CROSSFIT NORTH DEVON LTD
💤Zombieactive
08235611 · ltd · incorporated 2012-10-01
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 Oct 2025
Net worth
£43.7k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (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 (73/100).
Data confidence
Overall: medium (70/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £43,748
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£44k
Current Assets
£45k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-10-31 |
|---|---|
| Total assets | £45.3k |
| Current assets | £45.2k |
| Net assets | £43.7k |
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 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-05-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-07-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-24📄capital-name-of-class-of-sharescapital · SH08
- 2019-09-24📄resolutionresolution · RESOLUTIONS
- 2019-09-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-09-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-08-28➖SLADE, Jason resigneddirector
- 2019-07-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-10-01🏢Company incorporatedAs CROSSFIT NORTH DEVON LTD
- 2012-10-01➕KEMP, Steven appointeddirector
- 2012-10-01➕SLADE, Jason appointeddirector
Owner dependency
83/100
Critical — business is the founderThe 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 61 — approaching natural succession window.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Steve Kemp Individual · British · DOB 10/1965 · age 61 | 50–75% | — | 50-75% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr Jason Maurice Sladeceased 28/08/2019· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Leisure & entertainment · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BRIGHTER FUTURE STUDIO LIMITED→ 12550923 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| CORDEN STUDIOS LTD→ 13772782 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CORNISH SECRETS LTD→ 13296861 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CRACKSHOT LIMITED→ 09035383 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CRANBROOK YOUTH CLUB CIC→ 14503611 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CROSSFIT EXE LTD→ 11293979 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CROYDE OCEAN EVENTS LTD→ 09372965 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| CRUISE EXCURSIONS WORLDWIDE LTD→ 17019778 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CULLOMPTON CRICKET & RECREATIONAL CLUB LIMITED→ 16744469 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DAN SCI LTD→ 08454248 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| DAWLISH AND DISTRICT INDOOR BOWLS ASSOCIATION LIMITED (THE)→ 01011189 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| DAWLISH CELEBRATES CARNIVAL CIC→ 10690469 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2012-10-01
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities
Registered office
Unit 3 Taw Trade Park
Braunton Road
Barnstaple
Devon
EX31 1JZ
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-01
Last: 2025-09-17
Officers (1 active · 1 resigned)
KEMP, Steven→
Activedirector · ~61y · appointed 2012-10-01
View their other companies + combined net worth →
SLADE, Jason→
Resigneddirector · ~38y · appointed 2012-10-01 · resigned 2019-08-28
Click a director name to see their full track record across all companies.
Recent filings (36 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-10-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-21
capital-name-of-class-of-shares
capital · SH08
2019-09-24