1512 DESIGN LIMITED

💤Zombieactive
08014402 · ltd · incorporated 2012-03-30
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
not disclosed
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 46160
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

🏦

Refinance opportunity

1 live charge · oldest 13.3y

45/100
under pressure

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

  • · Oldest live charge is 13.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
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
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
4
filings
  • 2 gazette
  • 1 confirmation-statement
  • 1 dissolution
Last 180 days
4
filings
  • 2 gazette
  • 1 confirmation-statement
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-02-28
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2026-02-17
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-08-29
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  5. 2024-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-05-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-10-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-06-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-11-04
    AUSTIN-LEE, Julie resigned
    director
  12. 2019-11-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2019-11-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2019-11-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2019-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2014-12-16
    LEE, Ian Wai Wah appointed
    director
  18. 2013-01-22
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  19. 2012-03-30
    🏢
    Company incorporated
    As 1512 DESIGN LIMITED
  20. 2012-03-30
    AUSTIN-LEE, Julie appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-11-29

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ian Wai Wah Lee
Individual · British · DOB 02/1964 · age 62
75100%
75–100%75-100% shares · 75-100% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Julie Austin-Leeceased 04/11/2019· 25-50% shares · 25-50% voting

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

9 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
Incorporated2012-03-30
Jurisdictionengland-wales
Primary SIC46160 — SIC 46160

Registered office

Suite G11 Monckton Road
Wakefield
WF2 7AS
England

Filing status

Accounts
Next due: 2025-11-29OVERDUE
Last made up to: 2023-08-31
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04

Officers (1 active · 1 resigned)

LEE, Ian Wai Wah
director · ~62y · appointed 2014-12-16
View their other companies + combined net worth →
Active
AUSTIN-LEE, Julie
director · ~60y · appointed 2012-03-30 · resigned 2019-11-04
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property22/01/2013
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-02-28
gazette-notice-compulsory
gazette · GAZ1
2026-02-17
change-account-reference-date-company-current-shortened
accounts · AA01
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-15