44 IT LTD

💤Zombieactive

07323500 · ltd · incorporated 2010-07-22

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 2025

Net worth

£-6.1k

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

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 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).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (2 active, 3 linked, 1 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

40 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Negative net assets

Liabilities exceed assets by £6,095

Cash YoY

+0%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1k

~ YoY

Net Worth

-£6k

↓ 18% YoY

Current Assets

£1k

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-07-31	2024-07-31
Total assets	£-6.1k	£-5.2k
Current assets	£1.3k	£1.3k
Cash	£1.3k	£1.3k
Net assets	£-6.1k	£-5.2k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2026-04-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-04-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-02
📄
resolution
resolution · RESOLUTIONS
2018-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-04-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2015-08-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-14
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2011-12-01
➕
COOMBS, Richard James appointed
secretary
2011-12-01
➖
LATUS, Julie resigned
secretary
2010-07-22
🏢
Company incorporated
As 44 IT LTD
2010-07-22
➕
LATUS, Julie appointed
director
2010-07-22
➕
LATUS, 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 16 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 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Julie Latus Individual · British · DOB 01/1965 · age 61	25–50%	25–50%	sig. influence25-50% shares · 25-50% voting · significant influence	01/07/2016
Mr Ian Latus Individual · British · DOB 09/1965 · age 61	25–50%	25–50%	sig. influence25-50% shares · 25-50% voting · significant influence	01/07/2016

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Trade services · CV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
10X COMMUNITIES LIMITED→ 12628747 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
1280 LIMITED→ 09821894 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
1ST CHOICE PA LTD→ 12139424 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
24/7 WORLDWIDE EXHIBITIONS LIMITED→ 12681066 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
247 DD SECURITY LTD→ 14614203 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
247 SECURITY GUARDS LTD→ 14231860 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
360 COMMERCIAL DESIGN LIMITED→ 05306154 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
365 EXCLUSIVE LIMITED→ 11665707 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
3D AESTHETICS KNOWLE LTD→ 15974014 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
3D SCANTECH LIMITED→ 05820650 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
3P INNOVATION TRUSTEE LIMITED→ 12673955 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
4B INDUSTRIES LIMITED→ 05108851 · est 2004 · no financials extracted	—	—	—	—	21y	—	—

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

Incorporated2010-07-22

Jurisdictionengland-wales

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Union House

New Union Street

Coventry

CV1 2NT

England

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-08-05

Last: 2025-07-22

Officers (2 active · 1 resigned)

COOMBS, Richard James→

secretary · appointed 2011-12-01

View their other companies + combined net worth →

Active

LATUS, Julie→

director · ~61y · appointed 2010-07-22

View their other companies + combined net worth →

Active

LATUS, Julie→

secretary · appointed 2010-07-22 · resigned 2011-12-01

Resigned

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