ATKINSON DONNELLY LLP
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| 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.
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
- • 1 accounts
Corporate timeline (42 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-09📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-11📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-06-10📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2024-06-10📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2023-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-12📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-29📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-31📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-07-05📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2021-07-05📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2021-06-24📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2021-06-24📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC01
- 2020-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-28📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC02
- 2020-09-01📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2019-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-21📄change-account-reference-date-limited-liability-partnershipaccounts · LLAA01
- 2019-09-11📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2019-09-04📄change-account-reference-date-limited-liability-partnership-previous-shortenedaccounts · LLAA01
- 2019-09-04📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2019-07-31📄change-account-reference-date-limited-liability-partnership-previous-extendedaccounts · LLAA01
- 2018-11-01➕LERMER, Jeffrey Ian appointedllp-designated-member
- 2018-11-01➕AD PLUS ACCOUNTANTS LTD appointedcorporate-llp-designated-member
- 2018-10-31➖DONNELLY, Matthew resignedllp-designated-member
- 2016-04-06➕DONNELLY, Michael appointedllp-designated-member
- 2016-04-06➖DONNELLY, Joan Ann Early resignedllp-designated-member
- 2016-04-06➖AD BUSINESS SOLUTIONS LTD resignedcorporate-llp-designated-member
- 2014-06-09➕DONNELLY, Joan Ann Early appointedllp-designated-member
- 2011-11-29🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2011-09-12➕AD BUSINESS SOLUTIONS LTD appointedcorporate-llp-designated-member
- 2011-09-12➖MACDON LIMITED resignedcorporate-llp-designated-member
- 2011-03-31➖MCCRORIE, Kenneth Thomas resignedllp-designated-member
- 2011-02-18➕MACDON LIMITED appointedcorporate-llp-designated-member
- 2009-02-23➖ROONEY, Dennis resignedllp-designated-member
- 2008-05-05➕ROONEY, Dennis appointedllp-designated-member
- 2007-08-28🏢Company incorporatedAs ATKINSON DONNELLY LLP
- 2007-08-28➕DONNELLY, Matthew appointedllp-designated-member
- 2007-08-28➕MCCRORIE, Kenneth Thomas appointedllp-designated-member
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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
cleanGroup structure
Ad Plus Accountants Ltd holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ad Plus Accountants Ltd Corporate entity | — | — | sig. influencesignificant influence | 29/08/2020 |
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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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 →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
Registered office
Filing status
Officers (3 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 29/11/2011 | — |