A + B BOOKKEEPING LIMITED

🌳Matureactive

07296433 · ltd · incorporated 2010-06-25

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Bookkeeping activities

Sector: Professional, scientific & technical

Investor take

Pursue

Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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, 1 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

5 officers (2 active, 5 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 6 total, 6 with control declared

Director network

2 connected companies via shared directors

Filing history

67 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-04-30	2024-04-30
Average employees	0	0

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-10-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-29
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-06-29
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-06-29
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-06-29
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-12-16
📄
capital-allotment-shares
capital · SH01
2019-12-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-12-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-12-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-07-01
➖
WICKS, David Ian resigned
director
2019-05-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2010-06-25
🏢
Company incorporated
As A + B BOOKKEEPING LIMITED
2010-06-25
➕
HUTCHINGS, Michelle appointed
director
2010-06-25
➕
MORRISH, Phillip Anthony appointed
director
2010-06-25
➕
BRISTOL LEGAL SERVICES LIMITED appointed
corporate-secretary
2010-06-25
➖
BRISTOL LEGAL SERVICES LIMITED resigned
corporate-secretary
2010-06-25
➕
RUSSELL, Thomas Paul appointed
director
2010-06-25
➖
RUSSELL, Thomas Paul resigned
director
2010-06-25
➕
WICKS, David Ian appointed
director

Owner dependency

83/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

89/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 16 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Phillip Anthony Morrish Individual · British · DOB 12/1956 · age 70	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Michelle Hutchings Individual · British · DOB 08/1978 · age 48	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

4 historic (ceased) PSCs

Mr Phillip Anthony Morrishceased 29/06/2020· 25-50% shares
Mrs Michelle Hutchingsceased 29/06/2020· 25-50% voting
Mr David Ian Wicksceased 01/07/2019· 25-50% voting
Mr David Ian Wicksceased 01/07/2019· 25-50% shares

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 →

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2BG PROJECT MANAGEMENT CONSULTANTS LIMITED→ 14690969 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
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360 DEGREE (SW) LTD→ 13390331 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
3C CONSULTANCY SERVICES LTD→ 12253221 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
3SGROUP LIMITED→ 05143582 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
4-C CONSULTING LIMITED→ 13673874 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
462 LIMITED→ 11062521 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
4D CONSULTING LIMITED→ 08345065 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
4WND LIMITED→ 15545108 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
86 DAYS LTD→ 16275998 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
A&A REFRIGERATION LIMITED→ 05501489 · est 2005 · no financials extracted	—	—	—	—	20y	—	—

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

Incorporated2010-06-25

Jurisdictionengland-wales

Primary SIC69202 — Bookkeeping activities

Registered office

21 Bampton Street

Tiverton

Devon

EX16 6AA

England

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-07-09

Last: 2025-06-25

Officers (2 active · 3 resigned)

HUTCHINGS, Michelle→

director · ~48y · appointed 2010-06-25

View their other companies + combined net worth →

Active

MORRISH, Phillip Anthony→

director · ~70y · appointed 2010-06-25

View their other companies + combined net worth →

Active

BRISTOL LEGAL SERVICES LIMITED→

corporate-secretary · appointed 2010-06-25 · resigned 2010-06-25

Resigned

RUSSELL, Thomas Paul→

director · ~59y · appointed 2010-06-25 · resigned 2010-06-25

Resigned

WICKS, David Ian→

director · ~73y · appointed 2010-06-25 · resigned 2019-07-01

Resigned

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