020 LIMITED

💤Zombieactive
04078492 · ltd · incorporated 2000-09-26
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 Sept 2020
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Other publishing activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 50/100. Strong seller-intent signal (63/100, director aged 74). Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 20.9y

45/100
under pressure

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

  • · Oldest live charge is 20.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
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£0Sept 2019Sept 2020

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2020-09-302019-09-30

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
0
filings
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2022-09-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2022-08-23
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2021-10-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2021-09-08
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2021-08-17
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2021-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-11-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2020-11-17
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2020-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-06-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2019-02-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2019-02-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2019-01-31
    GRIFFITHS, James Keith Stanley appointed
    director
  15. 2019-01-31
    GRIFFITHS, Rebecca Caroline Jane resigned
    director
  16. 2018-08-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2018-08-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2018-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-08-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  20. 2017-06-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2016-11-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2016-11-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2016-11-01
    GRIFFITHS, Caroline Jane Margaret resigned
    director
  24. 2016-11-01
    GRIFFITHS, Rebecca Caroline Jane appointed
    director
  25. 2013-01-26
    BRICUSSE, Gregory Eric resigned
    director
  26. 2012-12-13
    GRIFFITHS, Caroline Jane Margaret appointed
    director
  27. 2012-10-06
    GRACE, Christopher Michael resigned
    director
  28. 2012-09-20
    MCGLYNN, Elizabeth resigned
    secretary
  29. 2005-06-14
    STIRLING, Alexander resigned
    director
  30. 2005-05-26
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  31. 2004-03-15
    GRACE, Christopher Michael appointed
    director
  32. 2004-03-15
    STIRLING, Alexander appointed
    director
  33. 2000-09-26
    🏢
    Company incorporated
    As 020 LIMITED
  34. 2000-09-26
    MCGLYNN, Elizabeth appointed
    secretary
  35. 2000-09-26
    BRICUSSE, Gregory Eric appointed
    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 26 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2022-06-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2022-06-14

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr James Keith Stanley Griffiths
Individual · British · DOB 03/1987 · age 39
2550%
25–50%25-50% shares · 25-50% voting · trust interest01/11/2016

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

11 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
Incorporated2000-09-26
Jurisdictionengland-wales
Primary SIC58190 — Other publishing activities

Registered office

20 Radcot Close Radcot Close
Maidenhead
SL6 7UJ
England

Filing status

Accounts
Next due: 2022-06-30OVERDUE
Last made up to: 2020-09-30
Confirmation statement
Next due: 2022-06-14OVERDUE
Last: 2021-05-31

Officers (1 active · 6 resigned)

GRIFFITHS, James Keith Stanley
director · ~74y · appointed 2019-01-31
View their other companies + combined net worth →
Active
MCGLYNN, Elizabeth
secretary · appointed 2000-09-26 · resigned 2012-09-20
Resigned
BRICUSSE, Gregory Eric
director · ~68y · appointed 2000-09-26 · resigned 2013-01-26
Resigned
GRACE, Christopher Michael
director · ~67y · appointed 2004-03-15 · resigned 2012-10-06
Resigned
GRIFFITHS, Caroline Jane Margaret
director · ~70y · appointed 2012-12-13 · resigned 2016-11-01
Resigned
GRIFFITHS, Rebecca Caroline Jane
director · ~39y · appointed 2016-11-01 · resigned 2019-01-31
Resigned
STIRLING, Alexander
director · ~76y · appointed 2004-03-15 · resigned 2005-06-14
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property26/05/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (74 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-09-10
gazette-notice-compulsory
gazette · GAZ1
2022-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-30
gazette-filings-brought-up-to-date
gazette · DISS40
2021-10-27
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2021-09-08
gazette-notice-compulsory
gazette · GAZ1
2021-08-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-27
gazette-filings-brought-up-to-date
gazette · DISS40
2020-11-18
gazette-notice-compulsory
gazette · GAZ1
2020-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-06-06
appoint-person-director-company-with-name-date
officers · AP01
2019-02-04