AUDIOSERV LIMITED

🌳Matureactive
05219024 · ltd · incorporated 2004-09-01
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£239.2k
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 33140
Sector: Manufacturing
ALSO REGISTERED FOR
  • 33200SIC 33200
  • 71122Engineering related scientific and technical consulting activities
  • 77291Renting and leasing of media entertainment equipment
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), 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: Cash flow review and working-capital discipline. Cash down -52% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 4.9y

35/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~4.9 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £239,168
Net assets shrinking
Down £1,325 YoY
Cash draining
Cash down 52% YoY
Cash YoY
-52%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£25k
↓ 52% YoY
Net Worth
£239k
~ YoY
Current Assets
£116k
↓ 22% YoY
Current Liabilities
£0£48k£96k£144k£192k£240kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Total assets£369.7k£381.7k
Current assets£116.4k£149.8k
Cash£24.7k£51.3k
Debtors£45.5k£61.4k
Net assets£239.2k£240.5k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-09-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-09-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-05-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-05-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-05-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2022-05-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-05-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2022-05-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2022-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-07-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2021-07-23
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC
  17. 2021-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-11-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2020-10-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2020-10-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2020-09-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  22. 2017-10-31
    SPRINGHAM, Marianne appointed
    director
  23. 2006-01-01
    SPRINGHAM, Marianne appointed
    secretary
  24. 2006-01-01
    ROLLINSON, Peter Bruce resigned
    secretary
  25. 2006-01-01
    MOSSADEGHI, Teymour John resigned
    director
  26. 2004-09-01
    🏢
    Company incorporated
    As AUDIOSERV LIMITED
  27. 2004-09-01
    ROLLINSON, Peter Bruce appointed
    director
  28. 2004-09-01
    ROLLINSON, Peter Bruce appointed
    secretary
  29. 2004-09-01
    MOSSADEGHI, Teymour John appointed
    director

Owner dependency

68/100
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.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.

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 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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
NameSharesVoting rightsNature of controlNotified
Ms Marianne Springham
Individual · British · DOB 03/1973 · age 53
2550%
25–50%25-50% shares · 25-50% voting01/10/2017
Mr Peter Bruce Rollinson
Individual · British · DOB 07/1978 · age 48
2550%
25–50%25-50% shares · 25-50% voting07/04/2016

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

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
Incorporated2004-09-01
Jurisdictionengland-wales
Primary SIC33140 — SIC 33140

Registered office

Unit 4c Richardshaw Business Centre
Grangefield Industrial Estate
Pudsey
LS28 6RW
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-15
Last: 2025-09-01

Officers (3 active · 2 resigned)

SPRINGHAM, Marianne
secretary · appointed 2006-01-01
View their other companies + combined net worth →
Active
ROLLINSON, Peter Bruce
director · ~48y · appointed 2004-09-01
View their other companies + combined net worth →
Active
SPRINGHAM, Marianne
director · ~53y · appointed 2017-10-31
View their other companies + combined net worth →
Active
ROLLINSON, Peter Bruce
secretary · appointed 2004-09-01 · resigned 2006-01-01
Resigned
MOSSADEGHI, Teymour John
director · ~49y · appointed 2004-09-01 · resigned 2006-01-01
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 UK Bank PLC
A registered charge1 property23/07/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-06
change-person-director-company-with-change-date
officers · CH01
2022-09-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-18
change-person-director-company-with-change-date
officers · CH01
2022-05-17
change-person-director-company-with-change-date
officers · CH01
2022-05-17