KITBRIX LTD
💤Zombieactive
08625954 · ltd · incorporated 2013-07-26
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
£-939.9k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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).
🏦
Refinance opportunity
1 live charge · oldest 6.6y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
1 charges (1/1 with lender, 1/1 with type)
90
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
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £939,891
Cash YoY
+10%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£541
↑ 9.5% YoY
Net Worth
-£940k
↓ 8.2% YoY
Current Assets
£333k
↑ 45% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-30 | 2023-12-31 |
|---|---|---|
| Total assets | £151.6k | £133.4k |
| Current assets | £333.3k | £229.5k |
| Cash | £541 | £494 |
| Debtors | £251.0k | £165.1k |
| Net assets | £-939.9k | £-868.8k |
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
2
filings
- • 1 confirmation-statement
- • 1 gazette
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-12-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-12-09📄gazette-notice-compulsorygazette · GAZ1
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-01📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-11-05🔒Charge registered #1Lender: Catherine Lara Morgan
- 2019-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-01-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-09-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-08-24➖ALDOUS, Robert resigneddirector
- 2018-08-09📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-01➕MORGAN, Catherine Lara appointeddirector
- 2013-07-26🏢Company incorporatedAs KITBRIX LTD
- 2013-07-26➕ALDOUS, Robert appointeddirector
Owner dependency
83/100
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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- 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 |
|---|---|---|---|---|
Mrs Catherine Lara Morgan Individual · British · DOB 12/1967 · age 59 | 25–50% | 25–50% | sig. influence25-50% shares · 25-50% voting · significant influence | 06/04/2016 |
1 historic (ceased) PSC
- Mr Robert Aldousceased 24/08/2018· 50-75% shares · 50-75% voting · board control · significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| INTEGRA SOLUTIONS LIMITED→ 13385997 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| INTERPARCOS U.K. LIMITED→ 06870060 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ISLANDERS FJ GROUP LTD→ 14476375 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| JOERG GEIGER LTD→ 15497855 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| JOHN JEFFERY (HOLDINGS) LIMITED→ 13757917 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| JONES&COMPANY LTD→ 12841644 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KATESKITCHEN MICROBAKERY LTD→ 16479763 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KITAGAWA EUROPE LIMITED→ 01662295 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| KITCHEN GARDEN BOTANICALS LTD→ 12852725 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KONNECTGLOBAL HUB GROUP LTD→ 17044553 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| LEIGH WILLIAMS WINDOWS LIMITED→ 09098294 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| LIME STUFF LIMITED→ 07500608 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2013-07-26
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
Windover House
St. Ann Street
Salisbury
SP1 2DR
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-30
Confirmation statement
Next due: 2026-10-03
Last: 2025-09-19
Officers (1 active · 1 resigned)
MORGAN, Catherine Lara→
Activedirector · ~59y · appointed 2018-07-01
View their other companies + combined net worth →
ALDOUS, Robert→
Resigneddirector · ~46y · appointed 2013-07-26 · resigned 2018-08-24
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Catherine Lara Morgan | A registered charge | — | 05/11/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (43 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-14
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-23
gazette-notice-compulsory
gazette · GAZ1
2025-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
change-person-director-company-with-change-date
officers · CH01
2024-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-15
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-09