ADDITION ACCOUNTANTS PENZANCE LIMITED
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: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £2.6k | £6.0k |
| Current assets | £121.9k | £74.8k |
| Net assets | £2.6k | £6.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (16 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-02-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-02-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-31➖HUME-ROTHERY, Gabrielle resigneddirector
- 2021-03-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-29📄capital-allotment-sharescapital · SH01
- 2021-03-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-03-21🏢Company incorporatedAs ADDITION ACCOUNTANTS PENZANCE LIMITED
- 2021-03-21➕ATKINS, Virginia Noelle appointeddirector
- 2021-03-21➕HUME-ROTHERY, Gabrielle appointeddirector
- 2021-03-21📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Virginia Atkins Individual · British · DOB 06/1969 · age 57 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/03/2021 |
1 historic (ceased) PSC
- Mrs Gabrielle Hume-Rotheryceased 31/01/2022· 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.
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 · Professional services · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A FRESH IDEA LTD→ 10904765 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A J HOWES DESIGN LTD→ 12166498 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABBOTSWOOD TAXATION AND ACCOUNTANCY SERVICES LIMITED→ 08425589 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ABBOTTS EVENT HIRE LTD→ 12117267 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABSOLUTE CANVAS LIMITED→ 10605190 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ACR RECRUITMENT & TRAINING LTD→ 09841270 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ACTORBANK LTD→ 08361717 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ADEPT DEVELOPMENTS LIMITED→ 02125149 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| ADM MABE SERVICES LIMITED→ 16203716 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVANCE CONSULTING ENGINEERS LTD→ 12416239 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ADVANTAGE BOOKKEEPING LTD→ 09491033 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AEE JUPITER LTD→ 12346980 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 1 resigned)
Click a director name to see their full track record across all companies.