ACCEPT CAR CREDIT LIMITED

💤Zombieactive

05264401 · ltd · incorporated 2004-10-20

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

£698.1k

book net assets

Opportunity

82/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

Sector: Financial & insurance

Investor take

Pursue

Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). 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).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 12.4y

30/100

under pressure

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

· Oldest live charge is 12.4 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

4 officers (1 active, 4 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

3 connected companies via shared directors

Filing history

61 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £698,062

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£698k

↑ 12% YoY

Current Assets

£820k

↓ 9.4% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-09-30	2023-09-30
Total assets	£701.8k	£625.0k
Current assets	£820.2k	£905.8k
Net assets	£698.1k	£621.1k

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

filings

Last 90 days

filings

• 1 officers
• 1 persons-with-significant-control
• 1 address

Last 180 days

filings

• 1 officers
• 1 persons-with-significant-control
• 1 address

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2026-06-10
📄
change-person-director-company-with-change-date
officers · CH01
2026-06-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-13
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-08
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-04-08
🔓
Charge satisfied #1
2020-04-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-31
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-05-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-03-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-06
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2016-06-03
🔒
Charge registered #2
Lender: Siemens Financial Services Limited
2014-02-26
🔒
Charge registered #1
Lender: Shawbrook Bank Limited
2010-05-17
➖
MULHALL, Gillian Mary resigned
secretary
2004-10-21
➕
MULHALL, Neil appointed
director
2004-10-21
➕
MULHALL, Gillian Mary appointed
secretary
2004-10-21
➖
WESTCO NOMINEES LIMITED resigned
corporate-secretary
2004-10-21
➖
WESTCO DIRECTORS LTD resigned
corporate-director
2004-10-20
🏢
Company incorporated
As ACCEPT CAR CREDIT LIMITED
2004-10-20
➕
WESTCO NOMINEES LIMITED appointed
corporate-secretary
2004-10-20
➕
WESTCO DIRECTORS LTD appointed
corporate-director

Owner dependency

100/100

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 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.

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 67. 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 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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Neil Mulhall Individual · British · DOB 07/1959 · age 67	75–100%	—	75-100% shares	24/10/2016

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 · Financial services · HX postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CARAVAN GUARD LIMITED→ 04036555 · est 2000	£23.28M £16.93M–£29.62M	£14.98M	—	11400	26y	94	77y
IFT WEALTH MANAGEMENT LTD→ 07325816 · est 2010	—	—	—	7	15y	82	71y
ADVENT CORPORATE FINANCE LIMITED→ 05052253 · est 2004	—	—	£6.9k	—	22y	80	63y
BOLSOVER RENDER FINANCIAL PLANNING LTD→ 07625126 · est 2011	—	—	—	200	15y	80	58y
FORTRESS MANAGEMENT SERVICES (UK) LIMITED→ 03805421 · est 1999	—	—	£33.7k	—	26y	80	74y
HOMES TO OWN MORTGAGES LTD→ 10807525 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
JOY X CAPITAL LTD→ 15871400 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
MOKOSZ LTD→ 16636480 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MSDAA INNOVATIONS LIMITED→ 15174789 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
REVIVE CRYPTO LIMITED→ 14871738 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
SHIELD FINANCIAL SOLUTIONS LTD→ 11545031 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
SMOKED INCORPORATED LTD→ 10998811 · est 2017 · no financials extracted	—	—	—	—	8y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2004-10-20

Jurisdictionengland-wales

Primary SIC64921 — Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

Registered office

52 Oliver Meadows

Elland

HX5 9HA

England

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-11-07

Last: 2025-10-24

Officers (1 active · 3 resigned)

MULHALL, Neil→

director · ~67y · appointed 2004-10-21

View their other companies + combined net worth →

Active

MULHALL, Gillian Mary→

secretary · appointed 2004-10-21 · resigned 2010-05-17

Resigned

WESTCO NOMINEES LIMITED→

corporate-secretary · appointed 2004-10-20 · resigned 2004-10-21

Resigned

WESTCO DIRECTORS LTD→

corporate-director · appointed 2004-10-20 · resigned 2004-10-21

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Siemens Financial Services Siemens Financial Services Limited	A registered charge	—	03/06/2016	—
	satisfied	Shawbrook Shawbrook Bank Limited	A registered charge	1 property	26/02/2014	08/04/2021

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

change-person-director-company-with-change-date

officers · CH01

2026-06-10

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2026-06-10

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-05-13