CAD ACCOUNTANCY LTD

💤Zombieactive
12075095 · ltd · incorporated 2019-06-28
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 Dec 2024
Net worth
£29.3k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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: high (80/100)

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

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
30 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £29,332
Cash YoY
-25%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£60k
↓ 25% YoY
Net Worth
£29k
↑ 49% YoY
Current Assets
£121k
↓ 7.1% YoY
Current Liabilities
£0£26k£52k£78k£104k£130kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£38.6k£41.2k
Current assets£120.7k£129.8k
Cash£59.9k£79.5k
Debtors£60.8k£50.3k
Net assets£29.3k£19.7k

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
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-05-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-16
    HUTCHINSON, Michael David resigned
    director
  3. 2025-09-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2024-12-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2024-03-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  6. 2024-03-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-03-12
    📄
    memorandum-articles
    incorporation · MA
  8. 2024-03-12
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2023-11-22
    TWENTYMAN, Oliver Edward resigned
    director
  10. 2023-11-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-03-31
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2022-07-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2022-07-11
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2022-07-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  16. 2022-07-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2022-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-06-30
    📄
    memorandum-articles
    incorporation · MA
  19. 2022-06-28
    RICHES, Daniel appointed
    director
  20. 2022-06-28
    TWENTYMAN, Oliver Edward appointed
    director
  21. 2022-06-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2022-06-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2022-06-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  24. 2019-06-28
    🏢
    Company incorporated
    As CAD ACCOUNTANCY LTD
  25. 2019-06-28
    HUTCHINSON, Michael David appointed
    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

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

Group structure

Peloton Trustee Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Peloton Trustee Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CAD ACCOUNTANCY LTD
This company · 12075095

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%
NameSharesVoting rightsNature of controlNotified
Peloton Trustee Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control24/06/2022
2 historic (ceased) PSCs
  • Peloton Trustee Ltdceased 24/06/2022· 75-100% shares · 75-100% voting · board control · trust interest
  • Mr Michael David Hutchinsonceased 24/06/2022· 75-100% shares · 75-100% voting · board control

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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08513308 · est 2013 · no financials extracted
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07159630 · est 2010 · no financials extracted
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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
Incorporated2019-06-28
Jurisdictionengland-wales
Primary SIC69201 — Accounting and auditing activities

Registered office

The Warehouse
Anchor Quay
Penryn
Cornwall
TR10 8GZ
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-07-11
Last: 2026-06-27

Officers (1 active · 2 resigned)

RICHES, Daniel
director · ~36y · appointed 2022-06-28
View their other companies + combined net worth →
Active
HUTCHINSON, Michael David
director · ~66y · appointed 2019-06-28 · resigned 2026-04-16
Resigned
TWENTYMAN, Oliver Edward
director · ~33y · appointed 2022-06-28 · resigned 2023-11-22
Resigned

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

Recent filings (30 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-29
termination-director-company-with-name-termination-date
officers · TM01
2026-05-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-03-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-13
memorandum-articles
incorporation · MA
2024-03-12
resolution
resolution · RESOLUTIONS
2024-03-12
termination-director-company-with-name-termination-date
officers · TM01
2023-11-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-06
change-account-reference-date-company-previous-extended
accounts · AA01
2023-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-18