AMICA LIMITED

💤Zombieactive
02005768 · ltd · incorporated 1986-04-02
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 Dec 2024
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading with a 83-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 83). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 38.0y

45/100
under pressure

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

  • · Oldest live charge is 38.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (74/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
109 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Average employees0

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-04-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2024-06-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-04-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2023-08-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-05-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2023-02-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-05-13
    📄
    legacy
    miscellaneous · ANNOTATION
  10. 2022-04-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2021-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-04-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-08-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2014-08-13
    ALLEN, David Ronald resigned
    secretary
  17. 2007-02-03
    🔓
    Charge satisfied #1
  18. 1997-09-23
    NATHAN, David Edward resigned
    director
  19. 1995-03-17
    SNOWBALL, Sydney appointed
    director
  20. 1995-03-17
    ALLEN, David Ronald appointed
    secretary
  21. 1995-03-17
    MANNING, Sarah Elisabeth resigned
    secretary
  22. 1988-07-19
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  23. 1986-04-02
    🏢
    Company incorporated
    As AMICA LIMITED

Owner dependency

100/100
Critical — business is the founder

The 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.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Modrec International Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Modrec International Limited
Corporate parent · holds 75-100% shares
ultimate parent
AMICA LIMITED
This company · 02005768

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Modrec International Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting06/04/2016
1 historic (ceased) PSC
  • Sydney Snowballceased 06/04/2023· significant influence

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

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
Incorporated1986-04-02
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

246 Park View
Whitley Bay
Tyne And Wear
NE26 3QX
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-19
Last: 2026-04-05

Officers (1 active · 3 resigned)

SNOWBALL, Sydney
director · ~83y · appointed 1995-03-17
View their other companies + combined net worth →
Active
ALLEN, David Ronald
secretary · appointed 1995-03-17 · resigned 2014-08-13
Resigned
MANNING, Sarah Elisabeth
secretary · resigned 1995-03-17
Resigned
NATHAN, David Edward
director · ~76y · resigned 1997-09-23
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
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property19/07/198803/02/2007

Recent filings (109 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-17
accounts-with-accounts-type-dormant
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-05-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-24
legacy
miscellaneous · ANNOTATION
2022-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-12