88 CAPITAL LIMITED

💤Zombieactive
08722899 · ltd · incorporated 2013-10-08
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 Sept 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. 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 (58/100).

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
2 officers (1 active, 2 linked, 2 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
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30

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 (21 events)Click to expand
  1. 2025-11-18
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2025-11-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-11-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-11-13
    SINGH, Kamaljit appointed
    director
  5. 2025-11-13
    SINGH, Parmjit resigned
    director
  6. 2025-11-13
    📄
    dissolution-withdrawal-application-strike-off-company
    dissolution · DS02
  7. 2025-11-11
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  8. 2024-10-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2024-06-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-10-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2022-02-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2021-04-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2020-10-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2020-01-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2020-01-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-10-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2019-02-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2018-11-05
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2018-02-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2013-10-08
    🏢
    Company incorporated
    As 88 CAPITAL LIMITED
  21. 2013-10-08
    SINGH, Parmjit appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Parmjit Singh
Individual · British · DOB 03/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Kamaljit Singh
Individual · British · DOB 10/1978 · age 48
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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
Incorporated2013-10-08
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities

Registered office

Kreston Reeves Llp Innovation House
Ramsgate Road
Sandwich
Kent
CT13 9FF
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08

Officers (1 active · 1 resigned)

SINGH, Kamaljit
director · ~48y · appointed 2025-11-13
View their other companies + combined net worth →
Active
SINGH, Parmjit
director · ~49y · appointed 2013-10-08 · resigned 2025-11-13
Resigned

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

Recent filings (40 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2025-11-18
termination-director-company-with-name-termination-date
officers · TM01
2025-11-14
appoint-person-director-company-with-name-date
officers · AP01
2025-11-14
dissolution-withdrawal-application-strike-off-company
dissolution · DS02
2025-11-13
dissolution-application-strike-off-company
dissolution · DS01
2025-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-24
accounts-with-accounts-type-dormant
accounts · AA
2024-10-24
accounts-with-accounts-type-dormant
accounts · AA
2024-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-dormant
accounts · AA
2022-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-dormant
accounts · AA
2022-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-11
accounts-with-accounts-type-dormant
accounts · AA
2021-04-26