ACA GROUP LIMITED

💤Zombieactive
SC545505 · ltd · incorporated 2016-09-15
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 Aug 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 9.5y

45/100
under pressure

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

  • · Oldest live charge is 9.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£675k£1.4m£2.0m£2.7m£3.4mAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£3.49M
Current assets£6.0k
Cash£6.0k
Net assets£3.38M
Average employees0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-04-28
    KASZUBOWSKI, Anton Nikolai resigned
    director
  4. 2023-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-01
    📄
    accounts-with-accounts-type-group
    accounts · AA
  8. 2021-03-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-03-24
    🔓
    Charge satisfied #1
  10. 2020-04-30
    📄
    accounts-with-accounts-type-group
    accounts · AA
  11. 2019-08-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2019-07-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2019-07-05
    KEENAN, Joseph Perry resigned
    director
  14. 2019-06-04
    📄
    accounts-with-accounts-type-group
    accounts · AA
  15. 2019-05-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2019-02-20
    KASZUBOWSKI, Anton Nikolai appointed
    director
  17. 2017-11-17
    STILLIE, Ian resigned
    director
  18. 2016-10-31
    STILLIE, Ian appointed
    director
  19. 2016-10-31
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  20. 2016-09-15
    🏢
    Company incorporated
    As ACA GROUP LIMITED
  21. 2016-09-15
    CHANGIZI, Dara Marcus appointed
    director
  22. 2016-09-15
    KEENAN, Joseph Perry appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Raphaelson Holdings Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Raphaelson Holdings Limited
Corporate parent · holds 50-75% shares · board control
majority
ACA GROUP LIMITED
This company · SC545505

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Raphaelson Holdings Limited
Corporate entity
5075%
50–75%board control50-75% shares · 50-75% voting · board control09/05/2019
Mr Dara Marcus Changizi
Individual · British · DOB 01/1972 · age 54
2550%
25–50%25-50% shares · 25-50% voting15/09/2016
1 historic (ceased) PSC
  • Mr Joseph Perry Keenanceased 06/04/2018· 25-50% shares · 25-50% voting

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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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
Incorporated2016-09-15
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Unit 14 Cartside Avenue
Inchinnan Business Park
Inchinnan
Renfrew
PA4 9RP
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-22
Last: 2025-09-08

Officers (1 active · 3 resigned)

CHANGIZI, Dara Marcus
director · ~54y · appointed 2016-09-15
View their other companies + combined net worth →
Active
KASZUBOWSKI, Anton Nikolai
director · ~52y · appointed 2019-02-20 · resigned 2023-04-28
Resigned
KEENAN, Joseph Perry
director · ~65y · appointed 2016-09-15 · resigned 2019-07-05
Resigned
STILLIE, Ian
director · ~65y · appointed 2016-10-31 · resigned 2017-11-17
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge31/10/201624/03/2021

Recent filings (45 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
termination-director-company-with-name-termination-date
officers · TM01
2023-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-27
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-03
accounts-with-accounts-type-group
accounts · AA
2021-06-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-10
mortgage-satisfy-charge-full
mortgage · MR04
2021-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-04