LETGOLD LIMITED

💤Zombieactive

02844703 · ltd · incorporated 1993-08-13

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 Aug 2024

Net worth

£-68.1k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). 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).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (2 active, 6 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

8 connected companies via shared directors

Filing history

85 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £68,062

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£68k

~ YoY

Current Assets

£2

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-08-31	2023-08-31
Total assets	£-68.1k	£-68.1k
Current assets	£2	£2
Net assets	£-68.1k	£-68.1k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-05-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-14
📄
change-person-director-company-with-change-date
officers · CH01
2018-08-14
📄
change-person-secretary-company-with-change-date
officers · CH03
2018-05-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-04-11
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-10
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-02-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2011-08-20
➖
SOUKI, Walid Khalil resigned
director
1993-10-31
➖
COUTSAVLIS, Stylianos Simon resigned
director
1993-08-25
➕
BOSSOMAIER, Conrad Charles appointed
secretary
1993-08-25
➕
BOSSOMAIER, Conrad Charles appointed
director
1993-08-25
➖
HALLMARK SECRETARIES LIMITED resigned
corporate-nominee-secretary
1993-08-25
➕
COUTSAVLIS, Stylianos Simon appointed
director
1993-08-25
➕
SOUKI, Walid Khalil appointed
director
1993-08-25
➖
HALLMARK REGISTRARS LIMITED resigned
corporate-nominee-director
1993-08-13
🏢
Company incorporated
As LETGOLD LIMITED
1993-08-13
➕
HALLMARK SECRETARIES LIMITED appointed
corporate-nominee-secretary
1993-08-13
➕
HALLMARK REGISTRARS 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 71 — 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 71 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 33 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Conrad Charles Bossomaier Individual · British · DOB 06/1955 · age 71	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Walid Khalil Souki Individual · British · DOB 07/1957 · age 69	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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 →

Similar companies

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102 NAILS SUPPLY LTD→ 16668664 · est 2025 · no financials extracted	—	—	—	—	—	—	—
18 ROSE BEAUTY LTD→ 12376755 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
360MAXLDN LTD→ 14201512 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
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414 CONSTRUCTION LTD→ 10390381 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
4G FITNESS LTD→ 13094687 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
4G SCAFFOLDING LTD→ 11004931 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
5 ATLANTIC LIMITED→ 10419099 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
63 MANAGEMENT LIMITED→ 10331719 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
7SKY BEAUTY LTD→ 13525624 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
803 LTD→ 12844474 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
90-100 GODSTONE ROAD FREEHOLD LIMITED→ 03818720 · est 1999 · no financials extracted	—	—	—	—	26y	—	—

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

Incorporated1993-08-13

Jurisdictionengland-wales

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Suffolk House

George Street

Croydon

CR0 0YN

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-08-27

Last: 2025-08-13

Officers (2 active · 4 resigned)

BOSSOMAIER, Conrad Charles→

secretary · appointed 1993-08-25

View their other companies + combined net worth →

Active

BOSSOMAIER, Conrad Charles→

director · ~71y · appointed 1993-08-25

View their other companies + combined net worth →

Active

HALLMARK SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 1993-08-13 · resigned 1993-08-25

Resigned

COUTSAVLIS, Stylianos Simon→

director · ~33y · appointed 1993-08-25 · resigned 1993-10-31

Resigned

SOUKI, Walid Khalil→

director · ~69y · appointed 1993-08-25 · resigned 2011-08-20

Resigned

HALLMARK REGISTRARS LIMITED→

corporate-nominee-director · appointed 1993-08-13 · resigned 1993-08-25

Resigned

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