ACRO LIMITED

💤Zombieactive
06923663 · ltd · incorporated 2009-06-03
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 Jun 2024
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Wholesale of textiles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47510SIC 47510
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

1 live charge · oldest 12.1y

45/100
under pressure

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

  • · Oldest live charge is 12.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
43 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

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-30
Average employees100

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-08-17
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  10. 2018-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-03-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-05-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2016-03-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-11-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-03-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-04-28
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  17. 2009-08-04
    ARPACI, Cihan appointed
    director
  18. 2009-08-04
    ARPACI, Cihan appointed
    secretary
  19. 2009-08-04
    ARPACI, Cihan resigned
    secretary
  20. 2009-08-04
    HOLDER, Michael resigned
    director
  21. 2009-06-03
    🏢
    Company incorporated
    As ACRO LIMITED
  22. 2009-06-03
    HOLDER, Michael appointed
    director

Owner dependency

85/100
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.
  • +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 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 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

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 Cihan Arpaci
Individual · British · DOB 11/1985 · age 41
5075%
50-75% shares04/11/2016
Mr Cuma Arpaci
Individual · British · DOB 06/1959 · age 67
2550%
25-50% shares04/11/2016

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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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
Incorporated2009-06-03
Jurisdictionengland-wales
Primary SIC46410 — Wholesale of textiles

Registered office

291 Green Lanes
London
N13 4XS
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14

Officers (1 active · 2 resigned)

ARPACI, Cihan
director · ~41y · appointed 2009-08-04
View their other companies + combined net worth →
Active
ARPACI, Cihan
secretary · appointed 2009-08-04 · resigned 2009-08-04
Resigned
HOLDER, Michael
director · ~65y · appointed 2009-06-03 · resigned 2009-08-04
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge28/04/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-26
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-24
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-25