ANDREW THOMAS ACCOUNTANCY LIMITED
- · Oldest live charge 13.5y old — refinance window within 12 months
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. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 13.5y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £367.6k | £461.0k |
| Current assets | £448.6k | £431.9k |
| Cash | £195.8k | £220.8k |
| Debtors | £230.9k | £196.7k |
| Net assets | £366.0k | £457.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (21 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-07-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-07-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-07-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-07-14📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-06-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-06📄change-person-director-company-with-change-dateofficers · CH01
- 2017-11-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-07-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2013-01-18🔒Charge registered #1Lender: Barclays Bank PLC
- 2011-04-28➕NICHOLAIDES, Andrew Fanos appointeddirector
- 2011-04-28➖HOULDSWORTH, Hannah Kate resignedsecretary
- 2007-07-13🏢Company incorporatedAs ANDREW THOMAS ACCOUNTANCY LIMITED
- 2007-07-13➕HOULDSWORTH, Thomas Andrew appointeddirector
- 2007-07-13➕HOULDSWORTH, Hannah Kate appointedsecretary
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Thomas Andrew Houldsworth Individual · British · DOB 01/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Andrew Fanos Nicholaides Individual · British · DOB 08/1970 · age 56 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 18/01/2013 | — |