ACCREDEX LTD
💤Zombieactive
12465573 · ltd · incorporated 2020-02-15
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 Mar 2025
Net worth
£-31.6k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (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 (73/100).
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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £31,604
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£32k
↑ 13% YoY
Current Assets
£6k
↓ 22% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £5.7k | £7.3k |
| Current assets | £5.7k | £7.3k |
| Net assets | £-31.6k | £-36.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-10-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-09-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-23➖STEEL, Mark Jonothan resigneddirector
- 2023-05-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-15➖HARNESS, Nicholas Charles resigneddirector
- 2023-05-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-10📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2020-05-13📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2020-05-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-05-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-05-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-05-11➕JENKINSON, Paul Robert appointeddirector
- 2020-05-11➕STEEL, Mark Jonothan appointeddirector
- 2020-02-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-15🏢Company incorporatedAs ACCREDEX LTD
- 2020-02-15➕HARNESS, Nicholas Charles appointeddirector
- 2020-02-15📄incorporation-companyincorporation · NEWINC
Owner dependency
83/100
Critical — business is the founderThe 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 61 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Similar companies
Active · Education & training · HR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2GATES LIMITED→ 13393641 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 3DEGREEZ ALLSTARZ CIC→ 12112410 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 3JBSERVICES LTD→ 08397011 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| A TO Z EXPEDITIONS LTD→ 13132351 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A&Z MENTAL HEALTH FIRST AID TRAINING LIMITED→ 14639393 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACADEMY OF MODERN SHAMANISM LTD→ 11473342 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADHISTHANA TRUST→ 07508588 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ADVANCED TACTICAL AND EMERGENCY MEDICINE LIMITED→ 08559260 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AESTHETIC NURSE MENTORS LTD→ 16124991 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AFGHAN ASIA OPEN ACADEMY LTD→ 17112560 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AFON Y WYE DEALL LTD→ 15752851 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AFRO EUROPEAN COLLAGE FOR HUMANITIES AND MANAGEMENT SCIENCE LTD→ 14979685 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2020-02-15
Jurisdictionengland-wales
Primary SIC85590 — Other education n.e.c.
Registered office
61 Bridge Street
Kington
HR5 3DJ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-06-08
Last: 2026-05-25
Officers (1 active · 2 resigned)
JENKINSON, Paul Robert→
Activedirector · ~61y · appointed 2020-05-11
View their other companies + combined net worth →
HARNESS, Nicholas Charles→
Resigneddirector · ~63y · appointed 2020-02-15 · resigned 2023-05-15
STEEL, Mark Jonothan→
Resigneddirector · ~60y · appointed 2020-05-11 · resigned 2023-05-23
Click a director name to see their full track record across all companies.
Recent filings (25 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
change-person-director-company-with-change-date
officers · CH01
2023-05-25
change-person-director-company-with-change-date
officers · CH01
2023-05-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-25
termination-director-company-with-name-termination-date
officers · TM01
2023-05-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-23
termination-director-company-with-name-termination-date
officers · TM01
2023-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-10