654 DEVELOPMENTS LIMITED

💤Zombieactive
04464446 · ltd · incorporated 2002-06-19
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
£109.0k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

8 live charges · 5 lenders · oldest 23.6y

15/100
under pressure

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

  • · Oldest live charge is 23.6 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 £109,025
Very low cash
Cash position: £42
Cash draining
Cash down 98% YoY
Cash YoY
-98%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£42
↓ 98% YoY
Net Worth
£109k
↑ 4.2% YoY
Current Assets
£764k
↑ 2.2% YoY
Current Liabilities
—
£0£153k£305k£458k£611k£764kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£109.8k£105.5k
Current assets£763.6k£747.0k
Cash£42£2.0k
Debtors£733—
Net assets£109.0k£104.6k

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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-03-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2022-03-24
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2022-03-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2022-03-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-03-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2022-03-22
    ➖
    EGGINTON, Jenny Carole resigned
    secretary
  12. 2022-03-22
    ➖
    EGGINTON, Ben Joe Roy resigned
    director
  13. 2022-03-22
    ➖
    EGGINTON, Jenny Carole resigned
    director
  14. 2021-10-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-01-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2012-03-24
    🔓
    Charge satisfied #6
  21. 2012-03-24
    🔓
    Charge satisfied #5
  22. 2012-03-24
    🔓
    Charge satisfied #4
  23. 2012-03-24
    🔓
    Charge satisfied #3
  24. 2012-03-24
    🔓
    Charge satisfied #2
  25. 2012-03-24
    🔓
    Charge satisfied #1
  26. 2012-03-19
    🔒
    Charge registered #8
    Lender: Svenska Handelsbanken Ab (Publ)
  27. 2012-03-19
    🔒
    Charge registered #7
    Lender: Svenska Handelsbanken Ab (Publ)
  28. 2012-02-13
    ➕
    EGGINTON, Ben Joe Roy appointed
    director
  29. 2007-08-16
    🔒
    Charge registered #6
    Lender: Clydesdale Bank PLC
  30. 2007-05-31
    🔒
    Charge registered #5
    Lender: Clydesdale Bank PLC
  31. 2005-08-04
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  32. 2005-02-14
    🔒
    Charge registered #3
    Lender: Yorkshire Bank
  33. 2003-01-09
    🔒
    Charge registered #2
    Lender: Yorkshire Bank PLC
  34. 2002-11-07
    🔒
    Charge registered #1
    Lender: Yorkshire Bank PLC
  35. 2002-06-19
    🏢
    Company incorporated
    As 654 DEVELOPMENTS LIMITED
  36. 2002-06-19
    ➕
    EGGINTON, Nigel Boyd appointed
    director
  37. 2002-06-19
    ➕
    EGGINTON, Jenny Carole appointed
    secretary
  38. 2002-06-19
    ➕
    ASHBURTON REGISTRARS LIMITED appointed
    corporate-nominee-secretary
  39. 2002-06-19
    ➖
    ASHBURTON REGISTRARS LIMITED resigned
    corporate-nominee-secretary
  40. 2002-06-19
    ➕
    EGGINTON, Jenny Carole appointed
    director
  41. 2002-06-19
    ➕
    AR NOMINEES LIMITED appointed
    corporate-nominee-director
  42. 2002-06-19
    ➖
    AR NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

95/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • 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 ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Nigel Boyd Egginton
Individual · British · DOB 11/1963 · age 63
75–100%
75–100%board control75-100% shares · 75-100% voting · board control19/06/2017
2 historic (ceased) PSCs
  • Mr Ben Joe Roy Eggintonceased 22/03/2022· 25-50% shares · 25-50% voting
  • Mrs Jenny Carole Eggintonceased 22/03/2022· 25-50% shares · 25-50% voting

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
Incorporated2002-06-19
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Unit 9 Acorn Business Park
Woodseats Close
Sheffield
South Yorkshire
S8 0TB

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-03
Last: 2025-06-19

Officers (1 active · 5 resigned)

EGGINTON, Nigel Boyd→
director · ~63y · appointed 2002-06-19
View their other companies + combined net worth →
Active
EGGINTON, Jenny Carole→
secretary · appointed 2002-06-19 · resigned 2022-03-22
Resigned
ASHBURTON REGISTRARS LIMITED→
corporate-nominee-secretary · appointed 2002-06-19 · resigned 2002-06-19
Resigned
EGGINTON, Ben Joe Roy→
director · ~44y · appointed 2012-02-13 · resigned 2022-03-22
Resigned
EGGINTON, Jenny Carole→
director · ~65y · appointed 2002-06-19 · resigned 2022-03-22
Resigned
AR NOMINEES LIMITED→
corporate-nominee-director · appointed 2002-06-19 · resigned 2002-06-19
Resigned

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

Mortgages & charges

8
Total charges
2
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Svenska Handelsbanken Ab (Publ)
Deed of legal mortgage1 property19/03/2012—
outstanding
Svenska Handelsbanken Ab (Publ)
Mortgage debenture1 property19/03/2012—
satisfied
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property16/08/200724/03/2012
satisfied
Virgin Money
Clydesdale Bank PLC
Legal mortgage (own account)1 property31/05/200724/03/2012
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Legal mortgage1 property04/08/200524/03/2012
satisfied
Virgin Money
Yorkshire Bank
Legal mortgage1 property14/02/200524/03/2012
satisfied
Virgin Money
Yorkshire Bank PLC
Legal mortgage1 property09/01/200324/03/2012
satisfied
Virgin Money
Yorkshire Bank PLC
Debenture1 property07/11/200224/03/2012
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (81 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-24
termination-director-company-with-name-termination-date
officers · TM01
2022-03-24
termination-secretary-company-with-name-termination-date
officers · TM02
2022-03-24
termination-director-company-with-name-termination-date
officers · TM01
2022-03-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-21