AAX ACCOUNTANTS LTD
🌳Matureactive
09596363 · ltd · incorporated 2015-05-18
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 10.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-7.2k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
1 live charge · oldest 10.9y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 10.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 23/100 — clean.
Data confidence
Overall: medium (74/100)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
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
6 officers (2 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £7,215
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
-£7k
Current Assets
£55k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 |
|---|---|
| Total assets | £-2.1k |
| Current assets | £55.1k |
| Net assets | £-7.2k |
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
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 90 days
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 persons-with-significant-control
Last 180 days
5
filings
- • 2 accounts
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-05-06➖ELSEY, Pippa Townley resigneddirector
- 2026-05-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-12-09📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-08-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-08-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-06➕GREENE, David Charles appointeddirector
- 2025-08-06➕SPENDLEY, Alexander Philip appointeddirector
- 2025-08-06➕ELSEY, Pippa Townley appointeddirector
- 2025-08-06➖JONES, Rosalind Clare resigneddirector
- 2025-08-06➖REDWOOD, Alison Clare resigneddirector
- 2025-04-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-24➕JONES, Rosalind Clare appointeddirector
- 2022-11-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-25➖JONES, Rosalind Clare resigneddirector
- 2021-06-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-05-23➕JONES, Rosalind Clare appointeddirector
- 2019-08-14🔓Charge satisfied #1
- 2015-06-19🔒Charge registered #1Lender: Hsbc Bank PLC
- 2015-05-18🏢Company incorporatedAs AAX ACCOUNTANTS LTD
- 2015-05-18➕REDWOOD, Alison Clare appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: ELSEY, Pippa Townley resigned 2026-05-06; JONES, Rosalind Clare resigned 2025-08-06; REDWOOD, Alison Clare resigned 2025-08-06
Group structure
Nasa Accountants Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Nasa Accountants Limited
Corporate parent · holds 75-100% shares · board control
⬇
AAX ACCOUNTANTS LTD
This company · 09596363
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Nasa Accountants Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/08/2025 |
1 historic (ceased) PSC
- Ms Alison Clare Redwoodceased 06/08/2025· 75-100% shares · 75-100% voting
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 →Similar companies
Active · Professional services · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 53/55 SANDY PARK ROAD MANAGEMENT COMPANY LIMITED→ 08006132 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 55 GROUP LTD→ 15823380 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 5EIGHT CONSULT LIMITED→ 16905023 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 6TH MAN CONSULTING LTD→ 15232624 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 77COACHING LTD→ 16523297 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 9G COMMUNICATIONS LIMITED→ 15163191 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AARAMBHA TECH LIMITED→ 15720059 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AARATHAN CONSULTING LTD→ 15835872 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AB AEROSPACE CONSULTING LIMITED→ 13915973 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AB80 LTD→ 17033738 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABBAS TOOL HIRE LTD→ 15642581 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ABBERWICK LIMITED→ 11644887 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2015-05-18
Jurisdictionengland-wales
Primary SIC69201 — Accounting and auditing activities
Registered office
B7 Kestrel Court,
Harbour Road
Portishead
Somerset
BS20 7AN
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-25
Last: 2026-05-11
Officers (2 active · 4 resigned)
GREENE, David Charles→
Activedirector · ~56y · appointed 2025-08-06
View their other companies + combined net worth →
SPENDLEY, Alexander Philip→
Activedirector · ~46y · appointed 2025-08-06
View their other companies + combined net worth →
ELSEY, Pippa Townley→
Resigneddirector · ~42y · appointed 2025-08-06 · resigned 2026-05-06
JONES, Rosalind Clare→
Resigneddirector · ~38y · appointed 2022-11-24 · resigned 2025-08-06
JONES, Rosalind Clare→
Resigneddirector · ~38y · appointed 2020-05-23 · resigned 2021-06-25
REDWOOD, Alison Clare→
Resigneddirector · ~67y · appointed 2015-05-18 · resigned 2025-08-06
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 19/06/2015 | 14/08/2019 |
Recent filings (48 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-15
termination-director-company-with-name-termination-date
officers · TM01
2026-05-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-08-07
termination-director-company-with-name-termination-date
officers · TM01
2025-08-07
termination-director-company-with-name-termination-date
officers · TM01
2025-08-07
appoint-person-director-company-with-name-date
officers · AP01
2025-08-07
appoint-person-director-company-with-name-date
officers · AP01
2025-08-07
appoint-person-director-company-with-name-date
officers · AP01
2025-08-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-08