SOLA FURNITURE LIMITED

💤Zombieactive
02680592 · ltd · incorporated 1992-01-23
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
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 75-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 75). 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 33.8y

45/100
under pressure

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

  • · Oldest live charge is 33.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
11 officers (1 active, 11 linked, 5 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 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.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2025-03-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-03-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-07-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-07-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-06-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2019-12-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-09-30
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  8. 2019-01-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-01-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2017-01-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2016-11-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-05-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-01-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-04-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2012-12-21
    HANSON, John resigned
    secretary
  16. 2002-07-16
    HANSON, John appointed
    secretary
  17. 2002-07-16
    HEAD, Peter Douglas resigned
    secretary
  18. 2002-07-16
    HEAD, Douglas Henry resigned
    director
  19. 1993-05-13
    🔓
    Charge satisfied #1
  20. 1993-04-29
    HEAD, Peter Douglas appointed
    director
  21. 1993-04-29
    CRESSWELL, David Leslie resigned
    secretary
  22. 1993-04-29
    HEAD, Peter Douglas appointed
    secretary
  23. 1993-04-29
    COOMBS, Christopher John resigned
    director
  24. 1993-04-29
    CRESSWELL, David Leslie resigned
    director
  25. 1993-04-29
    HEAD, Douglas Henry appointed
    director
  26. 1993-04-29
    NOTT, Mark Rodney resigned
    director
  27. 1992-07-27
    🔒
    Charge registered #1
    Lender: Mark Rodney Nott
  28. 1992-02-28
    CRESSWELL, David Leslie appointed
    secretary
  29. 1992-02-28
    NOTT, Christine Ann resigned
    secretary
  30. 1992-02-28
    COOMBS, Christopher John appointed
    director
  31. 1992-02-28
    CRESSWELL, David Leslie appointed
    director
  32. 1992-01-29
    NOTT, Christine Ann appointed
    secretary
  33. 1992-01-29
    MBC SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  34. 1992-01-29
    NOTT, Mark Rodney appointed
    director
  35. 1992-01-29
    MBC NOMINEES LIMITED resigned
    corporate-nominee-director
  36. 1992-01-23
    🏢
    Company incorporated
    As SOLA FURNITURE LIMITED
  37. 1992-01-23
    MBC SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  38. 1992-01-23
    MBC NOMINEES LIMITED appointed
    corporate-nominee-director

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 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — 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 75 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 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 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

Howlands (Furniture) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Howlands (Furniture) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SOLA FURNITURE LIMITED
This company · 02680592

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
Howlands (Furniture) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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
Incorporated1992-01-23
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

36 Dashwood Avenue
High Wycombe
Buckinghamshire
HP12 3DX

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (1 active · 10 resigned)

HEAD, Peter Douglas
director · ~75y · appointed 1993-04-29
View their other companies + combined net worth →
Active
CRESSWELL, David Leslie
secretary · appointed 1992-02-28 · resigned 1993-04-29
Resigned
HANSON, John
secretary · appointed 2002-07-16 · resigned 2012-12-21
Resigned
HEAD, Peter Douglas
secretary · appointed 1993-04-29 · resigned 2002-07-16
Resigned
NOTT, Christine Ann
secretary · appointed 1992-01-29 · resigned 1992-02-28
Resigned
MBC SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1992-01-23 · resigned 1992-01-29
Resigned
COOMBS, Christopher John
director · ~86y · appointed 1992-02-28 · resigned 1993-04-29
Resigned
CRESSWELL, David Leslie
director · ~85y · appointed 1992-02-28 · resigned 1993-04-29
Resigned
HEAD, Douglas Henry
director · ~106y · appointed 1993-04-29 · resigned 2002-07-16
Resigned
NOTT, Mark Rodney
director · ~71y · appointed 1992-01-29 · resigned 1993-04-29
Resigned
MBC NOMINEES LIMITED
corporate-nominee-director · appointed 1992-01-23 · resigned 1992-01-29
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
Mark Rodney Nott
Debenture1 property27/07/199213/05/1993

Recent filings (109 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-dormant
accounts · AA
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-dormant
accounts · AA
2024-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-26
accounts-with-accounts-type-dormant
accounts · AA
2023-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-24
accounts-with-accounts-type-dormant
accounts · AA
2022-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-01
accounts-with-accounts-type-dormant
accounts · AA
2021-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-04
accounts-with-accounts-type-dormant
accounts · AA
2019-12-17
change-sail-address-company-with-old-address-new-address
address · AD02
2019-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2019-01-28