00224674 LIMITED

💤Zombieactive
00224674 · ltd · incorporated 1927-09-26
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
47/100
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Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 47/100 (watch), bankability 55/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: low (31/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
No officers data
0
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
3 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
47/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
31
Multiple red flags — proceed with caution.
Signal strength
60
Adequate data — full accounts will sharpen view.

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 (4 events)Click to expand
  1. 2019-12-13
    ⚠️
    order-of-court-restoration-previously-members-voluntary-liquidation
    insolvency · REST-MVL
  2. 2019-12-13
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  4. 1927-09-26
    🏢
    Company incorporated
    As 00224674 LIMITED

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 99 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryStable-but-static management: Company is 99 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 1999-10-31

No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2019-12-13: order-of-court-restoration-previously-members-voluntary-liquidation

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated1927-09-26
Jurisdictionengland-wales
Primary SIC

Registered office

41 Madison Street
Blyth
NE24 1EY

Filing status

Accounts
Next due: 1999-10-31OVERDUE
Last made up to:
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

Recent filings (3 total)

order-of-court-restoration-previously-members-voluntary-liquidation
insolvency · REST-MVL
2019-12-13
certificate-change-of-name-company
change-of-name · CERTNM
2019-12-13
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01