32 SQUARED MEDIA LTD
💤Zombieactive
09095076 · ltd · incorporated 2014-06-20
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 Mar 2025
Net worth
£306
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
PursueStrong opportunity: asset-holding vehicle 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: Cash flow review and working-capital discipline. Cash down -71% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (65/100).
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
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £306
Net assets shrinking
Down £1,050 YoY
Cash draining
Cash down 71% YoY
Cash YoY
-71%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£13k
↓ 71% YoY
Net Worth
£306
↓ 77% YoY
Current Assets
£58k
↓ 21% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £11.6k | £21.9k |
| Current assets | £57.9k | £73.4k |
| Cash | £13.1k | £44.4k |
| Debtors | £44.8k | £29.0k |
| Net assets | £306 | £1.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-14📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2022-01-14📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2022-01-14📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2021-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-11-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-10-31➖GRINDLE, Sam Jonathan resigneddirector
- 2018-06-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-06-20🏢Company incorporatedAs 32 SQUARED MEDIA LTD
- 2014-06-20➕KENDALL, Edward Paul appointeddirector
- 2014-06-20➕GRINDLE, Sam Jonathan appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
50/100
Moderate signalSome 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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 Edward Paul Kendall Individual · British · DOB 09/1982 · age 44 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr Sam Grindleceased 31/10/2018· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 100% EDITS LTD→ 16344962 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 11ELEVEN MOTION LTD→ 15205128 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 138 CONSULTING LTD→ 16819272 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 13SPIDERS LIMITED→ 05154859 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 207 CAPITAL HOLDINGS LIMITED→ 16607205 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 276 CONSULTANCY LTD→ 12395529 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 2N6 LTD→ 14511245 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 2TG CONSULTING LIMITED→ 14801654 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 3 D INTERIORS LIMITED→ 03210651 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| 3 WISHES FOR CHRISTMAS LIMITED→ 15338437 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 33FLOORS LTD→ 10513876 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 360 TESTING LTD→ 10576922 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2014-06-20
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities
Registered office
Henleaze Business Centre
13 Harbury Road
Bristol
BS9 4PN
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-20
Last: 2025-06-06
Officers (1 active · 1 resigned)
KENDALL, Edward Paul→
Activedirector · ~44y · appointed 2014-06-20
View their other companies + combined net worth →
GRINDLE, Sam Jonathan→
Resigneddirector · ~43y · appointed 2014-06-20 · resigned 2018-10-31
Click a director name to see their full track record across all companies.
Recent filings (36 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-05
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-01-14
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-01-14
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-25