CHELSEA FINE STATIONERY LTD

💤Zombieactive
06740486 · ltd · incorporated 2008-11-04
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
Upgrade to see
Turnover
year to Jul 2024
Net worth
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: SIC 18129
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 45/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. 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 (53/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
46
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-31

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-02-13
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2025-01-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-10-23
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2024-09-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-07-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2019-06-28
    FOOT, Nicholas Rupert Ian resigned
    director
  14. 2019-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-03-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2019-02-16
    BROWN, Katherine resigned
    director
  17. 2018-11-07
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2018-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2014-10-31
    ROLLASON, William Peter appointed
    director
  21. 2014-10-31
    FOOT, Nicholas Rupert Ian appointed
    director
  22. 2014-10-31
    HARRIS, Greg resigned
    director
  23. 2008-11-04
    🏢
    Company incorporated
    As CHELSEA FINE STATIONERY LTD
  24. 2008-11-04
    BROWN, Katherine appointed
    director
  25. 2008-11-04
    HARRIS, Greg appointed
    director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2024-11-18

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
William Peter Rollason
Individual · British · DOB 11/1960 · age 66
5075%
50–75%50-75% shares · 50-75% voting06/04/2016

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

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
Incorporated2008-11-04
Jurisdictionengland-wales
Primary SIC18129 — SIC 18129

Registered office

35 St. Leonards Road
Northampton
NN4 8DL
England

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2024-11-18OVERDUE
Last: 2023-11-04

Officers (1 active · 3 resigned)

ROLLASON, William Peter
director · ~66y · appointed 2014-10-31
View their other companies + combined net worth →
Active
BROWN, Katherine
director · ~59y · appointed 2008-11-04 · resigned 2019-02-16
Resigned
FOOT, Nicholas Rupert Ian
director · ~68y · appointed 2014-10-31 · resigned 2019-06-28
Resigned
HARRIS, Greg
director · ~63y · appointed 2008-11-04 · resigned 2014-10-31
Resigned

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

Recent filings (52 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-02-13
gazette-notice-compulsory
gazette · GAZ1
2025-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-25
change-account-reference-date-company-previous-extended
accounts · AA01
2024-10-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-25