ANCHIN RUGS LIMITED

🌳Matureactive
09209661 · ltd · incorporated 2014-09-09
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 May 2025
Net worth
£648.5k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Wholesale of furniture, carpets and lighting equipment
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -77% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).

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, 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 (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £648,537
Net assets shrinking
Down £169,385 YoY
Cash draining
Cash down 77% YoY
Cash YoY
-77%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↓ 77% YoY
Net Worth
£649k
↓ 21% YoY
Current Assets
£747k
↓ 23% YoY
Current Liabilities
£0£193k£387k£580k£774k£967kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£648.5k£817.9k
Current assets£747.2k£967.5k
Cash£1.5k£6.6k
Net assets£648.5k£817.9k

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

🔒Filing-note intelligence

2 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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-07
    FRITH, Martin Paul appointed
    director
  4. 2024-10-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2024-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-03-22
    FRITH, Martin Paul resigned
    director
  9. 2022-03-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2021-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-02-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-02-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-03-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-01-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2016-01-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2014-09-09
    🏢
    Company incorporated
    As ANCHIN RUGS LIMITED
  19. 2014-09-09
    FRITH, Andrew William appointed
    director
  20. 2014-09-09
    MAINWARING, Rachael appointed
    director
  21. 2014-09-09
    FRITH, Martin Paul appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

35/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • 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.)
🔒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

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
Incorporated2014-09-09
Jurisdictionengland-wales
Primary SIC46470 — Wholesale of furniture, carpets and lighting equipment

Registered office

Kaydon House Kinmel Park, Abergele Road
Bodelwyddan
Rhyl
Clwyd
LL18 5TY

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09

Officers (3 active · 1 resigned)

FRITH, Andrew William
director · ~49y · appointed 2014-09-09
View their other companies + combined net worth →
Active
FRITH, Martin Paul
director · ~52y · appointed 2024-10-07
View their other companies + combined net worth →
Active
MAINWARING, Rachael
director · ~55y · appointed 2014-09-09
View their other companies + combined net worth →
Active
FRITH, Martin Paul
director · ~52y · appointed 2014-09-09 · resigned 2022-03-22
Resigned

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

Recent filings (30 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-19
appoint-person-director-company-with-name-date
officers · AP01
2024-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-28
termination-director-company-with-name-termination-date
officers · TM01
2022-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-29