ADVANCED BASEMENT SOLUTIONS LIMITED
💤Zombieactive
08295861 · ltd · incorporated 2012-11-15
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 Dec 2024
Net worth
£7.2k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other retail sale not in stores, stalls or markets
Sector: Wholesale & retail
Investor take
PursueAsset-holding vehicle with a 67-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 67). 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 (78/100)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
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 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
44 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 · accounting standard not declaredPositive net assets
Net assets £7,190
Net assets shrinking
Down £5,436 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£7k
↓ 43% YoY
Current Assets
£43k
↓ 20% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £7.2k | £33.9k |
| Current assets | £43.1k | £53.9k |
| Net assets | £7.2k | £12.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-11-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-21📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-12-10📄gazette-notice-compulsorygazette · GAZ1
- 2023-12-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-15📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2023-03-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-20📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-12-07📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-11-29📄gazette-notice-compulsorygazette · GAZ1
- 2021-10-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-01➖THOMAS, Rachelle, Dr resigneddirector
- 2020-08-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-04📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2019-06-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-05-31➕FOULKES, Raymond Peter appointeddirector
- 2012-11-15🏢Company incorporatedAs ADVANCED BASEMENT SOLUTIONS LIMITED
- 2012-11-15➕THOMAS, Rachelle, Dr appointeddirector
Owner dependency
90/100
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.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Raymond Peter Foulkes Individual · British · DOB 05/1959 · age 67 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 19/05/2019 |
1 historic (ceased) PSC
- Ms Rachelle Thomasceased 01/03/2021· 75-100% shares · 75-100% voting · board control · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| ACE AND TATE UK LTD→ 11016787 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACTON GENERAL STORE LIMITED→ 16011549 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACTON SMARTFIX LTD→ 17012474 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AD ORIENTAL FOOD LIMITED→ 10988288 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADKOS LTD→ 16268292 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADOR 2020 LTD→ 16386877 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADV DIGITAL BUSINESS LIMITED→ 16584055 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANI LONDON BOMBAY LIMITED→ 15855050 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVENT ECOMMERCE PARTNERS LIMITED→ 16710185 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVIBE MEDIA LTD→ 16255069 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVIC LIMITED→ 05915795 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AE MORGAN CORPORATE LIMITED→ 11175905 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2012-11-15
Jurisdictionengland-wales
Primary SIC47990 — Other retail sale not in stores, stalls or markets
Registered office
85 Great Portland Street
London
W1W 7LT
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-01
Last: 2026-01-18
Officers (1 active · 1 resigned)
FOULKES, Raymond Peter→
Activedirector · ~67y · appointed 2019-05-31
View their other companies + combined net worth →
THOMAS, Rachelle, Dr→
Resigneddirector · ~63y · appointed 2012-11-15 · resigned 2021-01-01
Click a director name to see their full track record across all companies.
Recent filings (44 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-20
gazette-filings-brought-up-to-date
gazette · DISS40
2024-12-21
gazette-notice-compulsory
gazette · GAZ1
2024-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-01
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-30
termination-director-company-with-name-termination-date
officers · TM01
2023-03-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
gazette-filings-brought-up-to-date
gazette · DISS40
2022-12-20