02311552 LIMITED

💤Zombieactive
02311552 · ltd · incorporated 1988-11-01
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
not disclosed
Net worth
book net assets
Opportunity
43/100
Watch
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 7415
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 43/100 (watch), bankability 2/100. Strong seller-intent signal (65/100, director aged 63). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (80/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

8 live charges · 5 lenders · oldest 36.6y

15/100
under pressure

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

  • · Oldest live charge is 36.6 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: low (46/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 6 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
43/100Watch
PassWatchWorth a lookStrongExceptional 

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

Business quality
15
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
12
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

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 (51 events)Click to expand
  1. 2017-02-23
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  2. 2017-02-23
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  3. 2017-02-23
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  4. 2017-02-01
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  5. 2016-11-21
    ⚠️
    liquidation-receiver-cease-to-act-receiver
    insolvency · RM02
  6. 2014-10-27
    ⚠️
    liquidation-receiver-appointment-of-receiver
    insolvency · RM01
  7. 2014-09-26
    📄
    restoration-order-of-court
    restoration · AC92
  8. 2014-09-26
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  9. 2008-05-07
    📄
    gazette-dissolved-compulsary
    gazette · GAZ2
  10. 2008-01-15
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  11. 2007-05-03
    📄
    legacy
    annual-return · 363a
  12. 2007-05-03
    📍
    legacy
    address · 287
  13. 2006-10-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2006-05-05
    📄
    legacy
    mortgage · 395
  15. 2006-04-14
    🔒
    Charge registered #8
    Lender: The Governor and Company of the Bank of Scotland
  16. 2005-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2005-08-17
    📄
    legacy
    annual-return · 363a
  18. 2005-06-15
    📄
    legacy
    mortgage · 395
  19. 2005-06-15
    📄
    legacy
    mortgage · 395
  20. 2005-06-03
    📄
    legacy
    mortgage · 403a
  21. 2005-06-03
    📄
    legacy
    mortgage · 403a
  22. 2005-06-03
    📄
    legacy
    mortgage · 403a
  23. 2005-06-03
    🔓
    Charge satisfied #5
  24. 2005-06-03
    🔓
    Charge satisfied #2
  25. 2005-06-03
    🔓
    Charge satisfied #1
  26. 2005-06-02
    🔒
    Charge registered #7
    Lender: Arentz Hansen LTD
  27. 2005-06-02
    🔒
    Charge registered #6
    Lender: Arentz Hansen LTD
  28. 2005-02-22
    📄
    legacy
    annual-return · 363s
  29. 2004-09-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  30. 2004-07-09
    📄
    legacy
    mortgage · 395
  31. 2004-06-22
    🔒
    Charge registered #5
    Lender: Rdm Factors Limited
  32. 2003-12-10
    📄
    legacy
    annual-return · 363s
  33. 2003-08-06
    PARMAR, Jaisri appointed
    secretary
  34. 2003-08-06
    PARMAR, Kalavati resigned
    secretary
  35. 2003-08-06
    PARMAR, Bharat Gandobhai resigned
    director
  36. 1999-04-16
    PARMAR, Umeshchandra Gandobhai appointed
    director
  37. 1999-04-16
    PARMAR, Bharat Gandobhai appointed
    director
  38. 1999-04-16
    PARMAR, Jaisri resigned
    director
  39. 1998-03-25
    PARMAR, Bharat Gandobhai resigned
    director
  40. 1998-03-25
    PARMAR, Jaisri appointed
    director
  41. 1998-03-25
    PARMAR, Umeshchandra Gandobhai resigned
    director
  42. 1996-03-29
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  43. 1996-03-14
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  44. 1993-05-01
    PARMAR, Bharat Gandobhai appointed
    director
  45. 1993-04-28
    PARMAR, Kalavati appointed
    secretary
  46. 1993-04-28
    PARMAR, Umeshchandra Gandobhai resigned
    secretary
  47. 1993-04-28
    PARMAR, Bharat Gandobhai resigned
    director
  48. 1989-10-09
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  49. 1989-10-09
    🔒
    Charge registered #1
    Lender: Bradford & Bingley Building Society
  50. 1988-11-01
    🏢
    Company incorporated
    As 02311552 LIMITED
Showing most recent 50 of 51 events

Owner dependency

93/100
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 27 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 37 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high · 2 med · 1 low
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: 2007-02-28

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2016-08-10

6 insolvency-related filings on record
high

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

Evidence: 2017-02-23: liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date; 2017-02-23: liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Similar companies

Active · Professional services · GU postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
10SIXTYSIX LEARNING CONSULTANCY LTD
13382577 · est 2021 · no financials extracted
4y
15MB LTD.
10712197 · est 2017 · no financials extracted
9y
16 BIT CONSULTING LIMITED
16458956 · est 2025 · no financials extracted
1650 CONSULTING LIMITED
16327249 · est 2025 · no financials extracted
1y
17 XL LTD
12145831 · est 2019 · no financials extracted
6y
1997 GROUP LIMITED
15074920 · est 2023 · no financials extracted
2y
19I LTD
12221349 · est 2019 · no financials extracted
6y
1FRL LIMITED
11559545 · est 2018 · no financials extracted
7y
1ST EXECUTIVE LIMITED
04642279 · est 2003 · no financials extracted
23y
20X LTD
15776018 · est 2024 · no financials extracted
1y
24B CONSULTANCY LTD
10762424 · est 2017 · no financials extracted
8y
2D PLAN STORE LTD
09434248 · est 2015 · no financials extracted
11y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

13 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
Incorporated1988-11-01
Jurisdictionengland-wales
Primary SIC7415 — SIC 7415

Registered office

27 Albert Drive, Sheerwater
Woking
Surrey
GU21 5LA

Filing status

Accounts
Next due: 2007-02-28OVERDUE
Last made up to: 2005-04-30
Confirmation statement
Next due: 2016-08-10OVERDUE
Last:

Officers (2 active · 7 resigned)

PARMAR, Jaisri
secretary · appointed 2003-08-06
View their other companies + combined net worth →
Active
PARMAR, Umeshchandra Gandobhai
director · ~63y · appointed 1999-04-16
View their other companies + combined net worth →
Active
PARMAR, Kalavati
secretary · appointed 1993-04-28 · resigned 2003-08-06
Resigned
PARMAR, Umeshchandra Gandobhai
secretary · resigned 1993-04-28
Resigned
PARMAR, Bharat Gandobhai
director · ~65y · appointed 1999-04-16 · resigned 2003-08-06
Resigned
PARMAR, Bharat Gandobhai
director · ~65y · appointed 1993-05-01 · resigned 1998-03-25
Resigned
PARMAR, Bharat Gandobhai
director · ~65y · resigned 1993-04-28
Resigned
PARMAR, Jaisri
director · ~61y · appointed 1998-03-25 · resigned 1999-04-16
Resigned
PARMAR, Umeshchandra Gandobhai
director · ~63y · appointed 1988-11-01 · resigned 1998-03-25
Resigned

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

Mortgages & charges

8
Total charges
5
Outstanding
3
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property14/04/2006
outstanding
Arentz Hansen
Arentz Hansen LTD
Legal charge1 property02/06/2005
outstanding
Arentz Hansen
Arentz Hansen LTD
Deed of debenture1 property02/06/2005
satisfied
Rdm Factors
Rdm Factors Limited
Legal charge1 property22/06/200403/06/2005
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property29/03/1996
outstanding
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property14/03/1996
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property09/10/198903/06/2005
satisfied
Bradford & Bingley Building Society
Legal charge1 property09/10/198903/06/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (79 total)

liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2017-02-23
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2017-02-23
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2017-02-23
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2017-02-01
liquidation-receiver-cease-to-act-receiver
insolvency · RM02
2016-11-21
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2014-10-27
restoration-order-of-court
restoration · AC92
2014-09-26
certificate-change-of-name-company
change-of-name · CERTNM
2014-09-26
gazette-dissolved-compulsary
gazette · GAZ2
2008-05-07
gazette-notice-compulsary
gazette · GAZ1
2008-01-15
legacy
annual-return · 363a
2007-05-03
legacy
address · 287
2007-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2006-10-12
legacy
mortgage · 395
2006-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2005-12-23