LEGACY (DS) LTD

💤Zombieactive
07833257 · ltd · incorporated 2011-11-03
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 Nov 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
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).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 connected companies via shared directors
54
Filing history
45 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
55
Some acquirability indicators.
Risk profile
85
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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30

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

🔒Filing-note intelligence

2 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 (23 events)Click to expand
  1. 2025-09-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-05-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2022-08-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-08-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-01-04
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2021-01-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2021-01-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2021-01-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2021-01-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2020-12-24
    MORGAN-BARNES, Simione Clementina appointed
    director
  14. 2020-12-24
    JOHNSON, Darnell resigned
    director
  15. 2020-11-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2020-03-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2020-03-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2019-12-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2019-08-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2015-11-12
    JOHNSON, Darnell appointed
    director
  21. 2015-11-12
    MORGAN-BARNES, Simoine resigned
    director
  22. 2011-11-03
    🏢
    Company incorporated
    As LEGACY (DS) LTD
  23. 2011-11-03
    MORGAN-BARNES, Simoine appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
NameSharesVoting rightsNature of controlNotified
Miss Simione Clementina Morgan-Barnes
Individual · British · DOB 01/1980 · age 46
sig. influencesignificant influence24/12/2020
1 historic (ceased) PSC
  • Ms Darnell Johnsonceased 24/12/2020· significant influence

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
Incorporated2011-11-03
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

21 Norwich Road
Thornton Heath
Surrey
CR7 8NA
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-17
Last: 2025-11-03

Officers (1 active · 2 resigned)

MORGAN-BARNES, Simione Clementina
director · ~46y · appointed 2020-12-24
View their other companies + combined net worth →
Active
JOHNSON, Darnell
director · ~32y · appointed 2015-11-12 · resigned 2020-12-24
Resigned
MORGAN-BARNES, Simoine
director · ~46y · appointed 2011-11-03 · resigned 2015-11-12
Resigned

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

Recent filings (45 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-17
change-person-director-company-with-change-date
officers · CH01
2023-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-11
accounts-with-accounts-type-dormant
accounts · AA
2021-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-26
resolution
resolution · RESOLUTIONS
2021-01-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-01-04