CHINESE HERITAGE LIMITED

💤Zombieactive
02498398 · ltd · incorporated 1990-05-02
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 May 2025
Net worth
£95.6k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Cultural education
Sector: Education
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 21.9y

45/100
under pressure

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

  • · Oldest live charge is 21.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

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
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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
106 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £95,648
Net assets shrinking
Down £5,114 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£96k
↓ 5.1% YoY
Current Assets
£8k
↑ 16% YoY
Current Liabilities
—
£0£20k£40k£60k£81k£101kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£8.2k£7.2k
Current assets£8.1k£7.0k
Net assets£95.6k£100.8k

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

Recent activity

Last 30 days
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-06-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-05-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2020-05-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-03-01
    ➖
    WU, Zhendi resigned
    director
  13. 2019-06-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2019-06-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2019-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2004-08-27
    🔒
    Charge registered #1
    Lender: Pritt & Company Limited
  18. 1996-11-28
    ➕
    ARRANBEE CONSULTANCY SERVICES LIMITED appointed
    corporate-secretary
  19. 1996-11-28
    ➖
    RAY SPOONER & CO resigned
    corporate-secretary
  20. 1994-05-01
    ➖
    WANG, Zhixing resigned
    secretary
  21. 1994-05-01
    ➕
    RAY SPOONER & CO appointed
    corporate-secretary
  22. 1992-01-01
    ➕
    WANG, Zhixing, Mr. appointed
    director
  23. 1990-05-25
    ➕
    WU, Zhendi appointed
    director
  24. 1990-05-02
    🏢
    Company incorporated
    As CHINESE HERITAGE 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 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

95/100
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 69. 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 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Dr Zhixing Wang
Individual · British · DOB 04/1957 · age 69
75–100%
—board control75-100% shares · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Education & training · SP postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ACADEMY OF CHEESE→
10184112 · est 2016 · no financials extracted
————9y——
ARGUS 1 TRAINING LIMITED→
12780421 · est 2020 · no financials extracted
————5y——
BRAMBLES OUTDOOR NURSERY GROUP LIMITED→
11838939 · est 2019 · no financials extracted
————7y——
CAMPFIRE WILD ADVENTURES LTD→
12121106 · est 2019 · no financials extracted
————6y——
CASS DRIVING LTD→
16236592 · est 2025 · no financials extracted
————1y——
CHAPEL ARTS STUDIOS→
11307517 · est 2018 · no financials extracted
————8y——
COMMUKNITTY C.I.C.→
13001957 · est 2020 · no financials extracted
————5y——
DH STUDENT GUARDIANSHIP LTD→
17070149 · est 2026 · no financials extracted
———————
DIOCESE OF SALISBURY ACADEMY TRUST→
08656655 · est 2013 · no financials extracted
————12y——
DOVETAIL AVIATION LIMITED→
08813043 · est 2013 · no financials extracted
————12y——
DRIVE HART LTD→
11666622 · est 2018 · no financials extracted
————7y——
DRIVE WITH YVONNE LTD→
15736562 · est 2024 · no financials extracted
————1y——
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
Incorporated1990-05-02
Jurisdictionengland-wales
Primary SIC85520 — Cultural education

Registered office

7 Wardour Castle
Tisbury
Salisbury
SP3 6RH
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-04-04
Last: 2026-03-21

Officers (2 active · 3 resigned)

ARRANBEE CONSULTANCY SERVICES LIMITED→
corporate-secretary · appointed 1996-11-28
View their other companies + combined net worth →
Active
WANG, Zhixing, Mr.→
director · ~69y · appointed 1992-01-01
View their other companies + combined net worth →
Active
WANG, Zhixing→
secretary · resigned 1994-05-01
Resigned
RAY SPOONER & CO→
corporate-secretary · appointed 1994-05-01 · resigned 1996-11-28
Resigned
WU, Zhendi→
director · ~70y · appointed 1990-05-25 · resigned 2020-03-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Pritt & Company
Pritt & Company Limited
Rent deposit deed1 property27/08/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (106 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-31
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-31