ARMADA STREET RESIDENTS ASSOCIATION LIMITED
💤Zombieactive
02898106 · private-limited-guarant-nsc · incorporated 1994-02-15
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 Feb 2025
Net worth
£2.2k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
24 officers (2 active, 24 linked, 15 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2,155
Net assets shrinking
Down £660 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£2k
↓ 23% YoY
Current Assets
£2k
↓ 23% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £2.2k | £2.8k |
| Current assets | £2.2k | £2.8k |
| Net assets | £2.2k | £2.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (63 events)Click to expand
- 2025-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-02➖TOD, Sue resigneddirector
- 2024-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-01➖WALKLIN, Nicola resigneddirector
- 2021-04-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-03-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-03-18📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-03-17➕BARKER, Richard John Purselove appointedsecretary
- 2021-03-17➖WALKLIN, Nicola resignedsecretary
- 2021-03-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-10-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-04➕BARKER, Richard John Purselove appointeddirector
- 2018-05-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-03-05➖SECHATIS, Gemma resignedsecretary
- 2018-03-05➕WALKLIN, Nicola appointedsecretary
- 2018-03-05➖SECHATIS, Gemma resigneddirector
- 2016-11-22➖HOOPER, Clive Anthony resigneddirector
- 2016-11-22➕TOD, Sue appointeddirector
- 2016-04-26➖HOOPER, Clive Anthony resignedsecretary
- 2016-04-26➕SECHATIS, Gemma appointedsecretary
- 2016-04-26➖EDWARDS, Adrienne resigneddirector
- 2016-04-26➕WALKLIN, Nicola appointeddirector
- 2013-06-05➖BABICHEVA, Irina resigneddirector
- 2013-06-05➕EDWARDS, Adrienne appointeddirector
- 2009-10-02➕BABICHEVA, Irina appointeddirector
- 2007-08-11➕SECHATIS, Gemma appointeddirector
- 2007-07-20➖MAXWELL BATTEN, Marcus Richard resigneddirector
- 2001-11-06➖CLAYDEN, Elizabeth Isabel resignedsecretary
- 2001-11-06➕HOOPER, Clive Anthony appointedsecretary
- 2001-11-06➖CLAYDEN, Elizabeth Isabel resigneddirector
- 2000-12-20➖CHAMBERS, Clinton James resigneddirector
- 2000-12-20➕HOOPER, Clive Anthony appointeddirector
- 2000-10-07➖HURKETT, Jemma resigneddirector
- 2000-01-07➕MAXWELL BATTEN, Marcus Richard appointeddirector
- 1997-10-30➖BALSDON, Pamela Jayne resigneddirector
- 1997-10-03➕HURKETT, Jemma appointeddirector
- 1996-06-03➕CHAMBERS, Clinton James appointeddirector
- 1996-06-03➖ELLIS, Wendy Yvonne resigneddirector
- 1995-10-25➕BALSDON, Pamela Jayne appointeddirector
- 1995-10-25➕ELLIS, Wendy Yvonne appointeddirector
- 1995-10-24➕CLAYDEN, Elizabeth Isabel appointedsecretary
- 1995-10-24➕CLAYDEN, Elizabeth Isabel appointeddirector
Showing most recent 50 of 63 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 32 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Barker Individual · British · DOB 03/1971 · age 55 | 50–75% | — | 50-75% shares | 18/03/2021 |
2 historic (ceased) PSCs
- Mrs Nicola Lisa Walklinceased 19/03/2021· significant influence
- Mrs Gemma Louise Sechatisceased 05/03/2018· 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 →Similar companies
Active · Hospitality · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A&S 2014 LTD→ 14131912 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALAMO INTERNATIONAL RECRUITMENT AGENTS LTD→ 15592663 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AMAZING GRAZING EXMOUTH LTD→ 14776897 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AMC EXETER LTD→ 10435215 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ANDREWSHAYES LIMITED→ 05846844 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ANNIE AND THE FLINT LIMITED→ 16154760 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| APPLE SNACKS LTD→ 13821280 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARDA 23 LTD→ 16529408 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARLO LETTING LTD→ 12138131 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARSH HOLDINGS LTD→ 12949006 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARTEMIS GROUP (DEVON) LTD→ 15819409 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARTIGIANO ESPRESSO BARS LIMITED→ 08202578 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Typeprivate-limited-guarant-nsc
Incorporated1994-02-15
Jurisdictionengland-wales
Primary SIC55900 — Other accommodation
Registered office
12 Magdalen Road
Exeter
EX2 4SY
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05
Officers (2 active · 22 resigned)
BARKER, Richard John Purselove→
Activesecretary · appointed 2021-03-17
View their other companies + combined net worth →
BARKER, Richard John Purselove→
Activedirector · ~55y · appointed 2018-05-04
View their other companies + combined net worth →
CLAYDEN, Elizabeth Isabel→
Resignedsecretary · appointed 1995-10-24 · resigned 2001-11-06
HARRINGTON, Michael→
Resignednominee-secretary · appointed 1994-02-15 · resigned 1994-02-15
HOOPER, Clive Anthony→
Resignedsecretary · appointed 2001-11-06 · resigned 2016-04-26
MAYHEW, Ray Vanda→
Resignedsecretary · appointed 1994-02-15 · resigned 1995-05-31
SECHATIS, Gemma→
Resignedsecretary · appointed 2016-04-26 · resigned 2018-03-05
WALKLIN, Nicola→
Resignedsecretary · appointed 2018-03-05 · resigned 2021-03-17
BABICHEVA, Irina→
Resigneddirector · ~42y · appointed 2009-10-02 · resigned 2013-06-05
BALSDON, Pamela Jayne→
Resigneddirector · ~59y · appointed 1995-10-25 · resigned 1997-10-30
CHAMBERS, Clinton James→
Resigneddirector · ~55y · appointed 1996-06-03 · resigned 2000-12-20
CLAYDEN, Elizabeth Isabel→
Resigneddirector · ~84y · appointed 1995-10-24 · resigned 2001-11-06
EDWARDS, Adrienne→
Resigneddirector · ~74y · appointed 2013-06-05 · resigned 2016-04-26
ELLIS, Wendy Yvonne→
Resigneddirector · ~50y · appointed 1995-10-25 · resigned 1996-06-03
FINCH, Peter Austin→
Resigneddirector · ~75y · appointed 1994-02-15 · resigned 1995-05-31
HOOPER, Clive Anthony→
Resigneddirector · ~74y · appointed 2000-12-20 · resigned 2016-11-22
HURKETT, Jemma→
Resigneddirector · ~58y · appointed 1997-10-03 · resigned 2000-10-07
MAXWELL BATTEN, Marcus Richard→
Resigneddirector · ~54y · appointed 2000-01-07 · resigned 2007-07-20
MAYHEW, Ray Vanda→
Resigneddirector · ~84y · appointed 1994-02-15 · resigned 1995-05-31
SECHATIS, Gemma→
Resigneddirector · ~44y · appointed 2007-08-11 · resigned 2018-03-05
Click a director name to see their full track record across all companies.
Recent filings (117 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
termination-director-company-with-name-termination-date
officers · TM01
2025-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-03
termination-director-company-with-name-termination-date
officers · TM01
2021-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-04-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-03-19