230PLUS LTD

💤Zombieactive
06508383 · ltd · incorporated 2008-02-19
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 Feb 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 61). 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).

🏦

Refinance opportunity

1 live charge · oldest 9.5y

45/100
under pressure

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

  • · Oldest live charge is 9.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
46 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Average employees400400

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
0
filings
Last 90 days
3
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
  • 1 officers
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-03-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-06-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2022-06-08
    🔓
    Charge satisfied #1
  9. 2021-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-07-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2019-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-01-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-02-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2017-01-09
    WANT, Julie resigned
    secretary
  18. 2016-11-14
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  19. 2008-02-19
    🏢
    Company incorporated
    As 230PLUS LTD
  20. 2008-02-19
    WANT, Robert Michael appointed
    director
  21. 2008-02-19
    WANT, Julie appointed
    secretary

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 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

78/100
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.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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 Robert Michael Want
Individual · English · DOB 12/1965 · age 61
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/02/2017

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

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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
Incorporated2008-02-19
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Unit 61 Percy Business Park
Rounds Green Road
Oldbury
B69 2RE
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (1 active · 1 resigned)

WANT, Robert Michael
director · ~61y · appointed 2008-02-19
View their other companies + combined net worth →
Active
WANT, Julie
secretary · appointed 2008-02-19 · resigned 2017-01-09
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge14/11/201608/06/2022

Recent filings (46 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-11
change-person-director-company-with-change-date
officers · CH01
2026-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-01
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-07