ACCESS GROUP INDUSTRIAL SERVICES LIMITED

💤Zombieactive
09737788 · ltd · incorporated 2015-08-18
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 Oct 2024
Net worth
£2.97M
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Construction of other civil engineering projects n.e.c.
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (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: 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 (58/100).

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, 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
7 officers (1 active, 7 linked, 7 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
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 £2,967,536
Cash YoY
+68%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£767k
↑ 68% YoY
Net Worth
£3.0m
↑ 287% YoY
Current Assets
£4.7m
↑ 173% YoY
Current Liabilities
£0£933k£1.9m£2.8m£3.7m£4.7mOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£2.97M£773.5k
Current assets£4.67M£1.71M
Cash£766.5k£456.0k
Debtors£3.90M£1.26M
Net assets£2.97M£766.3k

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 (34 events)Click to expand
  1. 2025-10-24
    RICHARDS, Eugene appointed
    director
  2. 2025-10-24
    RICHARDS, Michael Anthony resigned
    director
  3. 2025-10-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-10-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-10-07
    RICHARDS, Eugene Michael resigned
    director
  6. 2025-10-07
    RICHARDS, Michael Anthony appointed
    director
  7. 2025-10-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-10-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-09-10
    RICHARDS, Eugene Michael appointed
    director
  10. 2025-09-10
    RICHARDS, Michael Anthony resigned
    director
  11. 2025-09-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2025-09-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2025-01-20
    📄
    miscellaneous
    miscellaneous · MISC
  15. 2024-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2024-04-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2024-03-07
    RICHARDS, Michael Anthony appointed
    director
  18. 2024-03-07
    RICHARDS, Royston Kerry resigned
    director
  19. 2024-03-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2024-03-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2023-01-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  23. 2023-01-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2022-07-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2022-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  26. 2022-05-31
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  27. 2021-10-21
    RICHARDS, Michael Anthony resigned
    director
  28. 2021-10-21
    RICHARDS, Royston Kerry appointed
    director
  29. 2021-10-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  30. 2021-10-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  31. 2016-02-26
    RICHARDS, Michael Anthony appointed
    director
  32. 2015-08-18
    🏢
    Company incorporated
    As ACCESS GROUP INDUSTRIAL SERVICES LIMITED
  33. 2015-08-18
    VALAITIS, Peter Anthony appointed
    director
  34. 2015-08-18
    VALAITIS, Peter Anthony resigned
    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

45/100
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.

Red flags

1 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: RICHARDS, Eugene Michael resigned 2025-10-07; RICHARDS, Michael Anthony resigned 2025-10-24; RICHARDS, Michael Anthony resigned 2025-09-10

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Nicola Richards
Individual · British · DOB 01/1967 · age 59
75100%
75–100%board control75-100% shares · 75-100% voting · board control12/01/2023
1 historic (ceased) PSC
  • Mr Michael Anthony Richardsceased 12/01/2023· 75-100% shares · 75-100% voting · board control · significant influence

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

7 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
Incorporated2015-08-18
Jurisdictionwales
Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

Tudor House First Floor
16 Cathedral Road
Cardiff
CF11 9LJ
Wales

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17

Officers (1 active · 6 resigned)

RICHARDS, Eugene
director · ~28y · appointed 2025-10-24
View their other companies + combined net worth →
Active
RICHARDS, Eugene Michael
director · ~28y · appointed 2025-09-10 · resigned 2025-10-07
Resigned
RICHARDS, Michael Anthony
director · ~65y · appointed 2025-10-07 · resigned 2025-10-24
Resigned
RICHARDS, Michael Anthony
director · ~65y · appointed 2024-03-07 · resigned 2025-09-10
Resigned
RICHARDS, Michael Anthony
director · ~65y · appointed 2016-02-26 · resigned 2021-10-21
Resigned
RICHARDS, Royston Kerry
director · ~66y · appointed 2021-10-21 · resigned 2024-03-07
Resigned
VALAITIS, Peter Anthony
director · ~76y · appointed 2015-08-18 · resigned 2015-08-18
Resigned

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

Recent filings (39 total)

appoint-person-director-company-with-name-date
officers · AP01
2025-10-24
termination-director-company-with-name-termination-date
officers · TM01
2025-10-24
appoint-person-director-company-with-name-date
officers · AP01
2025-10-07
termination-director-company-with-name-termination-date
officers · TM01
2025-10-07
appoint-person-director-company-with-name-date
officers · AP01
2025-09-10
termination-director-company-with-name-termination-date
officers · TM01
2025-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
miscellaneous
miscellaneous · MISC
2025-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-11
appoint-person-director-company-with-name-date
officers · AP01
2024-03-07
termination-director-company-with-name-termination-date
officers · TM01
2024-03-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-27