BALANCEO LTD

💤Zombieactive
08527046 · ltd · incorporated 2013-05-13
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
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Turnover
year to May 2025
Net worth
£-228
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
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 102
Negative net assets
Liabilities exceed assets by £228

Key financials

2 years extracted from filed iXBRL accounts
Cash
£12k
Net Worth
-£228
Current Assets
£18k
Current Liabilities
-£228£3k£7k£11k£15k£18kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£8.8k
Current assets£18.3k
Cash£11.5k
Debtors£4.6k
Net assets£-228

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-11-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-11-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-01-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2024-12-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-12-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-02-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2023-12-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-12-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-02-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2022-02-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2021-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-03-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-01-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2020-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2019-05-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2019-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2018-05-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2013-05-13
    🏢
    Company incorporated
    As BALANCEO LTD
  19. 2013-05-13
    ADATO, Einat appointed
    director

Owner dependency

88/100
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 60 — approaching natural succession window.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. 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 13 years.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-27

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Einat Adato
Individual · British · DOB 01/1966 · age 60
75100%
75–100%75-100% shares · 75-100% voting14/05/2017

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

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
Incorporated2013-05-13
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.

Registered office

12 Fiddlebridge Industrial Centre
Lemsford Road
Hatfield
Hertfordshire
AL10 0DE
United Kingdom

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-27OVERDUE
Last: 2025-05-13

Officers (1 active · 0 resigned)

ADATO, Einat
director · ~60y · appointed 2013-05-13
View their other companies + combined net worth →
Active

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

Recent filings (37 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-19
change-person-director-company-with-change-date
officers · CH01
2024-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2023-12-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-14
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-14