A PARTNERSHIP CALLED FISH LIMITED

💤Zombieactive

04875657 · ltd · incorporated 2003-08-22

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 2026

Net worth

£-12.4k

book net assets

Opportunity

75/100

Strong

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What this business does

Primary activity: Hairdressing and other beauty treatment

Sector: Other service activities

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: distressed disposal / insolvency (65/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

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

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

65 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Negative net assets

Liabilities exceed assets by £12,430

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£12k

↓ 59% YoY

Current Assets

£30k

↓ 23% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2026-03-31	2025-03-31
Total assets	£7.1k	£17.0k
Current assets	£29.6k	£38.5k
Cash	—	£25
Debtors	£19.9k	£29.3k
Net assets	£-12.4k	£-7.8k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2026-06-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-05
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-03-04
📄
change-person-director-company-with-change-date
officers · CH01
2019-03-04
📄
change-person-secretary-company-with-change-date
officers · CH03
2018-08-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-08-06
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-10-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-01
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2010-10-15
➖
GLANFIELD, Brett resigned
director
2004-09-01
➕
MEDCALF, Robert appointed
director
2003-08-22
🏢
Company incorporated
As A PARTNERSHIP CALLED FISH LIMITED
2003-08-22
➕
MEDCALF, Robert appointed
secretary
2003-08-22
➕
SECRETARIAL APPOINTMENTS LIMITED appointed
corporate-nominee-secretary
2003-08-22
➖
SECRETARIAL APPOINTMENTS LIMITED resigned
corporate-nominee-secretary
2003-08-22
➕
GLANFIELD, Brett appointed
director
2003-08-22
➕
CORPORATE APPOINTMENTS LIMITED appointed
corporate-nominee-director
2003-08-22
➖
CORPORATE APPOINTMENTS LIMITED resigned
corporate-nominee-director

Owner dependency

85/100

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 22 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100

Likely off-market candidate

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

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 22 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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Robert Medcalf Individual · British · DOB 02/1972 · age 54	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

1 historic (ceased) PSC

Mr Robert Medcalfceased 06/04/2016· 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 · Trade services · PL postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A PALMER SERVICES LTD→ 09865775 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
A.R.B SIGNS LIMITED→ 11531041 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ACNESTIS CONSULTING LIMITED→ 13098168 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ALL STAR CONTRACT SERVICES LIMITED→ 15291587 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ALL STYLE BARBER LTD→ 16141221 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ALLSPARS EOT LTD→ 16797549 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ALPHABET SIGNS (SOUTH WEST) LIMITED→ 06551940 · est 2008 · no financials extracted	—	—	—	—	18y	—	—
ALPINE NETWORKS LTD→ 05946596 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
ALSERY FARM LIMITED→ 05415012 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
ALY SWIMS CORNWALL LTD→ 15785123 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AMARA RETREAT LTD→ 17089112 · est 2026 · no financials extracted	—	—	—	—	—	—	—
AMKANOW NOWYDH LIMITED→ 10430220 · est 2016 · no financials extracted	—	—	—	—	9y	—	—

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

Incorporated2003-08-22

Jurisdictionengland-wales

Primary SIC96020 — Hairdressing and other beauty treatment

Registered office

6 Houndiscombe Road

Plymouth

Devon

PL4 6HH

Filing status

Accounts

Next due: 2027-12-31

Last made up to: 2026-03-31

Confirmation statement

Next due: 2026-08-14

Last: 2025-07-31

Officers (2 active · 3 resigned)

MEDCALF, Robert→

secretary · appointed 2003-08-22

View their other companies + combined net worth →

Active

MEDCALF, Robert→

director · ~54y · appointed 2004-09-01

View their other companies + combined net worth →

Active

SECRETARIAL APPOINTMENTS LIMITED→

corporate-nominee-secretary · appointed 2003-08-22 · resigned 2003-08-22

Resigned

GLANFIELD, Brett→

director · ~54y · appointed 2003-08-22 · resigned 2010-10-15

Resigned

CORPORATE APPOINTMENTS LIMITED→

corporate-nominee-director · appointed 2003-08-22 · resigned 2003-08-22

Resigned

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