ACCESS ENGINEERING SUPPLIES LIMITED
🌳Matureactive
06406682 · ltd · incorporated 2007-10-23
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 Oct 2024
Net worth
£13.6k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Agents involved in the sale of a variety of goods
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 71-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 18.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £13,631
Net assets shrinking
Down £27,782 YoY
Cash draining
Cash down 43% YoY
Cash YoY
-43%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£59k
↓ 43% YoY
Net Worth
£14k
↓ 67% YoY
Current Assets
£610k
↑ 22% YoY
Current Liabilities
—
Hover 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 | £166.8k | £148.4k |
| Current assets | £609.9k | £500.7k |
| Cash | £58.6k | £103.6k |
| Debtors | £459.6k | £314.9k |
| Net assets | £13.6k | £41.4k |
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 (28 events)Click to expand
- 2025-12-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-26📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-04📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-06-16🔒Charge registered #3Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) (Company Number SC001111)
- 2020-05-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-12-16📄change-person-director-company-with-change-dateofficers · CH01
- 2008-01-18🔒Charge registered #2Lender: Coventry Turned Parts Limited
- 2007-12-21🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2007-11-06➕KENILWORTH TRADING LIMITED appointedcorporate-secretary
- 2007-11-06➖KENILWORTH TRADING LIMITED resignedcorporate-secretary
- 2007-10-25➖ABERGAN REED LIMITED resignedcorporate-director
- 2007-10-23🏢Company incorporatedAs ACCESS ENGINEERING SUPPLIES LIMITED
- 2007-10-23➕BERNARD ROGERS & CO appointedcorporate-secretary
- 2007-10-23➕BELL, James Andrew appointeddirector
- 2007-10-23➕NICHOLLS, Adam Jonathan appointeddirector
- 2007-10-23➕WRIGHT, David Nigel appointeddirector
- 2007-10-23➕ABERGAN REED LIMITED appointedcorporate-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Adam Jonathan Nicholls Individual · British · DOB 03/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 23/10/2016 |
Mr James Andrew Bell Individual · British · DOB 03/1978 · age 48 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 23/10/2016 |
Mr David Nigel Wright Individual · British · DOB 12/1955 · age 71 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 23/10/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · CV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST MACHINERY AUCTIONS LIMITED→ 06807613 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| A DI MARIA & SONS LTD→ 11841236 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AAV GLOBAL TRADERS LTD→ 16881661 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB COVENTRY WHOLESALES LIMITED→ 16272168 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AB HORT LIMITED→ 15558072 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ABC RFID LIMITED→ 14943066 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABISTOUCH SALON & COSMETIC PRODUCTS LIMITED→ 15046469 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABLAZING LTD→ 15791071 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABRASIVE POWER TOOLS LIMITED→ 03671997 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| ABS PROMO CO., LTD→ 16008199 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACCESSIBLE AVENUE CO., LTD→ 15803219 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACE COUTURE STUDIO LTD→ 15562177 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2007-10-23
Jurisdictionengland-wales
Primary SIC46190 — Agents involved in the sale of a variety of goods
Registered office
Access Engineering Supplies Ltd Unit 20 Hawkes Drive
Heathcote Industrial Estate
Warwick
Warwickshire
CV34 6LX
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31
Officers (4 active · 2 resigned)
BERNARD ROGERS & CO→
Activecorporate-secretary · appointed 2007-10-23
View their other companies + combined net worth →
BELL, James Andrew→
Activedirector · ~48y · appointed 2007-10-23
View their other companies + combined net worth →
NICHOLLS, Adam Jonathan→
Activedirector · ~57y · appointed 2007-10-23
View their other companies + combined net worth →
WRIGHT, David Nigel→
Activedirector · ~71y · appointed 2007-10-23
View their other companies + combined net worth →
KENILWORTH TRADING LIMITED→
Resignedcorporate-secretary · appointed 2007-11-06 · resigned 2007-11-06
ABERGAN REED LIMITED→
Resignedcorporate-director · appointed 2007-10-23 · resigned 2007-10-25
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 16/06/2020 | — | |
| outstanding | Coventry Turned Parts Coventry Turned Parts Limited | Rent deposit deed | 1 property | 18/01/2008 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 21/12/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (63 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
change-person-director-company-with-change-date
officers · CH01
2024-01-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-14
change-person-director-company-with-change-date
officers · CH01
2022-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-08