AUGUST RACE WORLDWIDE LIMITED
🌳Matureactive
07987368 · ltd · incorporated 2012-03-12
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-5.6k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 46750
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
49 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
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £5,632
Key financials
2 years extracted from filed iXBRL accountsCash
£730
Net Worth
-£6k
↑ 60% YoY
Current Assets
£11k
↓ 49% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £7.6k | £-826 |
| Current assets | £10.9k | £21.5k |
| Cash | £730 | — |
| Debtors | £3.1k | £17.5k |
| Net assets | £-5.6k | £-14.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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
3
filings
- • 2 officers
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-03-03📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-03📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-07-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-09📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-09📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-21📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-21📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-03-12🏢Company incorporatedAs AUGUST RACE WORLDWIDE LIMITED
- 2012-03-12➕WALLBANK, Peter Joseph appointeddirector
- 2012-03-12➕WALLBANK, Sarah Ann appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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 registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter Joseph Wallbank Individual · British · DOB 02/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Sarah Ann Wallbank Individual · British · DOB 11/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 →Similar companies
Active · Wholesale & distribution · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 100318 LIMITED→ 11249542 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 1305 LTD→ 15660177 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST STOP JAS LTD→ 15427823 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 3D SUPERMARKET LIMITED→ 10176230 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 3MGSM UK LTD→ 16448675 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4 ACTIONS LIMITED→ 10002742 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| A & T ANIMATIONS LTD→ 12132242 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AASALES17 LTD→ 16197500 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABBEY BUSINESS MACHINES LIMITED→ 07323202 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ACROWLINE LIMITED→ 02917486 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| ALGLAS LIMITED→ 12285873 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALLURO LTD→ 12878734 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Typeltd
Incorporated2012-03-12
Jurisdictionengland-wales
Primary SIC46750 — SIC 46750
Registered office
Riverview Dart Mills Estate
Old Totnes Road
Buckfastleigh
Devon
TQ11 0NF
England
Filing status
Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11
Officers (2 active · 0 resigned)
WALLBANK, Peter Joseph→
Activedirector · ~45y · appointed 2012-03-12
View their other companies + combined net worth →
WALLBANK, Sarah Ann→
Activedirector · ~51y · appointed 2012-03-12
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (49 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-16
change-person-director-company-with-change-date
officers · CH01
2026-03-03
change-person-director-company-with-change-date
officers · CH01
2026-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-24
change-person-director-company-with-change-date
officers · CH01
2024-07-22
change-person-director-company-with-change-date
officers · CH01
2024-07-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-26
change-person-director-company-with-change-date
officers · CH01
2023-10-09
change-person-director-company-with-change-date
officers · CH01
2023-10-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-09