1898 HOLDINGS (PORTSMOUTH) LIMITED

💤Zombieactive
08063057 · ltd · incorporated 2012-05-09
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 May 2024
Net worth
£1
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Renting and operating of Housing Association real estate
Sector: Real estate
Investor take
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 68/100 (strong), bankability 55/100. 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).

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
68/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1
Current Assets
£1
Current Liabilities
£0£0£0£1£1£1May 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-05-312023-05-31
Total assets£1
Current assets£1
Net assets£1

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-02-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-11-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-02-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-02-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-07-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2022-07-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-02-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-05-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-02-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-02-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2018-02-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2017-07-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-03-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2017-03-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2017-03-21
    JERVIS, Simon Bruce appointed
    director
  17. 2017-03-21
    FRANCIS, Paul John resigned
    director
  18. 2012-05-09
    🏢
    Company incorporated
    As 1898 HOLDINGS (PORTSMOUTH) LIMITED
  19. 2012-05-09
    FRANCIS, Paul John 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 58 — 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 58. 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: 2026-02-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Simon Jervis
Individual · British · DOB 01/1968 · age 58
75100%
75-100% shares21/03/2017

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
Incorporated2012-05-09
Jurisdictionengland-wales
Primary SIC68201 — Renting and operating of Housing Association real estate

Registered office

Unit 1 The Ajm Centre
Prospect Business Park
Swanage
Dorset
BH19 1FE
United Kingdom

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-06-06
Last: 2025-05-23

Officers (1 active · 1 resigned)

JERVIS, Simon Bruce
director · ~58y · appointed 2017-03-21
View their other companies + combined net worth →
Active
FRANCIS, Paul John
director · ~63y · appointed 2012-05-09 · resigned 2017-03-21
Resigned

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

Recent filings (38 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
accounts-with-accounts-type-dormant
accounts · AA
2025-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-07
accounts-with-accounts-type-dormant
accounts · AA
2024-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-23
accounts-with-accounts-type-dormant
accounts · AA
2023-02-14
gazette-filings-brought-up-to-date
gazette · DISS40
2022-07-27
gazette-notice-compulsory
gazette · GAZ1
2022-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-25
accounts-with-accounts-type-dormant
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-06
accounts-with-accounts-type-dormant
accounts · AA
2021-05-11