CURTAIN MANAGEMENT HOLDINGS LIMITED

⚰️Wound downliquidation
10304877 · ltd · incorporated 2016-08-01
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2018
Net worth
£17.4k
book net assets
Opportunity
31/100
Pass
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 31/100 (pass), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

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
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
31/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £17,389
Net assets shrinking
Down £65,543 YoY
Cash draining
Cash down 57% YoY
Cash YoY
-57%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£570
↓ 57% YoY
Net Worth
£17k
↓ 79% YoY
Current Assets
£827k
~ YoY
Current Liabilities
£0£165k£331k£496k£662k£827kDec 2017Dec 2018

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2018-12-312017-12-31
Total assets£17.4k£82.9k
Current assets£827.4k£826.4k
Cash£570£1.3k
Debtors£826.8k£825.0k
Net assets£17.4k£82.9k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-11-04
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  2. 2024-11-04
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  3. 2023-11-13
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  4. 2022-11-09
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  5. 2021-11-04
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  6. 2020-12-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2020-09-16
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  8. 2020-09-16
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  9. 2020-09-16
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-08-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2018-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-04-20
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  15. 2017-09-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2017-08-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2017-08-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2016-09-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2016-09-08
    📄
    capital-allotment-shares
    capital · SH01
  20. 2016-09-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2016-09-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2016-09-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  23. 2016-09-07
    ACHENBAUM, Michael appointed
    director
  24. 2016-09-07
    CS SECRETARIES LIMITED resigned
    corporate-secretary
  25. 2016-09-07
    MILLAR, Andrew Duncan resigned
    director
  26. 2016-09-07
    CS DIRECTORS LIMITED resigned
    corporate-director
  27. 2016-08-01
    🏢
    Company incorporated
    As CURTAIN MANAGEMENT HOLDINGS LIMITED
  28. 2016-08-01
    CS SECRETARIES LIMITED appointed
    corporate-secretary
  29. 2016-08-01
    MILLAR, Andrew Duncan appointed
    director
  30. 2016-08-01
    CS DIRECTORS LIMITED appointed
    corporate-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

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2020-12-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2020-09-11

Company in liquidation
high

Company is actively being wound up. Not a going concern.

7 insolvency-related filings on record
high

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

Evidence: 2025-11-04: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date; 2024-11-04: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Michael Achenbaum
Individual · American · DOB 07/1972 · age 54
sig. influencesignificant influence07/09/2016
2 historic (ceased) PSCs
  • Mr Andrew Duncan Millarceased 07/09/2016· board control · significant influence
  • Sam Mabonceased 07/09/2016· 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.

🔒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

12 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

Statusliquidation
Typeltd
Incorporated2016-08-01
Jurisdictionengland-wales
Primary SIC55100 — Hotels and similar accommodation

Registered office

Allen House
1 Westmead Road
Sutton
Surrey
SM1 4LA

Filing status

Accounts
Next due: 2020-12-31OVERDUE
Last made up to: 2018-12-31
Confirmation statement
Next due: 2020-09-11OVERDUE
Last: 2019-07-31

Officers (1 active · 3 resigned)

ACHENBAUM, Michael
director · ~54y · appointed 2016-09-07
View their other companies + combined net worth →
Active
CS SECRETARIES LIMITED
corporate-secretary · appointed 2016-08-01 · resigned 2016-09-07
Resigned
MILLAR, Andrew Duncan
director · ~53y · appointed 2016-08-01 · resigned 2016-09-07
Resigned
CS DIRECTORS LIMITED
corporate-director · appointed 2016-08-01 · resigned 2016-09-07
Resigned

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

Recent filings (27 total)

liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2025-11-04
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2024-11-04
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2023-11-13
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2022-11-09
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2021-11-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-02
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2020-09-16
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2020-09-16
resolution
resolution · RESOLUTIONS
2020-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2018-08-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-26