ROWNRACE LIMITED
💤Zombieactive
01923046 · ltd · incorporated 1985-06-17
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 Mar 2024
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47910Retail sale via mail order houses or via Internet
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (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
7 live charges · oldest 40.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 40.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
156 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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-03-31 |
|---|---|
| Average employees | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2026-03-31📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-08-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-01🔓Charge satisfied #7
- 2025-08-01🔓Charge satisfied #6
- 2025-08-01🔓Charge satisfied #5
- 2025-08-01🔓Charge satisfied #4
- 2025-08-01🔓Charge satisfied #3
- 2025-08-01🔓Charge satisfied #2
- 2025-08-01🔓Charge satisfied #1
- 2025-07-17📄capital-allotment-sharescapital · SH01
- 2025-07-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-07-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-07➖MILLER, Benjamin Eli resigneddirector
- 2025-03-31📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-03-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-27➕MILLER, Alexandra appointeddirector
- 2024-02-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-03📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-12-10➖MILLER, Susan resignedsecretary
- 2021-12-10➖MILLER, Susan resigneddirector
- 2008-04-28➖MILLER, Hanania resigneddirector
- 2008-01-23➕MILLER, Benjamin Eli appointeddirector
- 2008-01-23➕MILLER, Susan appointeddirector
- 1996-05-21🔒Charge registered #7Lender: Barclays Bank PLC
- 1989-04-28🔒Charge registered #6Lender: Barclays Bank PLC
- 1988-03-24🔒Charge registered #5Lender: Barclays Bank PLC
- 1986-11-05🔒Charge registered #4Lender: Barclays Bank PLC
- 1986-09-04🔒Charge registered #3Lender: Barclays Bank PLC
- 1986-09-04🔒Charge registered #2Lender: Barclays Bank PLC
- 1986-02-26🔒Charge registered #1Lender: Barclays Bank PLC
- 1985-06-17🏢Company incorporatedAs ROWNRACE LIMITED
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Lrmmz 2 Ltd holds majority control (50-75%). Likely parent but not wholly-owned.
🏛️majority
Lrmmz 2 Ltd
Corporate parent · holds 50-75% shares
⬇
ROWNRACE LIMITED
This company · 01923046
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Lrmmz 2 Ltd Corporate entity | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 07/04/2025 |
Miss Alexandra Miller Individual · British · DOB 07/1979 · age 47 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/09/2021 |
3 historic (ceased) PSCs
- Miss Sophie Millerceased 07/04/2025· 25-50% shares · 25-50% voting
- Mr Benjamin Eli Millerceased 07/04/2025· 25-50% shares · 25-50% voting
- Mrs Susan Millerceased 01/09/2021· 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 →Similar companies
Active · Wholesale & distribution · NW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACE ART ADVISORY LTD→ 13441584 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AEG1 LTD→ 17015777 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AGW HEATING PLUMBING & ELECTRICAL SUPPLIES LTD→ 12590496 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AL AMEER ASSOCIATES LTD→ 11921899 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AL GALI LIMITED→ 06422413 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AL SAFAR FOODS LIMITED→ 16505621 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AL-SAHIL OUD LTD→ 16494090 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALBRION SALES LIMITED→ 01239550 · est 1976 · no financials extracted | — | — | — | — | 50y | — | — |
| ALGAILANI LTD→ 13663867 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALHRIR TRADING LIMITED→ 14411304 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALIJAC LIMITED→ 06825436 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ALL BEES LIMITED→ 02278548 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
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
Incorporated1985-06-17
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
Hallswelle House
1 Hallswelle Road
London
NW11 0DH
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-03-31
Confirmation statement
Next due: 2027-04-21
Last: 2026-04-07
Officers (1 active · 4 resigned)
MILLER, Alexandra→
Activedirector · ~47y · appointed 2024-02-27
View their other companies + combined net worth →
MILLER, Susan→
Resignedsecretary · resigned 2021-12-10
MILLER, Benjamin Eli→
Resigneddirector · ~51y · appointed 2008-01-23 · resigned 2025-04-07
MILLER, Hanania→
Resigneddirector · ~78y · resigned 2008-04-28
MILLER, Susan→
Resigneddirector · ~75y · appointed 2008-01-23 · resigned 2021-12-10
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Floating charge | 1 property | 21/05/1996 | 01/08/2025 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 28/04/1989 | 01/08/2025 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 24/03/1988 | 01/08/2025 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 05/11/1986 | 01/08/2025 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/09/1986 | 01/08/2025 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/09/1986 | 01/08/2025 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 26/02/1986 | 01/08/2025 |
Recent filings (156 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-01
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-03-31
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-17
capital-allotment-shares
capital · SH01
2025-07-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-07-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-14
termination-director-company-with-name-termination-date
officers · TM01
2025-07-14