54 KELLET ROAD LIMITED

💤Zombieactive
04157486 · ltd · incorporated 2001-02-09
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
£4.0k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
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 25.0y

45/100
under pressure

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

  • · Oldest live charge is 25.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
9 officers (1 active, 9 linked, 4 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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 · FRS 105 (micro)
Positive net assets
Net assets £4,037

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£4k
↑ 9.9% YoY
Current Assets
£9k
↑ 33% YoY
Current Liabilities
—
£0£2k£4k£5k£7k£9kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-282024-06-28
Current assets£8.9k£6.7k
Net assets£4.0k£3.7k

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
0
filings
Last 90 days
4
filings
  • • 1 accounts
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 1 accounts
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-02-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-02-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-09-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-04-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-04-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-10-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2017-04-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-05-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-02-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-01-10
    ➖
    WACHMAN, Robert Patrick resigned
    secretary
  17. 2013-02-27
    ➖
    WACHMAN, Robert Patrick resigned
    director
  18. 2002-10-23
    ➖
    RICE, John Edward resigned
    secretary
  19. 2002-10-23
    ➖
    RICE, John Edward resigned
    director
  20. 2002-10-23
    ➖
    TAPPENDEN, Trevor John resigned
    director
  21. 2002-07-26
    ➕
    BANKES, Madeleine Mary appointed
    director
  22. 2002-07-26
    ➕
    WACHMAN, Robert Patrick appointed
    secretary
  23. 2002-07-26
    ➕
    WACHMAN, Robert Patrick appointed
    director
  24. 2002-05-09
    🔓
    Charge satisfied #2
  25. 2001-05-24
    🔒
    Charge registered #2
    Lender: Glenwood Productions Limited
  26. 2001-03-29
    ➕
    RICE, John Edward appointed
    secretary
  27. 2001-03-29
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  28. 2001-03-29
    ➕
    RICE, John Edward appointed
    director
  29. 2001-03-29
    ➕
    TAPPENDEN, Trevor John appointed
    director
  30. 2001-03-29
    ➖
    INSTANT COMPANIES LIMITED resigned
    corporate-nominee-director
  31. 2001-03-29
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-director
  32. 2001-02-09
    🏢
    Company incorporated
    As 54 KELLET ROAD LIMITED
  33. 2001-02-09
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  34. 2001-02-09
    ➕
    INSTANT COMPANIES LIMITED appointed
    corporate-nominee-director
  35. 2001-02-09
    ➕
    SWIFT INCORPORATIONS 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 24 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 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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 Madeleine Bankes
Individual · British · DOB 08/1972 · age 54
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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
Incorporated2001-02-09
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Blanchards Hill Farm
Blanchards Hill
Guildford
GU4 7QJ
England

Filing status

Accounts
Next due: 2027-03-28
Last made up to: 2025-06-28
Confirmation statement
Next due: 2027-03-04
Last: 2026-02-18

Officers (1 active · 8 resigned)

BANKES, Madeleine Mary→
director · ~54y · appointed 2002-07-26
View their other companies + combined net worth →
Active
RICE, John Edward→
secretary · appointed 2001-03-29 · resigned 2002-10-23
Resigned
WACHMAN, Robert Patrick→
secretary · appointed 2002-07-26 · resigned 2014-01-10
Resigned
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 2001-02-09 · resigned 2001-03-29
Resigned
RICE, John Edward→
director · ~90y · appointed 2001-03-29 · resigned 2002-10-23
Resigned
TAPPENDEN, Trevor John→
director · ~77y · appointed 2001-03-29 · resigned 2002-10-23
Resigned
WACHMAN, Robert Patrick→
director · ~55y · appointed 2002-07-26 · resigned 2013-02-27
Resigned
INSTANT COMPANIES LIMITED→
corporate-nominee-director · appointed 2001-02-09 · resigned 2001-03-29
Resigned
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-director · appointed 2001-02-09 · resigned 2001-03-29
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
Glenwood Productions
Glenwood Productions Limited
Legal charge1 property24/05/200109/05/2002

Recent filings (82 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-27
change-person-director-company-with-change-date
officers · CH01
2026-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-14