ATKINSON DONNELLY LLP

💤Zombieactive
SO301508 · llp · incorporated 2007-08-28
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
73/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 14.4y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 14.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
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 accounts
Cash
£953k
↑ 50% YoY
Net Worth
Current Assets
£1.5m
↑ 47% YoY
Current Liabilities
£0£307k£615k£922k£1.2m£1.5mMar 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
Current assets£1.54M£1.05M
Cash£953.2k£634.6k
Debtors£571.8k£403.4k

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 (42 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-09
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  3. 2024-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-09-11
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  5. 2024-06-10
    📄
    cessation-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC07
  6. 2024-06-10
    📄
    cessation-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC07
  7. 2023-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-09-12
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  9. 2022-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-08-29
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  11. 2021-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-08-31
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  13. 2021-07-05
    📄
    change-to-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC04
  14. 2021-07-05
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  15. 2021-06-24
    📄
    change-to-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC04
  16. 2021-06-24
    📄
    notification-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC01
  17. 2020-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-10-28
    📄
    notification-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC02
  19. 2020-09-01
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  20. 2019-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-10-21
    📄
    change-account-reference-date-limited-liability-partnership
    accounts · LLAA01
  22. 2019-09-11
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  23. 2019-09-04
    📄
    change-account-reference-date-limited-liability-partnership-previous-shortened
    accounts · LLAA01
  24. 2019-09-04
    📄
    cessation-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC07
  25. 2019-07-31
    📄
    change-account-reference-date-limited-liability-partnership-previous-extended
    accounts · LLAA01
  26. 2018-11-01
    LERMER, Jeffrey Ian appointed
    llp-designated-member
  27. 2018-11-01
    AD PLUS ACCOUNTANTS LTD appointed
    corporate-llp-designated-member
  28. 2018-10-31
    DONNELLY, Matthew resigned
    llp-designated-member
  29. 2016-04-06
    DONNELLY, Michael appointed
    llp-designated-member
  30. 2016-04-06
    DONNELLY, Joan Ann Early resigned
    llp-designated-member
  31. 2016-04-06
    AD BUSINESS SOLUTIONS LTD resigned
    corporate-llp-designated-member
  32. 2014-06-09
    DONNELLY, Joan Ann Early appointed
    llp-designated-member
  33. 2011-11-29
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  34. 2011-09-12
    AD BUSINESS SOLUTIONS LTD appointed
    corporate-llp-designated-member
  35. 2011-09-12
    MACDON LIMITED resigned
    corporate-llp-designated-member
  36. 2011-03-31
    MCCRORIE, Kenneth Thomas resigned
    llp-designated-member
  37. 2011-02-18
    MACDON LIMITED appointed
    corporate-llp-designated-member
  38. 2009-02-23
    ROONEY, Dennis resigned
    llp-designated-member
  39. 2008-05-05
    ROONEY, Dennis appointed
    llp-designated-member
  40. 2007-08-28
    🏢
    Company incorporated
    As ATKINSON DONNELLY LLP
  41. 2007-08-28
    DONNELLY, Matthew appointed
    llp-designated-member
  42. 2007-08-28
    MCCRORIE, Kenneth Thomas appointed
    llp-designated-member

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Ad Plus Accountants Ltd holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Ad Plus Accountants Ltd
Corporate parent
ATKINSON DONNELLY LLP
This company · SO301508

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Ad Plus Accountants Ltd
Corporate entity
sig. influencesignificant influence29/08/2020
3 historic (ceased) PSCs
  • Mr Michael Donnellyceased 12/05/2024· 25-50% voting
  • Mr Jeffrey Ian Lermerceased 12/05/2024· 75-100% voting
  • Mr Matthew Donnellyceased 31/10/2018· control reported

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

6 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
Incorporated2007-08-28
Jurisdictionscotland
Primary SIC

Registered office

1 Cambuslang Court
Cambuslang
Glasgow
G32 8FH

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-11
Last: 2025-08-28

Officers (3 active · 6 resigned)

DONNELLY, Michael
llp-designated-member · ~41y · appointed 2016-04-06
View their other companies + combined net worth →
Active
LERMER, Jeffrey Ian
llp-designated-member · ~62y · appointed 2018-11-01
View their other companies + combined net worth →
Active
AD PLUS ACCOUNTANTS LTD
corporate-llp-designated-member · appointed 2018-11-01
View their other companies + combined net worth →
Active
DONNELLY, Joan Ann Early
llp-designated-member · ~67y · appointed 2014-06-09 · resigned 2016-04-06
Resigned
DONNELLY, Matthew
llp-designated-member · ~69y · appointed 2007-08-28 · resigned 2018-10-31
Resigned
MCCRORIE, Kenneth Thomas
llp-designated-member · ~77y · appointed 2007-08-28 · resigned 2011-03-31
Resigned
ROONEY, Dennis
llp-designated-member · ~72y · appointed 2008-05-05 · resigned 2009-02-23
Resigned
AD BUSINESS SOLUTIONS LTD
corporate-llp-designated-member · appointed 2011-09-12 · resigned 2016-04-06
Resigned
MACDON LIMITED
corporate-llp-designated-member · appointed 2011-02-18 · resigned 2011-09-12
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
Floating charge1 property29/11/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (67 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-09-11
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2024-06-10
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2024-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-09-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-25
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-31
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-08-31
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2021-07-05
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2021-07-05
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2021-06-24