508 COMMUNICATIONS LTD

💤Zombieactive
03692272 · ltd · incorporated 1999-01-06
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 Mar 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (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: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
65 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
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31

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
2
filings
  • • 1 gazette
  • • 1 dissolution
Last 180 days
7
filings
  • • 1 gazette
  • • 1 dissolution
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-04-07
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-03-30
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-01-07
    ➖
    LEE, Koon Tai resigned
    director
  4. 2026-01-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2026-01-06
    📄
    memorandum-articles
    incorporation · MA
  6. 2026-01-06
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2025-12-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-12-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2023-05-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-05-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-09-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-08-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2018-12-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2017-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2016-05-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2002-01-28
    ➖
    CHEUNG, Kin Wen, Doctor resigned
    director
  18. 2001-12-28
    ➕
    LEE, Koon Tai appointed
    director
  19. 1999-01-06
    🏢
    Company incorporated
    As 508 COMMUNICATIONS LTD
  20. 1999-01-06
    ➕
    LEE, Simon Chung Wing appointed
    secretary
  21. 1999-01-06
    ➕
    LEE, Simon Chung Wing appointed
    director
  22. 1999-01-06
    ➕
    CHEUNG, Kin Wen, Doctor appointed
    director

Owner dependency

85/100
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 27 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Simon Chung Wing Lee
Individual · British · DOB 09/1971 · age 55
75–100%
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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15036840 · est 2023 · no financials extracted
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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
Typeltd
Incorporated1999-01-06
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

8 Melville Avenue
Darwen
Lancashire
BB3 2QA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (2 active · 2 resigned)

LEE, Simon Chung Wing→
secretary · appointed 1999-01-06
View their other companies + combined net worth →
Active
LEE, Simon Chung Wing→
director · ~55y · appointed 1999-01-06
View their other companies + combined net worth →
Active
CHEUNG, Kin Wen, Doctor→
director · ~53y · appointed 1999-01-06 · resigned 2002-01-28
Resigned
LEE, Koon Tai→
director · ~77y · appointed 2001-12-28 · resigned 2026-01-07
Resigned

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

Recent filings (65 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-07
dissolution-application-strike-off-company
dissolution · DS01
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-08
termination-director-company-with-name-termination-date
officers · TM01
2026-01-07
memorandum-articles
incorporation · MA
2026-01-06
resolution
resolution · RESOLUTIONS
2026-01-06
accounts-with-accounts-type-dormant
accounts · AA
2025-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-11
accounts-with-accounts-type-dormant
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-06
accounts-with-accounts-type-dormant
accounts · AA
2023-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-09
accounts-with-accounts-type-dormant
accounts · AA
2021-05-08