10GB LTD

💤Zombieactive
07458008 · ltd · incorporated 2010-12-02
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
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 74). 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 (78/100)

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 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
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
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£0Dec 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

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
5
filings
  • 3 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-12-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-12-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2025-09-01
    MEAD, Nigel Richard appointed
    director
  7. 2025-09-01
    BRYANT, Richard William resigned
    director
  8. 2025-08-31
    MEAD, Nigel Richard resigned
    director
  9. 2024-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2023-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2022-09-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2021-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2020-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2019-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-09-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2017-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2015-12-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2012-04-01
    BRYANT, Richard William appointed
    director
  20. 2010-12-02
    🏢
    Company incorporated
    As 10GB LTD
  21. 2010-12-02
    MEAD, Nigel Richard 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 74 — 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 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BRYANT, Richard William resigned 2025-09-01; MEAD, Nigel Richard resigned 2025-08-31

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Nigel Richard Mead
Individual · British · DOB 03/1952 · age 74
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mr Richard William Bryantceased 31/08/2025· 25-50% shares

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

8 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
Incorporated2010-12-02
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities

Registered office

79 Queens Wharf
45-47 Queens Road
Reading
RG1 4QE

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-16
Last: 2025-12-02

Officers (1 active · 2 resigned)

MEAD, Nigel Richard
director · ~74y · appointed 2025-09-01
View their other companies + combined net worth →
Active
BRYANT, Richard William
director · ~80y · appointed 2012-04-01 · resigned 2025-09-01
Resigned
MEAD, Nigel Richard
director · ~74y · appointed 2010-12-02 · resigned 2025-08-31
Resigned

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

Recent filings (36 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-16
termination-director-company-with-name-termination-date
officers · TM01
2025-12-16
appoint-person-director-company-with-name-date
officers · AP01
2025-12-16
termination-director-company-with-name-termination-date
officers · TM01
2025-12-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-15
accounts-with-accounts-type-dormant
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-03
accounts-with-accounts-type-dormant
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-dormant
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-14
accounts-with-accounts-type-dormant
accounts · AA
2022-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-15
accounts-with-accounts-type-dormant
accounts · AA
2021-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-03