ACCOUNTING FIRMS LTD

💤Zombieactive
13612588 · ltd · incorporated 2021-09-09
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
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 63120Web portals
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (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: strategic trade sale (65/100).

Data confidence

Overall: high (82/100)

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

Company profile
address, 2 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
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
10 connected companies via shared directors
75
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees200200

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

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 (9 events)Click to expand
  1. 2026-03-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2023-07-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-09-09
    🏢
    Company incorporated
    As ACCOUNTING FIRMS LTD
  8. 2021-09-09
    SAGAR, Waqas appointed
    director
  9. 2021-09-09
    📄
    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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Waqas Sagar
Individual · British · DOB 03/1985 · age 41
75100%
75-100% shares09/09/2021

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 →

Similar companies

Active · Technology · SM postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
10XCLOUDCONSULTING LTD
12142122 · est 2019 · no financials extracted
6y
ABEEY TECH LTD
10527002 · est 2016 · no financials extracted
9y
ACME SYSTEMS LTD
04666510 · est 2003 · no financials extracted
23y
ADDITIONAL INTELLIGENCE LTD
17079901 · est 2026 · no financials extracted
ADVISITI CONSULTING GROUP LTD
16833773 · est 2025 · no financials extracted
AFFINITY CREATES LIMITED
16460224 · est 2025 · no financials extracted
AFTERLIVE MUSIC LTD
12902655 · est 2020 · no financials extracted
5y
AGILE TESTING LTD
07247004 · est 2010 · no financials extracted
15y
AHMADF LTD
12758624 · est 2020 · no financials extracted
5y
AHOTE FILMS LTD.
06924817 · est 2009 · no financials extracted
16y
AI AND CODE CONSULTANTS LIMITED
12744110 · est 2020 · no financials extracted
5y
AIKYAM GROUP LTD
13259255 · est 2021 · no financials extracted
5y
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
Incorporated2021-09-09
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

12 London Road
Morden
SM4 5BQ
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-21
Last: 2025-09-07

Officers (1 active · 0 resigned)

SAGAR, Waqas
director · ~41y · appointed 2021-09-09
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-07-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-08
incorporation-company
incorporation · NEWINC
2021-09-09