ACCESS COMMERCIAL LTD

🚨Distressedactive
08610428 · ltd · incorporated 2013-07-15
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£-16.2k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
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
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £16,246

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£16k
↓ 52% YoY
Current Assets
£19k
↓ 32% YoY
Current Liabilities
-£16k-£7k£2k£11k£20k£29kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-07-312023-07-31
Total assets£17.3k£25.1k
Current assets£19.5k£28.6k
Net assets£-16.2k£-10.7k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-07-19
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  2. 2025-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-06-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2020-06-15
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  9. 2020-06-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2020-06-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-04-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2016-10-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-03-31
    ERWIN, James Edward resigned
    director
  17. 2013-07-15
    🏢
    Company incorporated
    As ACCESS COMMERCIAL LTD
  18. 2013-07-15
    ERWIN, Jeremy Philip appointed
    secretary
  19. 2013-07-15
    ERWIN, Jeremy Philip appointed
    director
  20. 2013-07-15
    ERWIN, James Edward appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Jeremy Philip Erwin
Individual · British · DOB 10/1973 · age 53
2550%
25-50% shares15/07/2016

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

9 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
Incorporated2013-07-15
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

Dorset House
5 Church Street
Wimborne
BH21 1JH
England

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-06-17
Last: 2025-06-03

Officers (2 active · 1 resigned)

ERWIN, Jeremy Philip
secretary · appointed 2013-07-15
View their other companies + combined net worth →
Active
ERWIN, Jeremy Philip
director · ~53y · appointed 2013-07-15
View their other companies + combined net worth →
Active
ERWIN, James Edward
director · ~56y · appointed 2013-07-15 · resigned 2015-03-31
Resigned

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

Recent filings (35 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-19
change-person-secretary-company-with-change-date
officers · CH03
2025-07-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-22
change-person-director-company-with-change-date
officers · CH01
2020-06-15
change-person-secretary-company-with-change-date
officers · CH03
2020-06-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-06-15
change-person-director-company-with-change-date
officers · CH01
2020-06-15