ADDCOLOUR TRADING LTD

💤Zombieactive
02009599 · ltd · incorporated 1986-04-14
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
£203.3k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: SIC 46750
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 23.0y

45/100
under pressure

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

  • · Oldest live charge is 23.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
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
7 officers (1 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £203,320
Net assets shrinking
Down £11,039 YoY
Cash YoY
-10%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£47k
↓ 10% YoY
Net Worth
£203k
↓ 5.1% YoY
Current Assets
£210k
↓ 18% YoY
Current Liabilities
£0£52k£103k£155k£206k£258kMar 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
Total assets£203.3k£222.3k
Current assets£210.1k£257.6k
Cash£46.8k£52.0k
Debtors£163.4k£205.5k
Net assets£203.3k£214.4k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-04-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-04-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-08-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2023-05-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-04-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-05-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2020-10-19
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2020-10-08
    📄
    memorandum-articles
    incorporation · MA
  9. 2020-10-08
    📄
    capital-name-of-class-of-shares
    capital · SH08
  10. 2020-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2019-04-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2018-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-04-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2017-04-06
    BRADSHAW, Donald resigned
    secretary
  16. 2017-04-06
    BRADSHAW, Donald resigned
    director
  17. 2017-04-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2016-10-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2015-08-04
    PARKINSON, David resigned
    director
  20. 2003-10-31
    BRADSHAW, Donald appointed
    secretary
  21. 2003-10-31
    PARKINSON, David resigned
    secretary
  22. 2003-04-28
    🔒
    Charge registered #1
    Lender: Hsbc Invoice Finance (UK) LTD
  23. 2003-04-01
    MATTHEWS, Darrell appointed
    director
  24. 2001-06-01
    SHARPLES, Marc resigned
    director
  25. 2001-06-01
    WHITNEY, Mark Sumpter resigned
    director
  26. 1999-01-04
    WHITNEY, Mark Sumpter appointed
    director
  27. 1997-07-01
    SHARPLES, Marc appointed
    director
  28. 1986-04-14
    🏢
    Company incorporated
    As ADDCOLOUR TRADING LTD

Owner dependency

85/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Darrell Matthews
Individual · British · DOB 11/1978 · age 48
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/05/2016
1 historic (ceased) PSC
  • Mr Donald Bradshawceased 06/04/2017· 25-50% shares

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

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
Typeltd
Incorporated1986-04-14
Jurisdictionengland-wales
Primary SIC46750 — SIC 46750

Registered office

Hewitt Business Park
Winstanley Road
Orrell Wigan
Lancashire
WN5 7XA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21

Officers (1 active · 6 resigned)

MATTHEWS, Darrell
director · ~48y · appointed 2003-04-01
View their other companies + combined net worth →
Active
BRADSHAW, Donald
secretary · appointed 2003-10-31 · resigned 2017-04-06
Resigned
PARKINSON, David
secretary · resigned 2003-10-31
Resigned
BRADSHAW, Donald
director · ~77y · resigned 2017-04-06
Resigned
PARKINSON, David
director · ~75y · resigned 2015-08-04
Resigned
SHARPLES, Marc
director · ~60y · appointed 1997-07-01 · resigned 2001-06-01
Resigned
WHITNEY, Mark Sumpter
director · ~61y · appointed 1999-01-04 · resigned 2001-06-01
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
HSBC
Hsbc Invoice Finance (UK) LTD
Fixed charge on purchased debts which fail to vest1 property28/04/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (118 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-04-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-05-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-24
resolution
resolution · RESOLUTIONS
2020-10-19
memorandum-articles
incorporation · MA
2020-10-08
capital-name-of-class-of-shares
capital · SH08
2020-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-27