402 LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £41.3k | £22.1k |
| Current assets | £71.5k | £46.5k |
| Net assets | £41.3k | £22.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 3 officers
- • 1 persons-with-significant-control
- • 1 accounts
- • 3 officers
- • 1 persons-with-significant-control
- • 1 accounts
Corporate timeline (25 events)Click to expand
- 2026-04-01📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-04-01📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-01📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-06-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-29➕BEASON, Anneka appointeddirector
- 2021-06-25📄change-person-director-company-with-change-dateofficers · CH01
- 2021-04-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-06➕DE SOUZA, Reginald Felix Victor appointeddirector
- 2012-08-23➕VINDLA, Roshan appointeddirector
- 2011-06-21🏢Company incorporatedAs 402 LIMITED
- 2011-06-21➕VINDLA, Sachin appointedsecretary
- 2011-06-21➕VINDLA, Mona, Dr appointeddirector
- 2011-06-21➕VINDLA, Sachin appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 15 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Reginald Felix Victor De Souza Individual · British · DOB 02/1955 · age 71 | 50–75% | — | 50-75% shares | 30/06/2018 |
Dr Mona Vindla Individual · British · DOB 11/1964 · age 62 | — | — | sig. influencesignificant influence | 01/07/2016 |
2 historic (ceased) PSCs
- Mr Sachin Vindlaceased 01/09/2017· 25-50% shares
- Mr Roshan Vindlaceased 01/09/2017· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (6 active · 0 resigned)
Click a director name to see their full track record across all companies.