ACCURATE ARMOUR LIMITED
💤Zombieactive
SC111115 · ltd · incorporated 1988-05-12
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 Jun 2025
Net worth
£14.6k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
PursueActive trading company with a 69-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 69). 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 37.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 37.8 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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £14,603
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£15k
↑ 83% YoY
Current Assets
£21k
↓ 34% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £14.6k | £8.0k |
| Current assets | £21.3k | £32.1k |
| Net assets | £14.6k | £8.0k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-11-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-03-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-01-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-02-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-02-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-02-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-01-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 1988-07-18🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1988-05-12🏢Company incorporatedAs ACCURATE ARMOUR LIMITED
Owner dependency
95/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +No director turnover: Company is 38 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Derek Hansen Individual · British · DOB 08/1957 · age 69 | 75–100% | — | 75-100% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Janet Hansenceased 03/07/2019· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| ANGELWAX LIMITED→ SC383865 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ANVIL ART ENGINEERING LIMITED→ SC447155 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| AOI SYSTEMS LIMITED→ SC254755 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| APPROVED CARAVAN SERVICES LIMITED→ SC318883 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| AQUA SYSTEMS (U.K.) LIMITED→ SC558105 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1988-05-12
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
Units 6-7 Kelburn Business Park
Port Glasgow
PA14 6TD
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-14
Last: 2025-09-30
Officers (2 active · 0 resigned)
Active
Active
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 18/07/1988 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (92 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-10-05
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-21