12 RUSSELL STREET (MANAGEMENT COMPANY) LIMITED

💤Zombieactive
04592477 · ltd · incorporated 2002-11-18
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 Mar 2025
Net worth
£13.6k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pursue
Asset-holding vehicle with a 82-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 82). 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, 3 with DOB)
78
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £13,614
Net assets shrinking
Down £8,679 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£14k
↓ 39% YoY
Current Assets
£14k
↓ 38% YoY
Current Liabilities
£0£5k£9k£14k£18k£23kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£13.6k£22.3k
Current assets£14.2k£22.8k
Net assets£13.6k£22.3k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-08-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-07-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-08-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-06-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2019-05-08
    CHURCH, Adam resigned
    secretary
  10. 2018-12-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2018-11-22
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  12. 2018-11-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2018-09-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-02-14
    CHURCH, Adam appointed
    secretary
  15. 2018-02-14
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  16. 2018-02-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2018-02-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2018-01-31
    BALL, Malcolm resigned
    director
  19. 2017-11-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2017-10-27
    GILLAM, Anne-Marie appointed
    director
  21. 2013-05-01
    BALL, Malcolm appointed
    director
  22. 2013-05-01
    TONKINSON, Roger Lloyd resigned
    director
  23. 2011-08-30
    AINSWORTH, Joanna Rachel resigned
    secretary
  24. 2005-11-30
    AINSWORTH, Joanna Rachel appointed
    secretary
  25. 2005-07-11
    TONKINSON, Anne Valerie resigned
    secretary
  26. 2003-01-27
    TONKINSON, Anne Valerie appointed
    secretary
  27. 2003-01-27
    TONKINSON, Roger Lloyd appointed
    director
  28. 2002-11-18
    🏢
    Company incorporated
    As 12 RUSSELL STREET (MANAGEMENT COMPANY) LIMITED
  29. 2002-11-18
    SECRETARIAL APPOINTMENTS LIMITED appointed
    corporate-nominee-secretary
  30. 2002-11-18
    SECRETARIAL APPOINTMENTS LIMITED resigned
    corporate-nominee-secretary
  31. 2002-11-18
    CORPORATE APPOINTMENTS LIMITED appointed
    corporate-nominee-director
  32. 2002-11-18
    CORPORATE APPOINTMENTS LIMITED resigned
    corporate-nominee-director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

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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
Incorporated2002-11-18
Jurisdictionengland-wales
Primary SIC98000 — Residents property management

Registered office

141 Englishcombe Lane
Bath
BA2 2EL
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-04
Last: 2025-11-20

Officers (1 active · 7 resigned)

GILLAM, Anne-Marie
director · ~82y · appointed 2017-10-27
View their other companies + combined net worth →
Active
AINSWORTH, Joanna Rachel
secretary · appointed 2005-11-30 · resigned 2011-08-30
Resigned
CHURCH, Adam
secretary · appointed 2018-02-14 · resigned 2019-05-08
Resigned
TONKINSON, Anne Valerie
secretary · appointed 2003-01-27 · resigned 2005-07-11
Resigned
SECRETARIAL APPOINTMENTS LIMITED
corporate-nominee-secretary · appointed 2002-11-18 · resigned 2002-11-18
Resigned
BALL, Malcolm
director · ~75y · appointed 2013-05-01 · resigned 2018-01-31
Resigned
TONKINSON, Roger Lloyd
director · ~85y · appointed 2003-01-27 · resigned 2013-05-01
Resigned
CORPORATE APPOINTMENTS LIMITED
corporate-nominee-director · appointed 2002-11-18 · resigned 2002-11-18
Resigned

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

Recent filings (77 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2019-11-20
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-06
termination-secretary-company-with-name-termination-date
officers · TM02
2019-06-04