ANNANDALE LIMITED

💤Zombieactive
03684260 · ltd · incorporated 1998-12-16
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 Dec 2024
Net worth
£-200.0k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 31020
Sector: Manufacturing
ALSO REGISTERED FOR
  • 43210Electrical installation
  • 43220Plumbing, heat and air-conditioning installation
  • 47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
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 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -51% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

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, 4 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
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £199,991
Cash draining
Cash down 51% YoY
Cash YoY
-51%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↓ 51% YoY
Net Worth
-£200k
↓ 5.3% YoY
Current Assets
£52k
↓ 29% YoY
Current Liabilities
—
-£200k-£145k-£91k-£36k£18k£73kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£-160.5k£-142.8k
Current assets£52.2k£73.1k
Cash£3.5k£7.2k
Debtors£15.8k£30.4k
Net assets£-200.0k£-189.8k

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 accounts
Last 90 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-22
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  3. 2025-05-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-04-30
    ➖
    ANNANDALE, David Paul resigned
    director
  5. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-02-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2023-02-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-02-09
    ➖
    ANNANDALE, Steven James resigned
    director
  10. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-06-20
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  16. 2017-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2016-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2012-12-31
    ➖
    ANNANDALE, Pamela Margaret resigned
    secretary
  19. 2012-12-31
    ➖
    ANNANDALE, Brian David James resigned
    director
  20. 1998-12-17
    ➕
    ANNANDALE, Andrew Martin appointed
    director
  21. 1998-12-17
    ➕
    ANNANDALE, Brian David James appointed
    director
  22. 1998-12-17
    ➕
    ANNANDALE, Steven James appointed
    director
  23. 1998-12-16
    🏢
    Company incorporated
    As ANNANDALE LIMITED
  24. 1998-12-16
    ➕
    ANNANDALE, Pamela Margaret appointed
    secretary
  25. 1998-12-16
    ➕
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  26. 1998-12-16
    ➖
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  27. 1998-12-16
    ➕
    ANNANDALE, David Paul appointed
    director
  28. 1998-12-16
    ➕
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  29. 1998-12-16
    ➖
    COMPANY DIRECTORS LIMITED resigned
    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.
  • +Founder name in company name: Company name contains director surname "ANNANDALE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — 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 65. 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 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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
NameSharesVoting rightsNature of controlNotified
Mr Andrew Martin Annandale
Individual · British · DOB 10/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr David Paul Annandale
Individual · British · DOB 12/1956 · age 70
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr Steven James Annandaleceased 09/02/2023· 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

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
Incorporated1998-12-16
Jurisdictionengland-wales
Primary SIC31020 — SIC 31020

Registered office

773 Spring Bank West
Hull
East Yorkshire
HU5 5BA

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16

Officers (1 active · 6 resigned)

ANNANDALE, Andrew Martin→
director · ~65y · appointed 1998-12-17
View their other companies + combined net worth →
Active
ANNANDALE, Pamela Margaret→
secretary · appointed 1998-12-16 · resigned 2012-12-31
Resigned
TEMPLE SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1998-12-16 · resigned 1998-12-16
Resigned
ANNANDALE, Brian David James→
director · ~89y · appointed 1998-12-17 · resigned 2012-12-31
Resigned
ANNANDALE, David Paul→
director · ~70y · appointed 1998-12-16 · resigned 2025-04-30
Resigned
ANNANDALE, Steven James→
director · ~62y · appointed 1998-12-17 · resigned 2023-02-09
Resigned
COMPANY DIRECTORS LIMITED→
corporate-nominee-director · appointed 1998-12-16 · resigned 1998-12-16
Resigned

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

Recent filings (80 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
change-sail-address-company-with-old-address-new-address
address · AD02
2025-08-22
termination-director-company-with-name-termination-date
officers · TM01
2025-05-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-10
termination-director-company-with-name-termination-date
officers · TM01
2023-02-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-30