208 B1 LIMITED

💤Zombieactive
08622192 · ltd · incorporated 2013-07-24
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 Jul 2024
Net worth
£435.8k
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Special-situation opportunity
Distressed trade-services with salvageable qualities — special-situations priority.

Opportunity 68/100 (strong), bankability 55/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

Data confidence

Overall: medium (74/100)

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
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
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 · accounting standard not declared
Positive net assets
Net assets £435,828

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£436k
~ YoY
Current Assets
£450k
~ YoY
Current Liabilities
£0£90k£180k£270k£360k£450kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£435.8k£435.8k
Current assets£450.0k£450.0k
Net assets£435.8k£435.8k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-10-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-09-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-08-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-04-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-04-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-04-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-04-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-04-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-04-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-07-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-04-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2013-07-24
    🏢
    Company incorporated
    As 208 B1 LIMITED
  17. 2013-07-24
    HOLTBY, Graeme Leslie appointed
    director

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 69 — 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

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • 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 ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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.

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Company details

Statusactive
Typeltd
Incorporated2013-07-24
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

The Saddlers Old Hall Lane
Roxby
Scunthorpe
DN15 0BB
England

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-07
Last: 2025-07-24

Officers (1 active · 0 resigned)

HOLTBY, Graeme Leslie
director · ~69y · appointed 2013-07-24
View their other companies + combined net worth →
Active

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

Recent filings (29 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-01
gazette-notice-compulsory
gazette · GAZ1
2025-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-24
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-08