AAC LEISURE LIMITED

💤Zombieactive
05335196 · ltd · incorporated 2005-01-18
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 Dec 2024
Net worth
£58.9k
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 45190
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). 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: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
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
80
Strong succession / seller-readiness signals.
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 £58,856
Net assets shrinking
Down £6,333 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£59k
↓ 9.7% YoY
Current Assets
£26k
↓ 58% YoY
Current Liabilities
—
£0£13k£26k£39k£52k£65kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£51.1k£56.8k
Current assets£25.9k£62.3k
Net assets£58.9k£65.2k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-02-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2020-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-02-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2019-12-31
    ➖
    WELFORD, Glen Audus resigned
    director
  10. 2019-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-09-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-01-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-11-12
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  16. 2015-11-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2011-10-24
    ➕
    WELFORD, Glen Audus appointed
    director
  18. 2011-09-30
    ➖
    DAVIS, Colin resigned
    secretary
  19. 2011-09-30
    ➖
    DAVIS, Colin resigned
    director
  20. 2011-09-30
    ➖
    OATES, Andrea Kay resigned
    director
  21. 2005-01-18
    🏢
    Company incorporated
    As AAC LEISURE LIMITED
  22. 2005-01-18
    ➕
    COWIE, Alistair Gordon appointed
    director
  23. 2005-01-18
    ➕
    DAVIS, Colin appointed
    secretary
  24. 2005-01-18
    ➕
    BRIGHTON SECRETARY LTD appointed
    corporate-nominee-secretary
  25. 2005-01-18
    ➖
    BRIGHTON SECRETARY LTD resigned
    corporate-nominee-secretary
  26. 2005-01-18
    ➕
    DAVIS, Colin appointed
    director
  27. 2005-01-18
    ➕
    OATES, Andrea Kay appointed
    director
  28. 2005-01-18
    ➕
    BRIGHTON DIRECTOR LTD appointed
    corporate-nominee-director
  29. 2005-01-18
    ➖
    BRIGHTON DIRECTOR LTD resigned
    corporate-nominee-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 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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
NameSharesVoting rightsNature of controlNotified
Mr Alistair Gordon Cowie
Individual · British · DOB 11/1954 · age 72
25–50%
—25-50% shares01/07/2016

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 · Automotive · NE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
5 STAR TYRES AND SERVICES LIMITED→
16672196 · est 2025 · no financials extracted
———————
A M CAR SALES (NORTH EAST) LIMITED→
10440117 · est 2016 · no financials extracted
————9y——
A.M EXECUTIVE CARS LIMITED→
15954686 · est 2024 · no financials extracted
————1y——
A14 TYRES LIMITED→
03768991 · est 1999 · no financials extracted
————26y——
AARON'S MOBILE VEHICLE REPAIRS LTD→
10474840 · est 2016 · no financials extracted
————9y——
ABRA MOT CENTRE LIMITED→
05800471 · est 2006 · no financials extracted
————19y——
ABS CAR SALES LTD→
15353317 · est 2023 · no financials extracted
————2y——
ACS SERVICES N.E LTD→
15750904 · est 2024 · no financials extracted
————1y——
ADAIR AUTOMOTIVE LTD→
16648128 · est 2025 · no financials extracted
———————
AFFORDABLE CARS NORTH EAST LTD→
14660203 · est 2023 · no financials extracted
————3y——
AJ CARS NE LTD→
16368174 · est 2025 · no financials extracted
————1y——
AJC CAR SALES LTD→
12224878 · est 2019 · no financials extracted
————6y——
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
Incorporated2005-01-18
Jurisdictionengland-wales
Primary SIC45190 — SIC 45190

Registered office

103 Station Road
Ashington
NE63 8RS
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-01
Last: 2026-01-18

Officers (1 active · 6 resigned)

COWIE, Alistair Gordon→
director · ~72y · appointed 2005-01-18
View their other companies + combined net worth →
Active
DAVIS, Colin→
secretary · appointed 2005-01-18 · resigned 2011-09-30
Resigned
BRIGHTON SECRETARY LTD→
corporate-nominee-secretary · appointed 2005-01-18 · resigned 2005-01-18
Resigned
DAVIS, Colin→
director · ~69y · appointed 2005-01-18 · resigned 2011-09-30
Resigned
OATES, Andrea Kay→
director · ~64y · appointed 2005-01-18 · resigned 2011-09-30
Resigned
WELFORD, Glen Audus→
director · ~67y · appointed 2011-10-24 · resigned 2019-12-31
Resigned
BRIGHTON DIRECTOR LTD→
corporate-nominee-director · appointed 2005-01-18 · resigned 2005-01-18
Resigned

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

Recent filings (60 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-08
termination-director-company-with-name-termination-date
officers · TM01
2021-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-18
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2020-02-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-02-12