H2K LIMITED

💤Zombieactive
04080634 · ltd · incorporated 2000-09-29
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 2025
Net worth
£464.2k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 46450
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 85/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 18.6y

45/100
under pressure

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

  • · Oldest live charge is 18.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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, 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
5 officers (1 active, 5 linked, 1 with DOB)
74
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £464,175
Cash YoY
+3%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£251k
↑ 2.7% YoY
Net Worth
£464k
↑ 21% YoY
Current Assets
£596k
↑ 12% YoY
Current Liabilities
£0£119k£238k£358k£477k£596kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£464.2k£398.4k
Current assets£596.2k£533.1k
Cash£251.3k£244.7k
Debtors£240.6k£253.9k
Net assets£464.2k£385.1k

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 (27 events)Click to expand
  1. 2026-06-05
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-05-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-05-28
    🔓
    Charge satisfied #1
  4. 2025-05-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2025-03-13
    BARRETT, Christine resigned
    secretary
  6. 2025-03-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-02-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-03-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-03-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-05-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2016-05-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2007-12-03
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC (Formerly the Governor & Company of the Bank of Scotland)
  19. 2001-10-16
    BARRETT, Christine appointed
    secretary
  20. 2001-09-29
    BARRY, Aaron Edward resigned
    secretary
  21. 2000-10-10
    BARRY, Hazel Christine appointed
    director
  22. 2000-10-10
    BARRY, Aaron Edward appointed
    secretary
  23. 2000-10-10
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  24. 2000-10-10
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director
  25. 2000-09-29
    🏢
    Company incorporated
    As H2K LIMITED
  26. 2000-09-29
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  27. 2000-09-29
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-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 26 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 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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
Ms Hazel Christine Barry
Individual · British · DOB 08/1975 · age 51
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/09/2016

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

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
Incorporated2000-09-29
Jurisdictionengland-wales
Primary SIC46450 — SIC 46450

Registered office

10/11 Montpellier Parade
Harrogate
North Yorkshire
HG1 2TJ
England

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-13
Last: 2025-09-29

Officers (1 active · 4 resigned)

BARRY, Hazel Christine
director · ~51y · appointed 2000-10-10
View their other companies + combined net worth →
Active
BARRETT, Christine
secretary · appointed 2001-10-16 · resigned 2025-03-13
Resigned
BARRY, Aaron Edward
secretary · appointed 2000-10-10 · resigned 2001-09-29
Resigned
TEMPLE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2000-09-29 · resigned 2000-10-10
Resigned
COMPANY DIRECTORS LIMITED
corporate-nominee-director · appointed 2000-09-29 · resigned 2000-10-10
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC (Formerly the Governor & Company of the Bank of Scotland)
Debenture1 property03/12/200728/05/2025

Recent filings (75 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-23
termination-secretary-company-with-name-termination-date
officers · TM02
2025-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-05