CITYNET DATACOM LIMITED

💤Zombieactive
04373390 · ltd · incorporated 2002-02-13
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 Jan 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Data processing, hosting and related activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. 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: strategic trade sale (65/100).

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
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
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£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31

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
5
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Last 180 days
5
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-05-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  2. 2026-05-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-05-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-05-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-10-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-04-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2021-04-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2019-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2013-03-01
    ZAMAN, Yazmeen appointed
    secretary
  17. 2013-03-01
    ASGHAR, Shazia resigned
    secretary
  18. 2006-12-06
    ASGHAR, Imran appointed
    director
  19. 2006-12-06
    BUTT, Nadeem Afzal resigned
    director
  20. 2004-03-03
    BUTT, Nadeem Afzal appointed
    director
  21. 2004-03-01
    ASGHAR, Imran Raja resigned
    director
  22. 2003-01-02
    ASGHAR, Imran Raja appointed
    director
  23. 2002-02-14
    ASGHAR, Shazia appointed
    secretary
  24. 2002-02-14
    MORGAN WEBSTER LAWRIE (SECRETARIES) LIMITED resigned
    corporate-nominee-secretary
  25. 2002-02-14
    MWL DIRECTORS LIMITED resigned
    corporate-nominee-director
  26. 2002-02-13
    🏢
    Company incorporated
    As CITYNET DATACOM LIMITED
  27. 2002-02-13
    MORGAN WEBSTER LAWRIE (SECRETARIES) LIMITED appointed
    corporate-nominee-secretary
  28. 2002-02-13
    MWL 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 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 24 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
NameSharesVoting rightsNature of controlNotified
Mr Imran Asghar
Individual · British · DOB 10/1972 · age 54
5075%
50-75% shares10/10/2016

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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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
Incorporated2002-02-13
Jurisdictionengland-wales
Primary SIC63110 — Data processing, hosting and related activities

Registered office

14a Nobel Square
Burnt Mills Industrial Estate
Basildon
SS13 1LP
United Kingdom

Filing status

Accounts
Next due: 2026-10-30
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-05-07
Last: 2026-04-23

Officers (2 active · 5 resigned)

ZAMAN, Yazmeen
secretary · appointed 2013-03-01
View their other companies + combined net worth →
Active
ASGHAR, Imran
director · ~54y · appointed 2006-12-06
View their other companies + combined net worth →
Active
ASGHAR, Shazia
secretary · appointed 2002-02-14 · resigned 2013-03-01
Resigned
MORGAN WEBSTER LAWRIE (SECRETARIES) LIMITED
corporate-nominee-secretary · appointed 2002-02-13 · resigned 2002-02-14
Resigned
ASGHAR, Imran Raja
director · ~54y · appointed 2003-01-02 · resigned 2004-03-01
Resigned
BUTT, Nadeem Afzal
director · ~58y · appointed 2004-03-03 · resigned 2006-12-06
Resigned
MWL DIRECTORS LIMITED
corporate-nominee-director · appointed 2002-02-13 · resigned 2002-02-14
Resigned

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

Recent filings (73 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-06
change-person-secretary-company-with-change-date
officers · CH03
2026-05-06
change-person-director-company-with-change-date
officers · CH01
2026-05-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28