ANOTHER ART GALLERY LIMITED

💤Zombieactive
07167939 · ltd · incorporated 2010-02-24
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 Dec 2024
Net worth
£-36.4k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Operation of arts facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). 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 (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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £36,372
Net assets shrinking
Down £69,330 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£36k
↓ 210% YoY
Current Assets
Current Liabilities
-£36k-£23k-£9k£5k£19k£33kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£-36.4k£33.0k
Net assets£-36.4k£33.0k

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
1
filing
  • 1 persons-with-significant-control
Last 180 days
4
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-03-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-02-01
    CRITCHLEY, Paul resigned
    director
  3. 2026-02-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-02-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-10-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-08-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-02-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2023-09-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-04-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2023-03-31
    CRITCHLEY, Paul appointed
    director
  12. 2022-08-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2021-09-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2020-11-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2020-11-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-11-01
    CRITCHLEY, Paul resigned
    director
  17. 2020-03-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2019-08-05
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2018-06-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  20. 2010-02-24
    🏢
    Company incorporated
    As ANOTHER ART GALLERY LIMITED
  21. 2010-02-24
    CONLON, Helen appointed
    secretary
  22. 2010-02-24
    CONLON, Helen appointed
    director
  23. 2010-02-24
    CRITCHLEY, Paul appointed
    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 16 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

88/100
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 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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
NameSharesVoting rightsNature of controlNotified
Ms Helen Conlon
Individual · British · DOB 11/1963 · age 63
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
2 historic (ceased) PSCs
  • Mr Paul Critchleyceased 01/02/2026· 25-50% shares · 25-50% voting
  • Mr Paul Critchleyceased 01/11/2020· 25-50% shares · 25-50% voting

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2010-02-24
Jurisdictionengland-wales
Primary SIC90040 — Operation of arts facilities

Registered office

29 Marina Drive
Spondon
Derby
DE21 7AF

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-10
Last: 2026-02-24

Officers (2 active · 2 resigned)

CONLON, Helen
secretary · appointed 2010-02-24
View their other companies + combined net worth →
Active
CONLON, Helen
director · ~63y · appointed 2010-02-24
View their other companies + combined net worth →
Active
CRITCHLEY, Paul
director · ~66y · appointed 2023-03-31 · resigned 2026-02-01
Resigned
CRITCHLEY, Paul
director · ~66y · appointed 2010-02-24 · resigned 2020-11-01
Resigned

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

Recent filings (48 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-01
termination-director-company-with-name-termination-date
officers · TM01
2026-02-01
change-person-director-company-with-change-date
officers · CH01
2025-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-06
appoint-person-director-company-with-name-date
officers · AP01
2023-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-25