ACCRUE GLASGOW LLP
💤Zombieactive
OC428587 · llp · incorporated 2019-08-23
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
—
book net assets
Opportunity
71/100
Strong
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 6.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 400 | 400 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-10📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-01-17📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2025-01-17📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2025-01-16📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2025-01-16📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2025-01-16📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2024-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2024-12-18🔒Charge registered #3Lender: Santander UK PLC
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-06📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-25📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-30📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-08📄change-account-reference-date-limited-liability-partnership-previous-shortenedaccounts · LLAA01
- 2021-09-02📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-25📄change-account-reference-date-limited-liability-partnership-current-shortenedaccounts · LLAA01
- 2021-05-21📄change-account-reference-date-limited-liability-partnership-previous-extendedaccounts · LLAA01
- 2020-12-22📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2020-12-22📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2020-12-22📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2020-12-22📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2020-12-22📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2019-09-26🔒Charge registered #2Lender: Laxfield LLP as Security Trustee for the Secured Parties
- 2019-09-26🔒Charge registered #1Lender: Laxfield LLP as Trustee for the Secured Parties
- 2019-08-23🏢Company incorporatedAs ACCRUE GLASGOW LLP
- 2019-08-23➕PEARCE, Gareth David appointedllp-designated-member
- 2019-08-23➕WEBSTER, Stephen John appointedllp-designated-member
- 2019-08-23➕ANDERTON, Paul Robert appointedllp-member
- 2019-08-23➕CAMPBELL, Desmond appointedllp-member
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Similar companies
Active · same sector · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 02 TWENTY-FIRST CENTURY HOMES LTD→ 12984310 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 04 TWENTY-FIRST CENTURY HOMES LTD→ 12986827 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 10-14 CRAVEN ROAD NEWBURY LIMITED→ 02035597 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| 100 GLOBAL VENTURES LTD→ 14556813 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1080 INTEGRATION LIMITED→ 07010706 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 111 MARJORAM WALK LTD→ 12713387 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 112 LONDON STREET LTD→ 12518035 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 11MEN FITNESS LTD→ 16011450 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 12 CLIFTON PARK LIMITED→ 13095551 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 12 ST. LUKES ROAD MANAGEMENT LIMITED→ 01761026 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| 12-18 HILL STREET MANAGEMENT COMPANY LIMITED→ 04804982 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 120 TILEHURST ROAD MANAGEMENT LIMITED→ 11037765 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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.
See pricing →Company details
Statusactive
Typellp
Incorporated2019-08-23
Jurisdictionengland-wales
Primary SIC—
Registered office
Donald Reid Group Limited 1010 Eskdale Road
Winnersh Triangle
Wokingham
RG41 5TS
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-05
Last: 2025-08-22
Officers (4 active · 0 resigned)
PEARCE, Gareth David→
Activellp-designated-member · ~73y · appointed 2019-08-23
View their other companies + combined net worth →
WEBSTER, Stephen John→
Activellp-designated-member · ~78y · appointed 2019-08-23
View their other companies + combined net worth →
ANDERTON, Paul Robert→
Activellp-member · ~72y · appointed 2019-08-23
View their other companies + combined net worth →
CAMPBELL, Desmond→
Activellp-member · ~69y · appointed 2019-08-23
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC | A registered charge | 1 property | 18/12/2024 | — | |
| outstanding | Laxfield as Security Trustee for the Secured Parties Laxfield LLP as Security Trustee for the Secured Parties | A registered charge | — | 26/09/2019 | — | |
| outstanding | Laxfield as Trustee for the Secured Parties Laxfield LLP as Trustee for the Secured Parties | A registered charge | — | 26/09/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-09-10
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2025-01-17
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2025-01-17
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2025-01-16
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2025-01-16
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2025-01-16
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-07