ABSOLUTE NEXA LIMITED

💤Zombieactive
04458548 · ltd · incorporated 2002-06-11
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
73/100
Strong
🔔
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (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
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
77
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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Average employees100100

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
1
filing
  • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-18
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2025-08-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-05-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-08-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-11-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-01-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2020-07-03
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  8. 2020-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-01-24
    HODGEN, Elizabeth resigned
    secretary
  10. 2020-01-24
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2020-01-24
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2019-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-09-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-08-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-09-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2002-06-11
    🏢
    Company incorporated
    As ABSOLUTE NEXA LIMITED
  19. 2002-06-11
    HODGEN, Christopher John appointed
    director
  20. 2002-06-11
    HODGEN, Elizabeth appointed
    secretary
  21. 2002-06-11
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  22. 2002-06-11
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  23. 2002-06-11
    LONDON LAW SERVICES LIMITED appointed
    corporate-nominee-director
  24. 2002-06-11
    LONDON LAW SERVICES LIMITED resigned
    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 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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-12-18: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Christopher John Hodgen
Individual · British · DOB 08/1974 · age 52
5075%
50-75% shares06/04/2016

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2002-06-11
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

The Chapel
208 Lee Lane Horwich
Bolton
BL6 7JF

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-06-25
Last: 2025-06-11

Officers (1 active · 3 resigned)

HODGEN, Christopher John
director · ~52y · appointed 2002-06-11
View their other companies + combined net worth →
Active
HODGEN, Elizabeth
secretary · appointed 2002-06-11 · resigned 2020-01-24
Resigned
LONDON LAW SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 2002-06-11 · resigned 2002-06-11
Resigned
LONDON LAW SERVICES LIMITED
corporate-nominee-director · appointed 2002-06-11 · resigned 2002-06-11
Resigned

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

Recent filings (65 total)

certificate-change-of-name-company
change-of-name · CERTNM
2025-12-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-06
capital-variation-of-rights-attached-to-shares
capital · SH10
2020-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-28
resolution
resolution · RESOLUTIONS
2020-01-24