ACTIVE LEEDS LIMITED

💤Zombieactive
05197205 · ltd · incorporated 2004-08-04
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 Oct 2024
Net worth
£90.5k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47710Retail sale of clothing in specialised stores
  • 47721Retail sale of footwear in specialised stores
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 19.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 2 with DOB)
76
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £90,513
Net assets shrinking
Down £1,055 YoY
Cash YoY
-6%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£77k
↓ 6.2% YoY
Net Worth
£91k
↓ 1.2% YoY
Current Assets
£173k
↓ 16% YoY
Current Liabilities
—
£0£41k£82k£123k£164k£204kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Total assets£104.1k£115.8k
Current assets£172.8k£204.5k
Cash£77.4k£82.5k
Debtors£45.2k£71.5k
Net assets£90.5k£91.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (30 events)Click to expand
  1. 2025-07-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-07-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-07-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-07-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2021-07-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2020-10-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2019-07-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2018-07-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2017-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2016-07-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-08-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-07-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2014-10-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-07-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2013-11-11
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  16. 2011-09-01
    ➖
    JOHNSON, Michael resigned
    secretary
  17. 2011-09-01
    ➖
    HICKSON, Jane Elizabeth resigned
    director
  18. 2009-10-10
    ➕
    HICKSON, Jane Elizabeth appointed
    director
  19. 2008-04-15
    ➖
    HICKSON, Jane Elizabeth resigned
    secretary
  20. 2008-04-15
    ➕
    JOHNSON, Michael appointed
    secretary
  21. 2007-03-20
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  22. 2006-05-02
    ➖
    FLETCHER, Richard resigned
    secretary
  23. 2006-05-02
    ➕
    HICKSON, Jane Elizabeth appointed
    secretary
  24. 2004-09-03
    ➕
    JOHNSON, Michael appointed
    director
  25. 2004-09-03
    ➕
    FLETCHER, Richard appointed
    secretary
  26. 2004-09-03
    ➖
    @UKPLC CLIENT SECRETARY LTD resigned
    corporate-nominee-secretary
  27. 2004-09-03
    ➖
    @UKPLC CLIENT DIRECTOR LTD resigned
    corporate-nominee-director
  28. 2004-08-04
    🏢
    Company incorporated
    As ACTIVE LEEDS LIMITED
  29. 2004-08-04
    ➕
    @UKPLC CLIENT SECRETARY LTD appointed
    corporate-nominee-secretary
  30. 2004-08-04
    ➕
    @UKPLC CLIENT DIRECTOR LTD appointed
    corporate-nominee-director

Owner dependency

93/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • 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 22 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%
NameSharesVoting rightsNature of controlNotified
Mr Michael Johnson
Individual · British · DOB 04/1965 · age 61
75–100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence04/08/2016

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

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
Incorporated2004-08-04
Jurisdictionengland-wales
Primary SIC46420 — Wholesale of clothing and footwear

Registered office

56 Bradford Road, Stanningley
Pudsey
West Yorkshire
LS28 6EF

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04

Officers (1 active · 6 resigned)

JOHNSON, Michael→
director · ~61y · appointed 2004-09-03
View their other companies + combined net worth →
Active
FLETCHER, Richard→
secretary · appointed 2004-09-03 · resigned 2006-05-02
Resigned
HICKSON, Jane Elizabeth→
secretary · appointed 2006-05-02 · resigned 2008-04-15
Resigned
JOHNSON, Michael→
secretary · appointed 2008-04-15 · resigned 2011-09-01
Resigned
@UKPLC CLIENT SECRETARY LTD→
corporate-nominee-secretary · appointed 2004-08-04 · resigned 2004-09-03
Resigned
HICKSON, Jane Elizabeth→
director · ~64y · appointed 2009-10-10 · resigned 2011-09-01
Resigned
@UKPLC CLIENT DIRECTOR LTD→
corporate-nominee-director · appointed 2004-08-04 · resigned 2004-09-03
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Mortgage1 property20/03/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-09-11