2E ACCOUNTANTS LTD.
💤Zombieactive
06768630 · ltd · incorporated 2008-12-09
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
£81.1k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
- 69202Bookkeeping activities
Investor take
PursueStrong 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 4.9y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.9 years — mid-life; refi window approaching.
- · 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, 2 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
2 connected companies via shared directors
51
Filing history
57 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.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £81,102
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£81k
↑ 27% YoY
Current Assets
£114k
↑ 11% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £342.7k | £377.5k |
| Current assets | £114.0k | £103.1k |
| Net assets | £81.1k | £64.1k |
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 (22 events)Click to expand
- 2025-10-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-24📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-06-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-06-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-06-18🔒Charge registered #2Lender: Wesleyan Bank Limited
- 2021-06-18🔒Charge registered #1Lender: Wesleyan Bank Limited
- 2021-02-16➖PIENAAR, Derek Rocky resignedsecretary
- 2021-02-16📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-02-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-04-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-07-01➕PIENAAR, Derek Rocky appointedsecretary
- 2018-06-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2008-12-09🏢Company incorporatedAs 2E ACCOUNTANTS LTD.
- 2008-12-09➕WASTI, Syed Rizwan appointeddirector
Owner dependency
85/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple 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 17 years.
- secondaryStable-but-static management: Company is 17 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Syed Rizwan Wasti Individual · British · DOB 09/1975 · age 51 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
Active · Professional services · SE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 14 STARS ENGINEERING CONSULTANCY LTD→ 14500955 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1983 ADVISORY LIMITED→ 14973822 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1HQ SOLUTIONS LIMITED→ 10212231 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 1ST SOLUTION CONSULTANCY LTD→ 16141066 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 21ST CENTURY RECRUIT LIMITED→ 03901185 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| 25-28 LIMITED→ 10385315 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 28 AEGIS ADVISORY LTD→ 16439163 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 28 SQUARED LTD→ 16116375 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2SAL CONSULTANCY LTD→ 12369742 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 2XL CAPITAL PARTNERS LTD→ 12458454 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 2XROI LTD→ 15531254 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 30A ARCHITECTURE LTD→ 11507502 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2008-12-09
Jurisdictionengland-wales
Primary SIC69201 — Accounting and auditing activities
Registered office
Unit 11, Flamingo Court
81 Crampton Street
London
SE17 3BF
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-19
Last: 2026-01-05
Officers (1 active · 1 resigned)
WASTI, Syed Rizwan→
Activedirector · ~51y · appointed 2008-12-09
View their other companies + combined net worth →
PIENAAR, Derek Rocky→
Resignedsecretary · appointed 2019-07-01 · resigned 2021-02-16
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Wesleyan Bank Wesleyan Bank Limited | A registered charge | — | 18/06/2021 | — | |
| outstanding | Wesleyan Bank Wesleyan Bank Limited | A registered charge | 1 property | 18/06/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (57 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-19
change-person-director-company-with-change-date
officers · CH01
2024-05-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-11-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-06-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-06-22