ACCOMMODATION NOW LIMITED

🌱Startupactive
15827633 · ltd · incorporated 2024-07-09
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
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Turnover
year to Jul 2025
Net worth
£-111
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 55209Other holiday and other collective accommodation
  • 55900Other accommodation
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (69/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
4 officers (4 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
6 filings
60
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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £111

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£111
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-07-31
Total assets£-111
Net assets£-111

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
4
filings
  • 2 officers
  • 1 persons-with-significant-control
  • 1 accounts
Last 180 days
4
filings
  • 2 officers
  • 1 persons-with-significant-control
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-04-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-04-09
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  3. 2026-04-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-04-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-07-09
    🏢
    Company incorporated
    As ACCOMMODATION NOW LIMITED
  6. 2024-07-09
    GILLESPIE, Brian appointed
    secretary
  7. 2024-07-09
    GILLESPIE, Emma appointed
    secretary
  8. 2024-07-09
    GILLESPIE, Brian appointed
    director
  9. 2024-07-09
    GILLESPIE, Emma appointed
    director
  10. 2024-07-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 1.9 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Brian Gillespie
Individual · Irish · DOB 05/1990 · age 36
5075%
50–75%board control50-75% shares · 50-75% voting · board control · trust interest · firm interest09/07/2024
Mrs Emma Gillespie
Individual · Irish · DOB 03/1996 · age 30
2550%
25–50%25-50% shares · 25-50% voting09/07/2024

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

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.

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Company details

Statusactive
Typeltd
Incorporated2024-07-09
Jurisdictionengland-wales
Primary SIC55100 — Hotels and similar accommodation

Registered office

128 City Road
London
EC1V 2NX
United Kingdom

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08

Officers (4 active · 0 resigned)

GILLESPIE, Brian
secretary · appointed 2024-07-09
View their other companies + combined net worth →
Active
GILLESPIE, Emma
secretary · appointed 2024-07-09
View their other companies + combined net worth →
Active
GILLESPIE, Brian
director · ~36y · appointed 2024-07-09
View their other companies + combined net worth →
Active
GILLESPIE, Emma
director · ~30y · appointed 2024-07-09
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

change-person-director-company-with-change-date
officers · CH01
2026-04-09
change-person-secretary-company-with-change-date
officers · CH03
2026-04-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-09
accounts-with-accounts-type-dormant
accounts · AA
2026-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-20
incorporation-company
incorporation · NEWINC
2024-07-09