2020 FURNITURE DESIGN LTD

💤Zombieactive
07693067 · ltd · incorporated 2011-07-05
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
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Turnover
year to Dec 2024
Net worth
£169.0k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Wholesale of furniture, carpets and lighting equipment
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46650SIC 46650
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 8.5y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £168,986
Net assets shrinking
Down £20,654 YoY
Cash YoY
+33%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£358k
↑ 33% YoY
Net Worth
£169k
↓ 11% YoY
Current Assets
£715k
↑ 9.5% YoY
Current Liabilities
£0£143k£286k£429k£572k£715kDec 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£187.5k£242.1k
Current assets£714.8k£652.7k
Cash£358.4k£269.1k
Debtors£311.2k£278.8k
Net assets£169.0k£189.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-05-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2024-07-10
    🔒
    Charge registered #2
    Lender: Barclays Security Trustee Limited
  4. 2024-06-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-10-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-10-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2023-07-26
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  8. 2023-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-06-08
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  12. 2021-06-01
    PARCHIMOWICZ, Kamil appointed
    secretary
  13. 2020-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-02-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-11-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2018-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-01-02
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  19. 2011-07-05
    🏢
    Company incorporated
    As 2020 FURNITURE DESIGN LTD
  20. 2011-07-05
    SOLOWIEJ, Piotr appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100
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 15 years.
  • 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.)

Group structure

2020 Hold Co Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
2020 Hold Co Ltd
Corporate parent · holds 75-100% shares
ultimate parent
2020 FURNITURE DESIGN LTD
This company · 07693067

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
2020 Hold Co Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting18/09/2023
1 historic (ceased) PSC
  • Mr Peter Solowiejceased 18/09/2023· 75-100% shares · 75-100% voting · board control

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 →

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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 →
🔒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
Incorporated2011-07-05
Jurisdictionengland-wales
Primary SIC46470 — Wholesale of furniture, carpets and lighting equipment

Registered office

Brigade House Alington Road
Little Barford
St Neots
PE19 6WG
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-13
Last: 2025-09-29

Officers (2 active · 0 resigned)

PARCHIMOWICZ, Kamil
secretary · appointed 2021-06-01
View their other companies + combined net worth →
Active
SOLOWIEJ, Piotr
director · ~43y · appointed 2011-07-05
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge10/07/2024
outstanding
Barclays
Barclays Bank PLC
A registered charge02/01/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-10-26
change-account-reference-date-company-current-extended
accounts · AA01
2023-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30