ADDY MURGATROYD ACCOUNTANTS LTD

💤Zombieactive
06486268 · ltd · incorporated 2008-01-28
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 Mar 2025
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. 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 (58/100).

🏦

Refinance opportunity

2 live charges · oldest 9.3y

45/100
under pressure

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

  • · Oldest live charge is 9.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£25k£50k£75k£101k£126kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£167.4k
Current assets£69.2k
Net assets£125.6k
Average employees400

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-03-23
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  6. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-04-10
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  10. 2018-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-04-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2017-04-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2017-04-10
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  15. 2017-04-10
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  16. 2016-12-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-02-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2011-01-28
    ADDY, Michelle Joanne resigned
    secretary
  19. 2008-01-28
    🏢
    Company incorporated
    As ADDY MURGATROYD ACCOUNTANTS LTD
  20. 2008-01-28
    ADDY, Robert Michael appointed
    director
  21. 2008-01-28
    ADDY, Michelle Joanne appointed
    secretary

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.
  • +Founder name in company name: Company name contains director surname "ADDY" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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%
NameSharesVoting rightsNature of controlNotified
Mr Robert Michael Addy
Individual · British · DOB 03/1976 · age 50
75100%
75-100% shares06/04/2016

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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13272680 · est 2021 · no financials extracted
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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
Typeltd
Incorporated2008-01-28
Jurisdictionengland-wales
Primary SIC69201 — Accounting and auditing activities

Registered office

16-18 Station Street, Meltham
Holmfirth
West Yorkshire
HD9 5QL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-11
Last: 2026-01-28

Officers (1 active · 1 resigned)

ADDY, Robert Michael
director · ~50y · appointed 2008-01-28
View their other companies + combined net worth →
Active
ADDY, Michelle Joanne
secretary · appointed 2008-01-28 · resigned 2011-01-28
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property10/04/2017
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property10/04/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (44 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-01
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2022-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-02
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-20