CARPET TRACK LIMITED
💤Zombieactive
04915959 · ltd · incorporated 2003-09-30
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
£-167.3k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 30990
Sector: Manufacturing
ALSO REGISTERED FOR
- 49390SIC 49390
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 78/100 (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: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 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 (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
78 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £167,262
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£167k
↓ 22% YoY
Current Assets
£4k
↑ 675% YoY
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 |
|---|---|---|
| Total assets | £-167.3k | £-137.2k |
| Current assets | £3.8k | £496 |
| Cash | — | £496 |
| Net assets | £-167.3k | £-137.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
3
filings
- • 2 confirmation-statement
- • 1 officers
Last 180 days
3
filings
- • 2 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-03-11➖HOLDEN, Christopher Basil resigneddirector
- 2026-03-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-16📄resolutionresolution · RESOLUTIONS
- 2024-05-16📄memorandum-articlesincorporation · MA
- 2024-04-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-17📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2023-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-13📄elect-to-keep-the-directors-register-information-on-the-public-registerofficers · EH01
- 2022-11-13📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-11-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-04-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-03-31➕HOLDEN, Simon Christopher appointedsecretary
- 2022-03-31➖EVANS, Philip Ronald resignedsecretary
- 2022-03-31📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-03-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-31📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-03-30➕HOLDEN, Simon Christopher appointeddirector
- 2021-10-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-07➖EVANS, Philip Ronald resigneddirector
- 2021-10-05➖PARRY, John resigneddirector
- 2009-10-08➕EVANS, Philip Ronald appointeddirector
- 2006-02-20➖COATES-SMITH, Peter John resigneddirector
- 2003-10-10➕HOLDEN, Christopher Basil appointeddirector
- 2003-09-30🏢Company incorporatedAs CARPET TRACK LIMITED
- 2003-09-30➕EVANS, Philip Ronald appointedsecretary
- 2003-09-30➕COATES-SMITH, Peter John appointeddirector
- 2003-09-30➕PARRY, John appointeddirector
Owner dependency
83/100
Critical — business is the founderThe 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 59 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Infrastructure Asset Ownership Company Ltd holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️significant stake
Infrastructure Asset Ownership Company Ltd
Corporate parent · holds 25-50% shares
⬇
CARPET TRACK LIMITED
This company · 04915959
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Infrastructure Asset Ownership Company Ltd Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/10/2021 |
Mr Christopher Basil Holden Individual · British · DOB 08/1931 · age 95 | 25–50% | — | 25-50% shares | 30/01/2021 |
2 historic (ceased) PSCs
- Mr John Parryceased 05/10/2021· 25-50% shares
- Pre Metro Operations Ltdceased 30/01/2021· 25-50% shares
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 · Manufacturing · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 DAY DATA LTD→ 09368417 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 1892 ELECTRICAL SERVICES LIMITED→ 06973011 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 1ST CHOICE UPHOLSTERY LTD→ 04847033 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 1V1 LONDON LTD→ 17081675 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 2PURE PRODUCTS (DISTRIBUTION) LIMITED→ 07816055 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 3 WIS UK LIMITED→ 15175469 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 3D ACRYLICS & METALS LTD→ 07560492 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| 521 AUTOMATION ENGINEERING SERVICES LIMITED→ 03218334 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| 786 E&G SOLUTIONS LTD→ 15297926 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 798279 LIMITED→ 00798279 · est 1964 · no financials extracted | — | — | — | — | 62y | — | — |
| 8 BALL DIRECT LTD→ 12551104 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| A C PRODUCTS AND HOLDINGS LIMITED→ 16838501 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2003-09-30
Jurisdictionengland-wales
Primary SIC30990 — SIC 30990
Registered office
C/O Azets, Bulman House Regent Centre
Gosfort
Newcastle
NE3 3LS
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-13
Last: 2026-04-29
Officers (2 active · 5 resigned)
HOLDEN, Simon Christopher→
Activesecretary · appointed 2022-03-31
View their other companies + combined net worth →
HOLDEN, Simon Christopher→
Activedirector · ~59y · appointed 2022-03-30
View their other companies + combined net worth →
EVANS, Philip Ronald→
Resignedsecretary · appointed 2003-09-30 · resigned 2022-03-31
COATES-SMITH, Peter John→
Resigneddirector · ~89y · appointed 2003-09-30 · resigned 2006-02-20
EVANS, Philip Ronald→
Resigneddirector · ~78y · appointed 2009-10-08 · resigned 2021-10-07
HOLDEN, Christopher Basil→
Resigneddirector · ~95y · appointed 2003-10-10 · resigned 2026-03-11
PARRY, John→
Resigneddirector · ~89y · appointed 2003-09-30 · resigned 2021-10-05
Click a director name to see their full track record across all companies.
Recent filings (78 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
termination-director-company-with-name-termination-date
officers · TM01
2026-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-20
resolution
resolution · RESOLUTIONS
2024-05-16
memorandum-articles
incorporation · MA
2024-05-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-06
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-01-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-14