266 LIMITED

💤Zombieactive
07311294 · ltd · incorporated 2010-07-12
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
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Turnover
—
year to Jun 2025
Net worth
£-47.1k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47990Other retail sale not in stores, stalls or markets
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
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
2 connected companies via shared directors
51
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
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 £47,119

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£47k
↓ 16% YoY
Current Assets
£410
↓ 40% YoY
Current Liabilities
—
-£47k-£38k-£28k-£18k-£9k£684Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£-8.3k£-9.0k
Current assets£410£684
Net assets£-47.1k£-40.5k

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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-29
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2024-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-07-19
    ➖
    KING, Amanda Frances resigned
    secretary
  5. 2024-01-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-01-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-01-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-01-14
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2020-01-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-03-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2019-03-03
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2019-03-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-03-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-03-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2010-07-12
    🏢
    Company incorporated
    As 266 LIMITED
  18. 2010-07-12
    ➕
    PALMER, John Anthony appointed
    director
  19. 2010-07-12
    ➕
    KING, Amanda Frances appointed
    secretary

Owner dependency

85/100
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.

Succession & seller-readiness

68/100
Strong succession signal

Multiple 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.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Anthony Palmer
Individual · British · DOB 02/1969 · age 57
75–100%
75–100%sig. influence75-100% shares · 75-100% voting · significant influence30/06/2016

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

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🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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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
Incorporated2010-07-12
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

20-22 Wenlock Road
London
N1 7GU
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-01
Last: 2026-01-18

Officers (1 active · 1 resigned)

PALMER, John Anthony→
director · ~57y · appointed 2010-07-12
View their other companies + combined net worth →
Active
KING, Amanda Frances→
secretary · appointed 2010-07-12 · resigned 2024-07-19
Resigned

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

Recent filings (38 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-22
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-27
termination-secretary-company-with-name-termination-date
officers · TM02
2024-07-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-23
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-18
resolution
resolution · RESOLUTIONS
2020-01-14