1-2-1 ACCOUNTANCY (UK) LTD
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -99% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2026-02-28 | 2025-02-28 |
|---|---|---|
| Total assets | £-75.7k | £-105.8k |
| Current assets | £15.1k | £7.8k |
| Cash | £26 | £3.1k |
| Debtors | £15.0k | £4.7k |
| Net assets | £-99.9k | £-135.3k |
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
- • 2 accounts
- • 2 accounts
- • 1 confirmation-statement
- • 2 accounts
- • 1 confirmation-statement
Corporate timeline (22 events)Click to expand
- 2026-04-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-22📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-02-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-13📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-01-28📄gazette-notice-compulsorygazette · GAZ1
- 2024-04-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-13📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-01📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-11-08🏢Company incorporatedAs 1-2-1 ACCOUNTANCY (UK) LTD
- 2011-11-08➕FAULKNER, Scott appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Scott Faulkner Individual · English · DOB 03/1982 · age 44 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.