FROST DESIGN ASSOCIATES LIMITED

💤Zombieactive

04675240 · ltd · incorporated 2003-02-21

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 35300

Sector: Electricity, gas & energy

ALSO REGISTERED FOR

41100Development of building projects
43220Plumbing, heat and air-conditioning installation
71122Engineering related scientific and technical consulting activities

Investor take

Pursue

Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). 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 (75/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (2 active, 5 linked, 1 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

65 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Average employees	-100	-100

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-07-18
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-19
📄
change-person-secretary-company-with-change-date
officers · CH03
2019-06-19
📄
change-person-secretary-company-with-change-date
officers · CH03
2018-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-10-11
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-11-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-08-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-07-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-12-01
➕
FROST, Claire Sarah appointed
secretary
2010-12-01
➖
FROST, Mary Philomena resigned
secretary
2003-02-21
🏢
Company incorporated
As FROST DESIGN ASSOCIATES LIMITED
2003-02-21
➕
FROST, Nigel appointed
director
2003-02-21
➕
FROST, Mary Philomena appointed
secretary
2003-02-21
➕
WATERLOW SECRETARIES LIMITED appointed
corporate-nominee-secretary
2003-02-21
➖
WATERLOW SECRETARIES LIMITED resigned
corporate-nominee-secretary
2003-02-21
➕
WATERLOW NOMINEES LIMITED appointed
corporate-nominee-director
2003-02-21
➖
WATERLOW NOMINEES LIMITED resigned
corporate-nominee-director

Owner dependency

100/100

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 name in company name: Company name contains director surname "FROST" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 23 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 23 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 23 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

clean

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Nigel Frost Individual · British · DOB 10/1963 · age 63	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	20/02/2017
Mrs Claire Sarah Frost Individual · British · DOB 01/1969 · age 57	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2025

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Energy & utilities · FY postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LANCASHIRE WASTE RECYCLING LIMITED→ 07383636 · est 2010	£12.22M £8.80M–£15.64M	—	—	26	15y	82	62y
ENVIROFUEL (SRF) LTD→ 07732679 · est 2011	£998.1k £718.6k–£1.28M	—	—	25	14y	82	62y
M J TEALE PLANT HIRE LIMITED→ 04996274 · est 2003 · no financials extracted	—	—	—	—	22y	82	75y
A1 SKIP HIRE LTD→ 04497328 · est 2002	—	—	£1.02M	—	23y	80	61y
ALLCOOL (N.W.) LIMITED→ 07419927 · est 2010	—	—	£793.5k	—	15y	80	59y
BLACKPOOL SKIP HIRE LIMITED→ 04637688 · est 2003 · no financials extracted	—	—	—	—	23y	80	75y
HORNBY'S DRAINAGE LTD→ 09433274 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
INDUSTRIAL PROCESSES AUTOMATION SERVICES LTD→ 13139245 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
J & F DRAINAGE LIMITED→ 08916021 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
JACKSON SKIP & RECYCLING LIMITED→ 05772766 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
KEARON EXPORT-IMPORT LTD→ 07548465 · est 2011 · no financials extracted	—	—	—	—	15y	—	—
LANZHERON LTD→ 13134118 · est 2021 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated2003-02-21

Jurisdictionengland-wales

Primary SIC35300 — SIC 35300

Registered office

26 Estuary View

Victory Boulevard

Lytham St. Annes

FY8 5TU

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-07

Last: 2026-02-21

Officers (2 active · 3 resigned)

FROST, Claire Sarah→

secretary · appointed 2010-12-01

View their other companies + combined net worth →

Active

FROST, Nigel→

director · ~63y · appointed 2003-02-21

View their other companies + combined net worth →

Active

FROST, Mary Philomena→

secretary · appointed 2003-02-21 · resigned 2010-12-01

Resigned

WATERLOW SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2003-02-21 · resigned 2003-02-21

Resigned

WATERLOW NOMINEES LIMITED→

corporate-nominee-director · appointed 2003-02-21 · resigned 2003-02-21

Resigned

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

Recent filings (65 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-02-27

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2025-07-18