10K LTD
💤Zombieactive
04506869 · ltd · incorporated 2002-08-08
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 Aug 2024
Net worth
£-4.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Support activities to performing arts
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 75/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 1.8y
0/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.8 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
70 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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £4,859
Key financials
2 years extracted from filed iXBRL accountsCash
£28k
Net Worth
-£5k
Current Assets
£29k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £-4.6k | — |
| Current assets | £29.3k | — |
| Cash | £28.0k | — |
| Debtors | £1.3k | — |
| Net assets | £-4.9k | — |
| Average employees | — | 0 |
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
0
filings
Last 180 days
3
filings
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-01-30➖WILKES, Thomas resigneddirector
- 2026-01-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-09📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-21📄accounts-with-accounts-type-smallaccounts · AA
- 2024-08-05📄memorandum-articlesincorporation · MA
- 2024-08-05📄resolutionresolution · RESOLUTIONS
- 2024-07-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-07-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-19➕REAVLEY, Benjamin William appointeddirector
- 2024-07-19➖NELSSON, Garry resigneddirector
- 2024-07-19➕WILKES, Thomas appointeddirector
- 2024-07-19🔒Charge registered #3Lender: Triple Point Advancr Leasing PLC
- 2024-07-19🔒Charge registered #2Lender: Garry Nelsson
- 2024-07-19🔒Charge registered #1Lender: Merino Management Limited
- 2024-04-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-08-08➖WILFRED T FRY LIMITED resignedcorporate-secretary
- 2006-04-18➖THE FRY GROUP resignedcorporate-secretary
- 2006-04-18➕WILFRED T FRY LIMITED appointedcorporate-secretary
- 2005-05-03➖NOMINEE SECRETARY LTD resignedcorporate-nominee-secretary
- 2004-05-11➕THE FRY GROUP appointedcorporate-secretary
- 2002-08-08🏢Company incorporatedAs 10K LTD
- 2002-08-08➕NOMINEE SECRETARY LTD appointedcorporate-nominee-secretary
- 2002-08-08➕NELSSON, Garry appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Montadale Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Montadale Limited
Corporate parent · holds 75-100% shares
⬇
10K LTD
This company · 04506869
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Montadale Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 19/07/2024 |
1 historic (ceased) PSC
- Mr Garry Nelssonceased 19/07/2024· 75-100% shares · 75-100% voting · board control
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 →Similar companies
Active · Leisure & entertainment · CT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 10K USED GEAR LIMITED→ 05555450 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 1927 PRODUCTIONS LIMITED→ 07555968 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| 1DEGREEEAST LTD→ 11169321 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 29 SPORTS LIMITED→ 12948908 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 360 DEGREE HEALTH CLUB SOLUTIONS LIMITED→ 09439469 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 360VISTA LTD→ 06565421 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| 3SYDE LIMITED→ 10921935 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 5STAR LIVE LIMITED→ 07939335 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 88 CAPITAL (IPSWICH) LIMITED→ 16993062 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 88 CAPITAL LIMITED→ 08722899 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ACCIDENTAL LIMITED→ 03911103 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ACPILATES LTD→ 15755630 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2002-08-08
Jurisdictionengland-wales
Primary SIC90020 — Support activities to performing arts
Registered office
Unit 163 Maple Leaf Business Park
Manston
Ramsgate
CT12 5GY
England
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-01-20
Last: 2026-01-06
Officers (1 active · 5 resigned)
REAVLEY, Benjamin William→
Activedirector · ~34y · appointed 2024-07-19
View their other companies + combined net worth →
NOMINEE SECRETARY LTD→
Resignedcorporate-nominee-secretary · appointed 2002-08-08 · resigned 2005-05-03
THE FRY GROUP→
Resignedcorporate-secretary · appointed 2004-05-11 · resigned 2006-04-18
WILFRED T FRY LIMITED→
Resignedcorporate-secretary · appointed 2006-04-18 · resigned 2011-08-08
NELSSON, Garry→
Resigneddirector · ~65y · appointed 2002-08-08 · resigned 2024-07-19
WILKES, Thomas→
Resigneddirector · ~42y · appointed 2024-07-19 · resigned 2026-01-30
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Triple Point Advancr Leasing Triple Point Advancr Leasing PLC | A registered charge | 1 property | 19/07/2024 | — | |
| outstanding | Garry Nelsson | A registered charge | — | 19/07/2024 | — | |
| outstanding | Merino Management Merino Management Limited | A registered charge | — | 19/07/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (70 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-11
change-person-director-company-with-change-date
officers · CH01
2026-01-09
accounts-with-accounts-type-small
accounts · AA
2025-08-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-17
memorandum-articles
incorporation · MA
2024-08-05
resolution
resolution · RESOLUTIONS
2024-08-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-07-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-26
termination-director-company-with-name-termination-date
officers · TM01
2024-07-26
appoint-person-director-company-with-name-date
officers · AP01
2024-07-26
appoint-person-director-company-with-name-date
officers · AP01
2024-07-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-24