ACCXIA GROUP LIMITED

💤Zombieactive
10261695 · ltd · incorporated 2016-07-04
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
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Turnover
year to Dec 2024
Net worth
£-216.9k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other software publishing
Sector: Information & communication
ALSO REGISTERED FOR
  • 62020Information technology consultancy activities
  • 62090Other information technology service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 80/100. 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 8.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £216,879
Cash YoY
+200%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£115k
↑ 200% YoY
Net Worth
-£217k
↑ 60% YoY
Current Assets
£150k
↓ 18% YoY
Current Liabilities
-£549k-£403k-£256k-£110k£36k£183kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£139.8k£-171.6k
Current assets£150.2k£182.8k
Cash£115.3k£38.5k
Debtors£34.9k£144.3k
Net assets£-216.9k£-549.0k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-04-30
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2024-07-22
    📄
    accounts-with-accounts-type-group
    accounts · AA
  3. 2023-02-16
    📄
    accounts-with-accounts-type-group
    accounts · AA
  4. 2022-04-25
    📄
    accounts-with-accounts-type-group
    accounts · AA
  5. 2021-06-15
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2021-03-09
    📄
    accounts-with-accounts-type-group
    accounts · AA
  7. 2020-08-03
    📄
    accounts-with-accounts-type-group
    accounts · AA
  8. 2020-07-03
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2020-05-06
    📄
    accounts-with-accounts-type-group
    accounts · AA
  10. 2019-11-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2019-10-31
    📄
    accounts-with-accounts-type-group
    accounts · AA
  12. 2019-10-05
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  13. 2019-09-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2018-04-04
    📄
    accounts-with-accounts-type-group
    accounts · AA
  15. 2018-03-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2018-03-06
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  17. 2017-08-04
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  18. 2016-07-15
    SCHULZE, Volker appointed
    director
  19. 2016-07-15
    SQUIRRELL, Michael James resigned
    director
  20. 2016-07-04
    🏢
    Company incorporated
    As ACCXIA GROUP LIMITED
  21. 2016-07-04
    SQUIRRELL, Michael James appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Volker Schulze
Individual · German · DOB 08/1963 · age 63
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/07/2016
1 historic (ceased) PSC
  • Brayford Formations Limitedceased 15/07/2016· 75-100% shares

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

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
Incorporated2016-07-04
Jurisdictionengland-wales
Primary SIC58290 — Other software publishing

Registered office

15 Newland
Lincoln
LN1 1XG
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-17
Last: 2025-07-03

Officers (1 active · 1 resigned)

SCHULZE, Volker
director · ~63y · appointed 2016-07-15
View their other companies + combined net worth →
Active
SQUIRRELL, Michael James
director · ~42y · appointed 2016-07-04 · resigned 2016-07-15
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge06/03/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (37 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-05
accounts-with-accounts-type-group
accounts · AA
2025-04-30
accounts-with-accounts-type-group
accounts · AA
2024-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
accounts-with-accounts-type-group
accounts · AA
2023-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-05
accounts-with-accounts-type-group
accounts · AA
2022-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-13
resolution
resolution · RESOLUTIONS
2021-06-15
accounts-with-accounts-type-group
accounts · AA
2021-03-09
accounts-with-accounts-type-group
accounts · AA
2020-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2020-07-03
accounts-with-accounts-type-group
accounts · AA
2020-05-06