2322MH ENGINEERING LIMITED
💤Zombieactive
08455130 · ltd · incorporated 2013-03-21
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 Mar 2025
Net worth
£118
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
PursueAsset-holding vehicle with a 72-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -61% YoY — forensic review of receivables, stock turns, and creditor days. 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
28 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 £118
Net assets shrinking
Down £624 YoY
Cash draining
Cash down 61% YoY
Cash YoY
-61%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1k
↓ 61% YoY
Net Worth
£118
↓ 84% YoY
Current Assets
£2k
↓ 58% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £118 | £742 |
| Current assets | £1.7k | £3.9k |
| Cash | £1.5k | £3.8k |
| Debtors | £180 | £89 |
| Net assets | £118 | £742 |
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 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-06-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-08-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-08-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-09-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-09-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-09-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-05-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-02-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-02-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-11-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-09-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-18📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-03-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-03-21🏢Company incorporatedAs 2322MH ENGINEERING LIMITED
- 2013-03-21➕HALL, Michael John appointeddirector
Owner dependency
95/100
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 72 — succession pressure is live.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael John Hall Individual · British · DOB 06/1954 · age 72 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Sophia Hall Individual · British · DOB 12/1958 · age 68 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Professional services · LA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 188 ARGYLE ST LIMITED→ 12818412 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 32WEST LTD→ 11344807 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 38 DEGREES TRAINING AND BUSINESS SUPPORT LTD.→ 06326721 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 94N UK LTD→ 15192007 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A1 CARE SOLUTIONS NORTH WEST LIMITED→ 16669826 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A1C TECHNIK LTD→ 07766212 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AA BOOKKEEPING, PAYROLL AND BUSINESS SUPPORT LIMITED→ 10496369 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ABSOLUTE RIGHT LIMITED→ 05857009 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ABYSIS LIMITED→ 15390460 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACC4 CONSULTING LIMITED→ 12322746 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACCESS TO PUBLIC LAW LTD→ 14787563 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACCOUNTAX PLUS LTD→ 05748918 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
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
Incorporated2013-03-21
Jurisdictionengland-wales
Primary SIC70229 — Management consultancy activities other than financial management
Registered office
75 Saves Lane
Ireleth
Askam-In-Furness
Cumbria
LA16 7HL
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-21
Last: 2026-03-07
Officers (1 active · 0 resigned)
HALL, Michael John→
Activedirector · ~72y · appointed 2013-03-21
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (28 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-09-06
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2019-03-21