11PLUSBANK LTD
💤Zombieactive
08509942 · ltd · incorporated 2013-04-30
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
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£38.1k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
- 62020Information technology consultancy activities
- 82990Other business support service activities n.e.c.
- 85200Primary education
Investor take
PursueAsset-holding vehicle with a 66-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). 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: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 4 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
47 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 £38,076
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£38k
~ YoY
Current Assets
£2
↓ 83% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £2 | £12 |
| Current assets | £2 | £12 |
| Net assets | £38.1k | £38.1k |
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
7
filings
- • 4 persons-with-significant-control
- • 2 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-01-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-01-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-08-06📄gazette-notice-compulsorygazette · GAZ1
- 2024-04-03📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-04-02📄gazette-notice-compulsorygazette · GAZ1
- 2024-04-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-31➖ARASILANGO, Evanjaline Suganthiny resigneddirector
- 2023-01-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-22➕ARASILANGO, Arasaratnam appointeddirector
- 2022-12-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-06➖ARASILANGO, Arasaratnam resigneddirector
- 2022-09-06➕ARASILANGO, Evanjaline Suganthiny appointeddirector
- 2022-09-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2013-04-30🏢Company incorporatedAs 11PLUSBANK LTD
- 2013-04-30➕ARASILANGO, Arasaratnam 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 66 — 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 66. 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Arasaratnam Arasilango Individual · British · DOB 04/1960 · age 66 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/01/2026 |
2 historic (ceased) PSCs
- Mr Arasaratnam Arasilangoceased 09/01/2026· 25-50% shares · 25-50% voting · board control · trust interest · firm interest
- Mr Arasaratnam Arasilangoceased 06/09/2022· 75-100% shares · 75-100% 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 →Similar companies
Active · Technology · SW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 DEGREE UK FINANCE LTD→ 16462624 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 100K-NOW LIMITED→ 16387946 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 10FT FILMS LTD→ 03515223 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| 10X REACT LTD→ 14042372 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 169 PRODUCTIONS LIMITED→ 12810860 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1FORTIFID LTD→ 16543656 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1POINTMANAGEMENT LTD→ 10119195 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 1ST TECH ADVANCE LIMITED→ 16976494 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 20 WORLDS LIMITED→ 12247957 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 20TECH LTD→ 14326960 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 21ATOMS LTD→ 15998899 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 21ST CENTURY DIGITAL TEACHING LIMITED→ 13527420 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2013-04-30
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development
Registered office
177 Robin Hood Way
London
SW15 3QG
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15
Officers (1 active · 2 resigned)
ARASILANGO, Arasaratnam→
Activedirector · ~66y · appointed 2022-12-22
View their other companies + combined net worth →
ARASILANGO, Arasaratnam→
Resigneddirector · ~66y · appointed 2013-04-30 · resigned 2022-09-06
ARASILANGO, Evanjaline Suganthiny→
Resigneddirector · ~66y · appointed 2022-09-06 · resigned 2023-01-31
Click a director name to see their full track record across all companies.
Recent filings (47 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-09
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-07
gazette-notice-compulsory
gazette · GAZ1
2024-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-31