AUDIENCE UPHOLSTERY LTD

🏛️Establishedactive
10741735 · ltd · incorporated 2017-04-26
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.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£-32.2k
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Manufacture of other furniture
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £32,205
Cash YoY
+17%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£54k
↑ 17% YoY
Net Worth
-£32k
↑ 75% YoY
Current Assets
£172k
~ YoY
Current Liabilities
-£129k-£68k-£8k£52k£112k£172kDec 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£-32.2k£-128.6k
Current assets£172.3k£171.9k
Cash£54.4k£46.5k
Debtors£15.8k£50.8k
Net assets£-32.2k£-128.6k

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
3
filings
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-02-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-02-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-02-01
    SUTTON, Keiko appointed
    director
  4. 2026-02-01
    FUKASAWA, Shigeyuki resigned
    director
  5. 2025-09-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2024-09-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2023-09-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2023-01-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2022-12-01
    RITSON, Keith David resigned
    director
  10. 2022-10-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2022-01-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-07-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2020-10-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2019-10-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2019-01-09
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  16. 2019-01-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2018-02-27
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  18. 2017-05-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2017-05-04
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  20. 2017-04-26
    🏢
    Company incorporated
    As AUDIENCE UPHOLSTERY LTD
  21. 2017-04-26
    EDGEWORTH, Steven appointed
    secretary
  22. 2017-04-26
    ARITA, Keiko appointed
    director
  23. 2017-04-26
    PILLINGER, Gary appointed
    director
  24. 2017-04-26
    FUKASAWA, Shigeyuki appointed
    director
  25. 2017-04-26
    RITSON, Keith David appointed
    director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.

Red flags

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

Group structure

Audience Systems Ltd holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Audience Systems Ltd
Corporate parent · holds 50-75% shares · board control
majority
AUDIENCE UPHOLSTERY LTD
This company · 10741735

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Audience Systems Ltd
Corporate entity
5075%
50–75%board control50-75% shares · 50-75% voting · board control · firm interest26/04/2017

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 · Manufacturing · BA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
APOTHEKE PERFUME LTD
12712421 · est 2020 · no financials extracted
5y
ARABIAN NUBIAN MINING LIMITED
13135712 · est 2021 · no financials extracted
5y
ARBORETUM LTD
15191011 · est 2023 · no financials extracted
2y
ARBORTECH PLANTING PRODUCTS LIMITED
12477898 · est 2020 · no financials extracted
6y
AVIATION MAINTENANCE GROUP LTD
16593309 · est 2025 · no financials extracted
AXIS AEROSPACE LTD
14328441 · est 2022 · no financials extracted
3y
B. G. CARPENTER LIMITED
04506133 · est 2002 · no financials extracted
23y
BAG KRAFT LTD
16215262 · est 2025 · no financials extracted
1y
BAKER PLANT SERVICES LTD
14853138 · est 2023 · no financials extracted
2y
BANG ON PRINTS LIMITED
14481311 · est 2022 · no financials extracted
3y
BARVICK ENGINEERING LIMITED
04403183 · est 2002 · no financials extracted
24y
BATEWOOD RENOVATIONS LTD
13985437 · est 2022 · no financials extracted
4y
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
Incorporated2017-04-26
Jurisdictionengland-wales
Primary SIC31090 — Manufacture of other furniture

Registered office

19b Washington Road
West Wilts Trading Estate
Westbury
BA13 4JP
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (4 active · 2 resigned)

EDGEWORTH, Steven
secretary · appointed 2017-04-26
View their other companies + combined net worth →
Active
ARITA, Keiko
director · ~66y · appointed 2017-04-26
View their other companies + combined net worth →
Active
PILLINGER, Gary
director · ~57y · appointed 2017-04-26
View their other companies + combined net worth →
Active
SUTTON, Keiko
director · ~48y · appointed 2026-02-01
View their other companies + combined net worth →
Active
FUKASAWA, Shigeyuki
director · ~85y · appointed 2017-04-26 · resigned 2026-02-01
Resigned
RITSON, Keith David
director · ~65y · appointed 2017-04-26 · resigned 2022-12-01
Resigned

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

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
appoint-person-director-company-with-name-date
officers · AP01
2026-02-11
termination-director-company-with-name-termination-date
officers · TM01
2026-02-09
accounts-with-accounts-type-small
accounts · AA
2025-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-small
accounts · AA
2024-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-10
accounts-with-accounts-type-small
accounts · AA
2023-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-20
termination-director-company-with-name-termination-date
officers · TM01
2023-01-10
accounts-with-accounts-type-small
accounts · AA
2022-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-26
change-person-director-company-with-change-date
officers · CH01
2022-01-25
accounts-with-accounts-type-small
accounts · AA
2021-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-28