WE ARE ACCOUNTABLES LTD

💤Zombieactive

SC602028 · ltd · incorporated 2018-07-09

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 Jul 2025

Net worth

£-10.1k

book net assets

Opportunity

61/100

Worth a look

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What this business does

Primary activity: Information technology consultancy activities

Sector: Information & communication

ALSO REGISTERED FOR

70229Management consultancy activities other than financial management
82990Other business support service activities n.e.c.

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (79/100)

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

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (1 active, 4 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

29 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

61/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £10,079

High leverage

Liabilities are 100% of total assets

Leverage

100%

Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£10k

↑ 29% YoY

Current Assets

£7k

↓ 40% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-07-31	2024-07-31
Total assets	£6.9k	£11.4k
Current assets	£6.9k	£11.4k
Net assets	£-10.1k	£-14.1k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 2 officers
• 1 accounts
• 1 address

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2026-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-04
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-29
➖
RANI, Asha resigned
director
2025-11-22
➕
MATHUR, Darshana appointed
director
2025-11-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-06-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-06-03
➖
DUGAR, Siddharth resigned
director
2025-04-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-10-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-15
➕
RANI, Asha appointed
director
2024-10-15
➖
SINGH, Digvijay, Mr. resigned
director
2024-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-04-30
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-30
📄
capital-allotment-shares
capital · SH01
2024-03-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-15
➕
SINGH, Digvijay, Mr. appointed
director
2023-04-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-21
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-04-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-07-09
🏢
Company incorporated
As WE ARE ACCOUNTABLES LTD
2018-07-09
➕
DUGAR, Siddharth 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 high · 1 med ·

Confirmation statement overdue

high

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

Evidence: Next due: 2026-05-14

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: DUGAR, Siddharth resigned 2025-06-03; RANI, Asha resigned 2025-11-29

Group structure

We Are Accountables Holding Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

We Are Accountables Holding Ltd

Corporate parent · holds 75-100% shares

ultimate parent

⬇

WE ARE ACCOUNTABLES LTD

This company · SC602028

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
We Are Accountables Holding Ltd Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	30/03/2024

1 historic (ceased) PSC

Mr Siddharth Dugarceased 30/03/2024· 75-100% shares · 75-100% voting · board control

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 · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SEEBYTE LIMITED→ SC194014 · est 1999	£6.84M £4.88M–£8.79M	£10.82M	—	8800	27y	92	61y
CANONGATE BOOKS LIMITED→ SC152259 · est 1994	£6.02M £4.30M–£7.74M	—	—	64	31y	85	65y
EXTRAORDINARY MANAGED SERVICES LIMITED→ SC214448 · est 2001 · no financials extracted	—	—	—	—	25y	83	58y
INFOGISTICS LIMITED→ SC208321 · est 2000	—	—	—	700	25y	83	60y
INTELLIGENT MOBILE LIMITED→ SC266060 · est 2004	—	—	—	—	22y	83	66y
MICROSYS SOLUTIONS LIMITED→ SC185715 · est 1998	—	—	£140.2k	—	28y	83	59y
NDI TECHNOLOGIES LTD.→ SC173002 · est 1997 · no financials extracted	—	—	—	—	29y	83	93y
NETWORK ROI LTD→ SC299422 · est 2006	—	—	£161.9k	—	20y	83	71y
NILE HQ LTD→ SC306908 · est 2006	—	—	—	40	19y	83	63y
OCCUPANCY MARKETING LIMITED→ SC360835 · est 2009	—	—	£2.10M	—	16y	83	60y
OPTIMISE HOLDINGS LIMITED→ SC291827 · est 2005	—	—	—	300	20y	83	63y
OPTIMISE SOLUTIONS LIMITED→ SC119824 · est 1989	—	—	—	100	36y	83	63y

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

Incorporated2018-07-09

Jurisdictionscotland

Primary SIC62020 — Information technology consultancy activities

Registered office

3/3 Wheatfield Road

Edinburgh

EH11 2PS

Scotland

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-05-14OVERDUE

Last: 2025-04-30

Officers (1 active · 3 resigned)

MATHUR, Darshana→

director · ~39y · appointed 2025-11-22

View their other companies + combined net worth →

Active

DUGAR, Siddharth→

director · ~35y · appointed 2018-07-09 · resigned 2025-06-03

Resigned

RANI, Asha→

director · ~52y · appointed 2024-10-15 · resigned 2025-11-29

Resigned

SINGH, Digvijay, Mr.→

director · ~28y · appointed 2024-03-15 · resigned 2024-10-15

Resigned

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

Recent filings (29 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2026-04-30

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-02-04

termination-director-company-with-name-termination-date

officers · TM01

2025-12-10

appoint-person-director-company-with-name-date

officers · AP01

2025-11-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-06-17

termination-director-company-with-name-termination-date

officers · TM01

2025-06-16

accounts-with-accounts-type-micro-entity

accounts · AA

2025-04-29

termination-director-company-with-name-termination-date

officers · TM01

2024-10-25

appoint-person-director-company-with-name-date

officers · AP01

2024-10-25

confirmation-statement-with-updates

confirmation-statement · CS01

2024-04-30

accounts-with-accounts-type-micro-entity

accounts · AA

2024-04-30

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2024-04-30

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-04-30

capital-allotment-shares

capital · SH01

2024-04-30

appoint-person-director-company-with-name-date

officers · AP01

2024-03-26