05748280 LTD
💤Zombieactive
05748280 · ltd · incorporated 2006-03-20
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
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 27/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 18.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
46
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
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 (37 events)Click to expand
- 2019-03-28📄restoration-order-of-courtrestoration · AC92
- 2019-03-28✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2018-04-10📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2018-04-10🏁Company dissolved
- 2018-01-23📄gazette-notice-voluntarygazette · GAZ1(A)
- 2018-01-16📄dissolution-application-strike-off-companydissolution · DS01
- 2017-06-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-06-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-03-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-06-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-03-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-06-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-04-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-06-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-03-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-04-07📄legacymortgage · MG01
- 2011-03-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-03-25🔒Charge registered #5Lender: Barclays Bank PLC
- 2011-03-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-03-12📄legacymortgage · MG01
- 2011-02-28🔒Charge registered #4Lender: Barclays Bank PLC
- 2010-03-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2010-01-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-07-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-01-03🔒Charge registered #3Lender: Clydesdale Bank PLC T/a Yorkshire Bank
- 2007-08-26🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2007-07-17🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2006-03-20🏢Company incorporatedAs 05748280 LTD
- 2006-03-20➕FREEMAN, Audrey appointedsecretary
- 2006-03-20➕FREEMAN, John Scott appointeddirector
- 2006-03-20➕JL NOMINEES TWO LIMITED appointedcorporate-nominee-secretary
- 2006-03-20➖JL NOMINEES TWO LIMITED resignedcorporate-nominee-secretary
- 2006-03-20➕JL NOMINEES ONE LIMITED appointedcorporate-nominee-director
- 2006-03-20➖JL NOMINEES ONE LIMITED resignedcorporate-nominee-director
Owner dependency
85/100
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.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2018-06-30
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2018-04-03
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Freeman Individual · British · DOB 01/1973 · age 53 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 20/03/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 SYCAMORE SQUARE LTD→ 14216679 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 13J LTD→ 12700265 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1BB LTD→ 11701606 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 1NG LIMITED→ 06835399 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| 1OAK PROJECTS LIMITED→ 16086457 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST FIX GROUP LTD→ 16777122 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1ST FIX UPVC LTD→ 14044707 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 21ST CENTURY STYLE LIMITED→ 03896886 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| 24 HOUR PLUMBING SERVICES LIMITED→ 16031506 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 241 PROPERTIES LTD→ 14136108 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 282 BUILDING SOLUTIONS LTD→ 13008687 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 2ND 2 NONE SOLUTIONS LTD→ 16551206 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated2006-03-20
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings
Registered office
Bermuda House
1a Dinsdale Place Jesmond
Newcastle Upon Tyne
Tyne & Wear
NE2 1BD
Filing status
Accounts
Next due: 2018-06-30OVERDUE
Last made up to: 2016-09-30
Confirmation statement
Next due: 2018-04-03OVERDUE
Last: 2017-03-20
Officers (2 active · 2 resigned)
Active
FREEMAN, John Scott→
Activedirector · ~53y · appointed 2006-03-20
View their other companies + combined net worth →
JL NOMINEES TWO LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-03-20 · resigned 2006-03-20
JL NOMINEES ONE LIMITED→
Resignedcorporate-nominee-director · appointed 2006-03-20 · resigned 2006-03-20
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 25/03/2011 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 28/02/2011 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC T/a Yorkshire Bank | Legal mortgage | 1 property | 03/01/2008 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 26/08/2007 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 17/07/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (39 total)
restoration-order-of-court
restoration · AC92
2019-03-28
certificate-change-of-name-company
change-of-name · CERTNM
2019-03-28
gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-04-10
gazette-notice-voluntary
gazette · GAZ1(A)
2018-01-23
dissolution-application-strike-off-company
dissolution · DS01
2018-01-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2017-04-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-26
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-06-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-03-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-06-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-04-17