APEX VENTURES LIMITED

💤Zombieactive
03127521 · ltd · incorporated 1995-11-17
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
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Turnover
year to Apr 2025
Net worth
£62.0k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 65/100. Strong seller-intent signal (68/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 8 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

10 live charges · 2 lenders · oldest 24.3y

30/100
under pressure

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

  • · Oldest live charge is 24.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £62,003
Net assets shrinking
Down £12,469 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£62k
↓ 17% YoY
Current Assets
£70k
↓ 78% YoY
Current Liabilities
£0£62k£125k£187k£249k£312kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£62.0k£74.5k
Current assets£70.1k£311.6k
Net assets£62.0k£74.5k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2026-01-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-10-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-10-01
    MIZEN, Nicholas Paul resigned
    director
  4. 2025-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-01-09
    🔓
    Charge satisfied #6
  6. 2024-09-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-01-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-01-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-01-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2022-12-05
    📄
    capital-allotment-shares
    capital · SH01
  12. 2022-12-05
    📄
    capital-allotment-shares
    capital · SH01
  13. 2022-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-05-25
    MIZEN, Keith John resigned
    director
  15. 2021-05-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2021-01-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-02-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  20. 2018-02-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2017-12-01
    MIZEN, Richard John appointed
    director
  22. 2014-10-02
    🔒
    Charge registered #10
    Lender: Lloyds Bank PLC
  23. 2010-02-23
    🔒
    Charge registered #9
    Lender: Lloyds Tsb Bank PLC
  24. 2009-09-04
    🔒
    Charge registered #8
    Lender: Lloyds Tsb Bank PLC
  25. 2008-07-18
    🔒
    Charge registered #7
    Lender: Lloyds Tsb Bank PLC
  26. 2006-12-01
    🔒
    Charge registered #6
    Lender: Lloyds Tsb Bank PLC
  27. 2004-07-06
    🔒
    Charge registered #5
    Lender: Lloyds Tsb Bank PLC
  28. 2003-11-28
    🔒
    Charge registered #4
    Lender: Lloyds Tsb Bank PLC
  29. 2003-05-23
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Bank PLC
  30. 2003-01-17
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  31. 2002-02-22
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  32. 1997-01-31
    MIZEN, Richard John resigned
    director
  33. 1995-11-17
    🏢
    Company incorporated
    As APEX VENTURES LIMITED
  34. 1995-11-17
    MIZEN, Richard John appointed
    secretary
  35. 1995-11-17
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  36. 1995-11-17
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  37. 1995-11-17
    MIZEN, Keith John appointed
    director
  38. 1995-11-17
    MIZEN, Nicholas Paul appointed
    director
  39. 1995-11-17
    MIZEN, Richard John appointed
    director
  40. 1995-11-17
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director
  41. 1995-11-17
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

85/100
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 74 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 low
9 live charges
low

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Richard John Mizen
Individual · British · DOB 02/1952 · age 74
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/12/2017
1 historic (ceased) PSC
  • Mr Keith John Mizenceased 25/05/2021· 25-50% shares · 25-50% voting

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated1995-11-17
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

124 High Street
Midsomer Norton
Radstock
BA3 2DA

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (2 active · 5 resigned)

MIZEN, Richard John
secretary · appointed 1995-11-17
View their other companies + combined net worth →
Active
MIZEN, Richard John
director · ~74y · appointed 2017-12-01
View their other companies + combined net worth →
Active
WATERLOW SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1995-11-17 · resigned 1995-11-17
Resigned
MIZEN, Keith John
director · ~95y · appointed 1995-11-17 · resigned 2021-05-25
Resigned
MIZEN, Nicholas Paul
director · ~65y · appointed 1995-11-17 · resigned 2025-10-01
Resigned
MIZEN, Richard John
director · ~74y · appointed 1995-11-17 · resigned 1997-01-31
Resigned
WATERLOW NOMINEES LIMITED
corporate-nominee-director · appointed 1995-11-17 · resigned 1995-11-17
Resigned

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

Mortgages & charges

10
Total charges
9
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge02/10/2014
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property23/02/2010
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property04/09/2009
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property18/07/2008
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property01/12/200609/01/2025
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property06/07/2004
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property28/11/2003
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property23/05/2003
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property17/01/2003
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property22/02/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (94 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-24
termination-director-company-with-name-termination-date
officers · TM01
2025-10-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-06
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-05
capital-allotment-shares
capital · SH01
2022-12-05
capital-allotment-shares
capital · SH01
2022-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31