51 LEX RECORDS LIMITED

💤Zombieactive
03773364 · ltd · incorporated 1999-05-19
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 Jun 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). 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: 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
5 officers (2 active, 5 linked, 1 with DOB)
74
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
76 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.

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees400400

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-07-11
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  11. 2018-07-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2018-07-10
    ➕
    GAVIN, Indra Helen appointed
    secretary
  13. 2018-07-10
    ➖
    ELIAS, Lara resigned
    secretary
  14. 2018-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-08-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2017-03-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2017-01-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2017-01-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 1999-05-19
    🏢
    Company incorporated
    As 51 LEX RECORDS LIMITED
  20. 1999-05-19
    ➕
    ELIAS, Digger Adegboyega appointed
    director
  21. 1999-05-19
    ➕
    ELIAS, Lara appointed
    secretary
  22. 1999-05-19
    ➕
    SAME-DAY COMPANY SERVICES LIMITED appointed
    corporate-nominee-secretary
  23. 1999-05-19
    ➖
    SAME-DAY COMPANY SERVICES LIMITED resigned
    corporate-nominee-secretary
  24. 1999-05-19
    ➕
    WILDMAN & BATTELL LIMITED appointed
    corporate-nominee-director
  25. 1999-05-19
    ➖
    WILDMAN & BATTELL LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • 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 Digger Adegboyega Elias
Individual · British · DOB 05/1964 · age 62
75–100%
—75-100% shares01/07/2016

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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1936MGMT LTD→
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11184798 · est 2018 · no financials extracted
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4D LIFE LTD→
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4DEAL STUDIOS LTD→
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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
Incorporated1999-05-19
Jurisdictionengland-wales
Primary SIC90030 — Artistic creation

Registered office

Outer Ground Floor Office 8 Paxton Terrace
Grosvenor Road
London
SW1V 3DA
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-17
Last: 2025-08-03

Officers (2 active · 3 resigned)

GAVIN, Indra Helen→
secretary · appointed 2018-07-10
View their other companies + combined net worth →
Active
ELIAS, Digger Adegboyega→
director · ~62y · appointed 1999-05-19
View their other companies + combined net worth →
Active
ELIAS, Lara→
secretary · appointed 1999-05-19 · resigned 2018-07-10
Resigned
SAME-DAY COMPANY SERVICES LIMITED→
corporate-nominee-secretary · appointed 1999-05-19 · resigned 1999-05-19
Resigned
WILDMAN & BATTELL LIMITED→
corporate-nominee-director · appointed 1999-05-19 · resigned 1999-05-19
Resigned

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

Recent filings (76 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-06