ACCOUNTECH PROFESSIONAL SERVICES LIMITED

💤Zombieactive
09358521 · ltd · incorporated 2014-12-17
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 Mar 2025
Net worth
£4.0k
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Computer facilities management activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 69201Accounting and auditing activities
  • 69202Bookkeeping activities
Investor take
Special-situation opportunity
Distressed technology with salvageable qualities — special-situations priority.

Opportunity 67/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
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
67
Some moderate concerns — review 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 £3,989

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£4k
↑ 38% YoY
Current Assets
£39k
↑ 40% YoY
Current Liabilities
£0£8k£16k£24k£32k£39kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£4.0k£2.9k
Current assets£39.5k£28.1k
Net assets£4.0k£2.9k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-01-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-01-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-01-31
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  10. 2020-01-31
    📄
    legacy
    capital · SH20
  11. 2020-01-31
    ⚠️
    legacy
    insolvency · CAP-SS
  12. 2020-01-31
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2014-12-17
    🏢
    Company incorporated
    As ACCOUNTECH PROFESSIONAL SERVICES LIMITED
  17. 2014-12-17
    MERCHANT, Adnaan appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2020-01-31: legacy

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Adnaan Merchant
Individual · Indian · DOB 12/1988 · age 38
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
🔒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.

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Company details

Statusactive
Typeltd
Incorporated2014-12-17
Jurisdictionengland-wales
Primary SIC62030 — Computer facilities management activities

Registered office

404 Oculus House
16-48 Cambridge Road
Barking
IG11 8NW
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-31
Last: 2025-12-17

Officers (1 active · 0 resigned)

MERCHANT, Adnaan
director · ~38y · appointed 2014-12-17
View their other companies + combined net worth →
Active

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

Recent filings (30 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-03
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2020-01-31