AREA VENDING SERVICES LTD

🌿Early-stageactive
14174454 · ltd · incorporated 2022-06-15
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£103
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Wholesale of other machinery and equipment
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 67/100 (strong), bankability 60/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

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 (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £103

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£103
~ YoY
Current Assets
£103
~ YoY
Current Liabilities
£0£21£41£62£82£103Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-302024-06-30
Total assets£103£103
Current assets£103£103
Net assets£103£103

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

🔒Filing-note intelligence

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

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 (13 events)Click to expand
  1. 2026-03-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-06-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-06-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-05-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-04-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-01-09
    📄
    administrative-restoration-company
    restoration · RT01
  7. 2023-11-21
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  8. 2023-09-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2022-06-15
    🏢
    Company incorporated
    As AREA VENDING SERVICES LTD
  10. 2022-06-15
    PARKES, Harry Timothy appointed
    director
  11. 2022-06-15
    PARKES, Ronald appointed
    director
  12. 2022-06-15
    VAN ROOYEN, Rachel Anne appointed
    director
  13. 2022-06-15
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ronald Parkes
Individual · British · DOB 07/1960 · age 66
75100%
75–100%75-100% shares · 75-100% voting15/06/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2022-06-15
Jurisdictionengland-wales
Primary SIC46690 — Wholesale of other machinery and equipment

Registered office

Masterlord Office Village Alpha
6 West Road
Ipswich
IP3 9SX
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-28OVERDUE
Last: 2025-06-14

Officers (3 active · 0 resigned)

PARKES, Harry Timothy
director · ~32y · appointed 2022-06-15
View their other companies + combined net worth →
Active
PARKES, Ronald
director · ~66y · appointed 2022-06-15
View their other companies + combined net worth →
Active
VAN ROOYEN, Rachel Anne
director · ~57y · appointed 2022-06-15
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-11
accounts-with-accounts-type-dormant
accounts · AA
2025-06-10
gazette-notice-compulsory
gazette · GAZ1
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-09
administrative-restoration-company
restoration · RT01
2024-01-09
gazette-dissolved-compulsory
gazette · GAZ2
2023-11-21
gazette-notice-compulsory
gazette · GAZ1
2023-09-05
incorporation-company
incorporation · NEWINC
2022-06-15