ASSOCIATION OF INTERNATIONAL FINANCIAL ACCOUNTANTS

💤Zombieactive
06113107 · private-limited-guarant-nsc-limited-exemption · incorporated 2007-02-16
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 Feb 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Activities of professional membership organisations
Sector: Other service activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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
9 officers (2 active, 9 linked, 6 with DOB)
83
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
59 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29

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
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-09-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-08-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-09-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-08-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-04-27
    ➕
    TURNBULL, Philip John Jeffrey appointed
    director
  6. 2022-04-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2021-10-14
    ➖
    BRADLEY, Leslie David resigned
    director
  8. 2021-10-14
    ➖
    FORD, Philip Martin resigned
    director
  9. 2021-10-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2021-10-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-08-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-08-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2020-08-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2019-10-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-08-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2019-07-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2019-07-19
    ➖
    MOALLEMI, Shahram resigned
    director
  18. 2018-10-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2017-10-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2016-10-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2015-04-30
    ➕
    FORD, Philip Martin appointed
    director
  22. 2015-04-30
    ➕
    MOALLEMI, Shahram appointed
    director
  23. 2015-04-30
    ➖
    TURNBULL, John Robert Arthur resigned
    director
  24. 2015-04-30
    ➖
    TURNBULL, Philip John Jeffrey resigned
    director
  25. 2014-04-25
    ➕
    BRADLEY, Leslie David appointed
    director
  26. 2007-02-16
    🏢
    Company incorporated
    As ASSOCIATION OF INTERNATIONAL FINANCIAL ACCOUNTANTS
  27. 2007-02-16
    ➕
    TURNBULL, Philip John Jeffrey appointed
    secretary
  28. 2007-02-16
    ➕
    JL NOMINEES TWO LIMITED appointed
    corporate-nominee-secretary
  29. 2007-02-16
    ➖
    JL NOMINEES TWO LIMITED resigned
    corporate-nominee-secretary
  30. 2007-02-16
    ➕
    TURNBULL, John Robert Arthur appointed
    director
  31. 2007-02-16
    ➕
    TURNBULL, Philip John Jeffrey appointed
    director
  32. 2007-02-16
    ➕
    JL NOMINEES ONE LIMITED appointed
    corporate-nominee-director
  33. 2007-02-16
    ➖
    JL NOMINEES ONE LIMITED resigned
    corporate-nominee-director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

75/100
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 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.

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 Philip John Jeffrey Turnbull
Individual · British · DOB 06/1963 · age 63
——sig. influencesignificant influence06/04/2016

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

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
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated2007-02-16
Jurisdictionengland-wales
Primary SIC94120 — Activities of professional membership organisations

Registered office

Staithes 3 The Watermark
Metro Riverside
Newcastle Upon Tyne
Tyne & Wear
NE11 9SN

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04

Officers (2 active · 7 resigned)

TURNBULL, Philip John Jeffrey→
secretary · appointed 2007-02-16
View their other companies + combined net worth →
Active
TURNBULL, Philip John Jeffrey→
director · ~63y · appointed 2022-04-27
View their other companies + combined net worth →
Active
JL NOMINEES TWO LIMITED→
corporate-nominee-secretary · appointed 2007-02-16 · resigned 2007-02-16
Resigned
BRADLEY, Leslie David→
director · ~82y · appointed 2014-04-25 · resigned 2021-10-14
Resigned
FORD, Philip Martin→
director · ~76y · appointed 2015-04-30 · resigned 2021-10-14
Resigned
MOALLEMI, Shahram→
director · ~73y · appointed 2015-04-30 · resigned 2019-07-19
Resigned
TURNBULL, John Robert Arthur→
director · ~93y · appointed 2007-02-16 · resigned 2015-04-30
Resigned
TURNBULL, Philip John Jeffrey→
director · ~63y · appointed 2007-02-16 · resigned 2015-04-30
Resigned
JL NOMINEES ONE LIMITED→
corporate-nominee-director · appointed 2007-02-16 · resigned 2007-02-16
Resigned

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

Recent filings (59 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-06
accounts-with-accounts-type-dormant
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-07
accounts-with-accounts-type-dormant
accounts · AA
2023-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-09
accounts-with-accounts-type-dormant
accounts · AA
2022-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-04
appoint-person-director-company-with-name-date
officers · AP01
2022-04-27
termination-director-company-with-name-termination-date
officers · TM01
2021-10-14
termination-director-company-with-name-termination-date
officers · TM01
2021-10-14
accounts-with-accounts-type-dormant
accounts · AA
2021-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-08-27
accounts-with-accounts-type-dormant
accounts · AA
2020-08-26