CUTPLAY LTD
💤Zombieactive
04317405 · ltd · incorporated 2001-11-06
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 Nov 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 73). 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 (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
Confirmed no charges registered
85
Directors & officers
8 officers (1 active, 8 linked, 5 with DOB)
83
Ownership & PSC
3 active PSC(s) of 6 total, 6 with control declared
90
Director network
Network not yet resolved
30
Filing history
79 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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-11-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-20➖HOLVEY, Joanne Helen resigneddirector
- 2025-03-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-03-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-26➖CAIRNS, Georgina Alice resigneddirector
- 2024-02-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-02-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-06-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-02-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-02-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-02-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-03-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-03-16➕HOLVEY, Joanne Helen appointeddirector
- 2018-02-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-06-26➖WILSON, Nicholas Robert resigneddirector
- 2016-12-01➖SCHUMAN, Jonathan Floyd resignedsecretary
- 2015-11-27➕CAIRNS, Georgina Alice appointeddirector
- 2015-11-27➖SCHUMAN, Jonathan Floyd resigneddirector
- 2002-03-22➕WILSON, Nicholas Robert appointeddirector
- 2002-03-20➕HEELAN, Alexandrena appointeddirector
- 2002-03-20➕SCHUMAN, Jonathan Floyd appointedsecretary
- 2002-03-20➕SCHUMAN, Jonathan Floyd appointeddirector
- 2001-12-04➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2001-12-04➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2001-11-06🏢Company incorporatedAs CUTPLAY LTD
- 2001-11-06➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2001-11-06➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Hania Barbara Elms Individual · British · DOB 07/1958 · age 68 | 25–50% | — | 25-50% shares | 31/10/2025 |
Mrs Laura Mary-Ann Watson Individual · British · DOB 07/1997 · age 29 | 25–50% | — | 25-50% shares | 30/10/2025 |
Miss Alexandra Heelan Individual · British · DOB 10/1953 · age 73 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
3 historic (ceased) PSCs
- Miss Joanne Helen Holveyceased 20/08/2025· 25-50% shares · 25-50% voting
- Miss Georgina Alice Cairnsceased 26/02/2025· 25-50% shares · 25-50% voting
- Mr Nicholas Robert Wilsonceased 26/06/2017· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Other · WD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CAREFINDERS LIMITED→ 03951056 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| CAROLINE AMANDA RUSS LIMITED→ 13442777 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CITY & SUBURBAN PARKING LIMITED→ 07621006 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| COLLEYLAND RESIDENTS AND ROAD USERS ASSOCIATION LIMITED→ 02242935 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
| COSMOS EBT & NOMINEE LIMITED→ 12672160 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| COUSINS BRETT LLP→ OC386653 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CREST PLUS OPERATIONS LIMITED→ 15951346 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CRITICAL MOMENTS LIMITED→ 06989900 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| CROQUET FACILITIES LLP→ OC402735 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CURRY CUP LIMITED→ 08690129 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CUSTOM AUDIO VISUAL LIMITED→ 07995285 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| CYROCO LP→ LP018359 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2001-11-06
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
93 Gladstone Road
Watford
WD17 2RA
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-20
Last: 2025-11-06
Officers (1 active · 7 resigned)
HEELAN, Alexandrena→
Activedirector · ~73y · appointed 2002-03-20
View their other companies + combined net worth →
SCHUMAN, Jonathan Floyd→
Resignedsecretary · appointed 2002-03-20 · resigned 2016-12-01
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2001-11-06 · resigned 2001-12-04
CAIRNS, Georgina Alice→
Resigneddirector · ~37y · appointed 2015-11-27 · resigned 2025-02-26
HOLVEY, Joanne Helen→
Resigneddirector · ~42y · appointed 2018-03-16 · resigned 2025-08-20
SCHUMAN, Jonathan Floyd→
Resigneddirector · ~57y · appointed 2002-03-20 · resigned 2015-11-27
WILSON, Nicholas Robert→
Resigneddirector · ~77y · appointed 2002-03-22 · resigned 2017-06-26
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2001-11-06 · resigned 2001-12-04
Click a director name to see their full track record across all companies.
Recent filings (79 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-11-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-21
termination-director-company-with-name-termination-date
officers · TM01
2025-08-21
accounts-with-accounts-type-dormant
accounts · AA
2025-03-06
termination-director-company-with-name-termination-date
officers · TM01
2025-03-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-20
accounts-with-accounts-type-dormant
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-20
accounts-with-accounts-type-dormant
accounts · AA
2023-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-26
accounts-with-accounts-type-dormant
accounts · AA
2022-02-10