ACCURATE SAFETY MANUFACTURING LTD

💤Zombieactive
13424837 · ltd · incorporated 2021-05-27
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
£75.0k
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. 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 (74/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £75,044

Key financials

1 year extracted from filed iXBRL accounts
Cash
£717
Net Worth
£75k
Current Assets
£85k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-31
Total assets£75.0k
Current assets£85.3k
Cash£717
Debtors£84.6k
Net assets£75.0k

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

🔒Filing-note intelligence

2 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 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-06-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-06-27
    📄
    capital-allotment-shares
    capital · SH01
  5. 2025-05-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-05-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2025-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-04-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-12-30
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2024-11-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-06-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2024-06-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-06-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2024-05-24
    📄
    capital-allotment-shares
    capital · SH01
  15. 2024-05-22
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2024-04-10
    📄
    capital-allotment-shares
    capital · SH01
  17. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2023-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2023-06-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2023-06-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2023-02-23
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  22. 2023-02-03
    📄
    capital-allotment-shares
    capital · SH01
  23. 2021-05-27
    🏢
    Company incorporated
    As ACCURATE SAFETY MANUFACTURING LTD
  24. 2021-05-27
    GILLIGAN, Paul Michael 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Paul Gilligan
Individual · British · DOB 09/1970 · age 56
5075%
50–75%board control50-75% shares · 50-75% voting · board control27/05/2021

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

8 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
Incorporated2021-05-27
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

3rd Floor 86 - 90 Paul Street
London
EC2A 4NE
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-09
Last: 2025-05-26

Officers (1 active · 0 resigned)

GILLIGAN, Paul Michael
director · ~56y · appointed 2021-05-27
View their other companies + combined net worth →
Active

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

Recent filings (30 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-27
change-person-director-company-with-change-date
officers · CH01
2025-06-27
capital-allotment-shares
capital · SH01
2025-06-27
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-28
gazette-notice-compulsory
gazette · GAZ1
2025-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-04
change-account-reference-date-company-current-shortened
accounts · AA01
2024-12-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-13
change-person-director-company-with-change-date
officers · CH01
2024-06-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-10