ACCOUNTANCY & BUSINESS ADVISORY SERVICES LIMITED

💤Zombieactive
07679336 · ltd · incorporated 2011-06-22
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
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Turnover
year to Jun 2024
Net worth
£582.6k
book net assets
Opportunity
78/100
Strong
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What this business does

Day-to-day, this business most likely provides bookkeeping, accounting, and broader management consultancy services to small businesses and individuals, helping clients maintain financial records, meet compliance obligations, and navigate operational or strategic challenges.

Primary activity: Bookkeeping activities
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 70229Management consultancy activities other than financial management
Investor take
Pursue
Asset-holding vehicle with a 76-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 76). 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 (73/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
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 £582,640

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
Net Worth
£583k
Current Assets
£1.4m
Current Liabilities
£0£276k£551k£827k£1.1m£1.4mJun 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£582.6k
Current assets£1.38M
Cash£1.7k
Debtors£1.38M
Net assets£582.6k
Average employees300

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

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 (19 events)Click to expand
  1. 2025-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-02-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2024-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-02-01
    WALTERS, Carol Ann resigned
    director
  5. 2023-05-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-01-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2020-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-06-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2017-03-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-12-23
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  15. 2016-11-06
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  16. 2016-11-06
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  17. 2011-06-22
    🏢
    Company incorporated
    As ACCOUNTANCY & BUSINESS ADVISORY SERVICES LIMITED
  18. 2011-06-22
    WALTERS, Raymond appointed
    director
  19. 2011-06-22
    WALTERS, Carol Ann appointed
    director

Owner dependency

90/100
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 age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • 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
Mrs Carol Ann Walters
Individual · British · DOB 09/1950 · age 76
2550%
25-50% shares22/06/2017
Mr Raymond Walters
Individual · British · DOB 01/1950 · age 76
sig. influencesignificant influence22/06/2017

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

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2011-06-22
Jurisdictionengland-wales
Primary SIC69202 — Bookkeeping activities

Registered office

Suite A, 4-6 Canfield Place
London
NW6 3BT

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-01-31
Last: 2026-01-17

Officers (1 active · 1 resigned)

WALTERS, Raymond
director · ~76y · appointed 2011-06-22
View their other companies + combined net worth →
Active
WALTERS, Carol Ann
director · ~76y · appointed 2011-06-22 · resigned 2024-02-01
Resigned

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

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05
termination-director-company-with-name-termination-date
officers · TM01
2025-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-30