ADROIT ACCOUNTAX LIMITED

🌳Matureactive
06633409 · ltd · incorporated 2008-06-30
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
year to Jun 2024
Net worth
£704.6k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (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: Cash flow review and working-capital discipline. Cash down -75% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (82/100)

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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £704,611
Cash draining
Cash down 75% YoY
Cash YoY
-75%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£64k
↓ 75% YoY
Net Worth
£705k
↑ 5.7% YoY
Current Assets
£487k
↓ 26% YoY
Current Liabilities
£0£141k£282k£423k£564k£705kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30
Total assets£943.7k£1.03M
Current assets£487.0k£655.5k
Cash£64.0k£256.5k
Debtors£423.0k£398.9k
Net assets£704.6k£666.8k

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

🔒Filing-note intelligence

4 signals 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 (23 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-06-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-10-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-10-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-10-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-10-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-08-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2019-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-06-01
    IQBAL, Madiha appointed
    director
  16. 2018-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-07-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2014-09-18
    IQBAL, Madiha resigned
    director
  19. 2013-07-01
    IQBAL, Madiha appointed
    director
  20. 2013-07-01
    IQBAL, Madiha resigned
    director
  21. 2012-07-01
    IQBAL, Madiha appointed
    director
  22. 2008-06-30
    🏢
    Company incorporated
    As ADROIT ACCOUNTAX LIMITED
  23. 2008-06-30
    KHAWAJA, Mahin appointed
    director

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Mahin Khawaja
Individual · British · DOB 03/1984 · age 42
2550%
25-50% shares06/04/2016
Ms Madiha Iqbal
Individual · British · DOB 09/1984 · age 42
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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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16422831 · est 2025 · no financials extracted
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16525120 · est 2025 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2008-06-30
Jurisdictionengland-wales
Primary SIC69201 — Accounting and auditing activities

Registered office

Unit 8 Surrey Quays Road
London
SE16 2XU

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (2 active · 2 resigned)

IQBAL, Madiha
director · ~42y · appointed 2018-06-01
View their other companies + combined net worth →
Active
KHAWAJA, Mahin
director · ~42y · appointed 2008-06-30
View their other companies + combined net worth →
Active
IQBAL, Madiha
director · ~42y · appointed 2013-07-01 · resigned 2014-09-18
Resigned
IQBAL, Madiha
director · ~42y · appointed 2012-07-01 · resigned 2013-07-01
Resigned

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

Recent filings (58 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-30
change-person-director-company-with-change-date
officers · CH01
2024-06-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-06
change-person-director-company-with-change-date
officers · CH01
2023-10-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-31