AXMINSTER CARPETS LIMITED

💤Zombieactive
12443969 · ltd · incorporated 2020-02-05
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
£914.0k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Wholesale of furniture, carpets and lighting equipment
Sector: Wholesale & retail
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: Cash flow review and working-capital discipline. Cash down -100% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
24 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 £914,028
Very low cash
Cash position: £0
Cash draining
Cash down 100% YoY
Cash YoY
-100%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£0
↓ 100% YoY
Net Worth
£914k
↑ 1.0% YoY
Current Assets
Current Liabilities
£0£183k£366k£548k£731k£914kDec 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
Cash£0£21.8k
Net assets£914.0k£904.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-05
    COOK, Emma Kirsten resigned
    secretary
  3. 2025-05-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-03-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2024-02-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  7. 2024-02-22
    BRIDGE, Gary resigned
    director
  8. 2024-02-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-02-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2024-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-11-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2023-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2023-02-24
    DUTFIELD, Declan resigned
    director
  15. 2022-05-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-12-23
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  17. 2021-12-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-12-21
    DUTFIELD, Joshua John appointed
    director
  19. 2021-12-21
    COOK, Emma Kirsten appointed
    secretary
  20. 2021-11-04
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  21. 2020-03-18
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2020-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2020-03-03
    BRIDGE, Gary appointed
    director
  24. 2020-02-05
    🏢
    Company incorporated
    As AXMINSTER CARPETS LIMITED
  25. 2020-02-05
    DUTFIELD, Declan appointed
    director
  26. 2020-02-05
    📄
    incorporation-company
    incorporation · NEWINC

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

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

🏛️
Axminster Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
AXMINSTER CARPETS LIMITED
This company · 12443969

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
Axminster Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/02/2020

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
Incorporated2020-02-05
Jurisdictionengland-wales
Primary SIC46470 — Wholesale of furniture, carpets and lighting equipment

Registered office

Centenary House Peninsula Park
Rydon Lane
Exeter
EX2 7XE
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03

Officers (1 active · 3 resigned)

DUTFIELD, Joshua John
director · ~42y · appointed 2021-12-21
View their other companies + combined net worth →
Active
COOK, Emma Kirsten
secretary · appointed 2021-12-21 · resigned 2025-05-05
Resigned
BRIDGE, Gary
director · ~60y · appointed 2020-03-03 · resigned 2024-02-22
Resigned
DUTFIELD, Declan
director · ~31y · appointed 2020-02-05 · resigned 2023-02-24
Resigned

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

Recent filings (24 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-02-23
termination-director-company-with-name-termination-date
officers · TM01
2024-02-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-13
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-04
termination-director-company-with-name-termination-date
officers · TM01
2023-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-17