45 WADESON STREET MANAGEMENT LIMITED

💤Zombieactive
04669510 · ltd · incorporated 2003-02-18
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
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Turnover
year to Feb 2025
Net worth
£5.8k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
Investor take
Special-situation opportunity
Distressed hospitality with salvageable qualities — special-situations priority.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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 (1 active, 7 linked, 4 with DOB)
81
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
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £5,842

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£6k
~ YoY
Current Assets
Current Liabilities
£0£1k£2k£4k£5k£6kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£5.8k£5.8k
Net assets£5.8k£5.8k

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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-05-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-11-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-02-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-12-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2016-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-04-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-11-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-03-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-11-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-02-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2012-01-31
    NEWMAN, Stephen Donald appointed
    director
  18. 2012-01-31
    KING, Robert resigned
    director
  19. 2007-02-17
    SLADE, Charlotte resigned
    director
  20. 2006-12-09
    JAMES, David Pryce resigned
    secretary
  21. 2006-12-09
    JAMES, David Pryce resigned
    director
  22. 2003-02-18
    🏢
    Company incorporated
    As 45 WADESON STREET MANAGEMENT LIMITED
  23. 2003-02-18
    JAMES, David Pryce appointed
    secretary
  24. 2003-02-18
    L.C.I. SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  25. 2003-02-18
    L.C.I. SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  26. 2003-02-18
    JAMES, David Pryce appointed
    director
  27. 2003-02-18
    KING, Robert appointed
    director
  28. 2003-02-18
    SLADE, Charlotte appointed
    director
  29. 2003-02-18
    L.C.I. DIRECTORS LIMITED appointed
    corporate-nominee-director
  30. 2003-02-18
    L.C.I. DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-27

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Stephen Donald Newman
Individual · British · DOB 03/1964 · age 62
2550%
25-50% 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

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
Incorporated2003-02-18
Jurisdictionengland-wales
Primary SIC55900 — Other accommodation

Registered office

45a Wadeson Street
London
E2 9DP

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-02-27OVERDUE
Last: 2025-02-13

Officers (1 active · 6 resigned)

NEWMAN, Stephen Donald
director · ~62y · appointed 2012-01-31
View their other companies + combined net worth →
Active
JAMES, David Pryce
secretary · appointed 2003-02-18 · resigned 2006-12-09
Resigned
L.C.I. SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2003-02-18 · resigned 2003-02-18
Resigned
JAMES, David Pryce
director · ~68y · appointed 2003-02-18 · resigned 2006-12-09
Resigned
KING, Robert
director · ~46y · appointed 2003-02-18 · resigned 2012-01-31
Resigned
SLADE, Charlotte
director · ~49y · appointed 2003-02-18 · resigned 2007-02-17
Resigned
L.C.I. DIRECTORS LIMITED
corporate-nominee-director · appointed 2003-02-18 · resigned 2003-02-18
Resigned

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

Recent filings (58 total)

gazette-notice-compulsory
gazette · GAZ1
2026-05-26
accounts-with-accounts-type-dormant
accounts · AA
2025-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-19
accounts-with-accounts-type-dormant
accounts · AA
2023-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-07
accounts-with-accounts-type-dormant
accounts · AA
2023-02-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-17
accounts-with-accounts-type-dormant
accounts · AA
2021-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-18