaneous · RP01PSC01
  2. 2026-05-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-04-01
    TAKHAR, Baljit Singh appointed
    director
  4. 2025-11-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-12-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-07-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-09-20
    TAKHAR, Kuldip Kaur appointed
    director
  13. 2019-09-19
    TAKHAR, Baljit Singh resigned
    director
  14. 2019-09-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2018-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2015-12-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2008-03-27
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  20. 2005-03-11
    TAKHAR, Kuldip Kaur appointed
    secretary
  21. 2005-03-11
    TAKHAR, Baljit Singh appointed
    director
  22. 2004-07-20
    🏢
    Company incorporated
    As ACCOUNTANCY WORKS LIMITED
  23. 2004-07-20
    HCS SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  24. 2004-07-20
    HCS SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  25. 2004-07-20
    HANOVER DIRECTORS LIMITED appointed
    corporate-nominee-director
  26. 2004-07-20
    HANOVER DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 Baljit Singh Takhar
Individual · British · DOB 04/1967 · age 59
75100%
75-100% shares06/04/2016

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

6 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
Incorporated2004-07-20
Jurisdictionengland-wales
Primary SIC69201 — Accounting and auditing activities

Registered office

Nishkam Centre 6 Soho Road
Handsworth
Birmingham
B21 9BH

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-17
Last: 2025-07-03

Officers (3 active · 3 resigned)

TAKHAR, Kuldip Kaur
secretary · appointed 2005-03-11
View their other companies + combined net worth →
Active
TAKHAR, Baljit Singh
director · ~59y · appointed 2026-04-01
View their other companies + combined net worth →
Active
TAKHAR, Kuldip Kaur
director · ~59y · appointed 2019-09-20
View their other companies + combined net worth →
Active
HCS SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 2004-07-20 · resigned 2004-07-20
Resigned
TAKHAR, Baljit Singh
director · ~59y · appointed 2005-03-11 · resigned 2019-09-19
Resigned
HANOVER DIRECTORS LIMITED
corporate-nominee-director · appointed 2004-07-20 · resigned 2004-07-20
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property27/03/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (60 total)

legacy
miscellaneous · RP01PSC01
2026-05-21
appoint-person-director-company-with-name-date
officers · AP01
2026-05-07
accounts-with-accounts-type-dormant
accounts · AA
2025-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-31
appoint-person-director-company-with-name-date
officers · AP01
2020-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-14