79TH ELEMENT LIMITED

💤Zombieactive
09146736 · ltd · incorporated 2014-07-24
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
Upgrade to see
Turnover
year to Jan 2023
Net worth
book net assets
Opportunity
45/100
Watch
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What this business does
Primary activity: SIC 07290
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 45/100 (watch), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on immediate intervention.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
45/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
23
Multiple red flags — proceed with caution.
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£0Jan 2022Jan 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-01-312022-01-31

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-11-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-02-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2025-01-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-10-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-10-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-11-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-11-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2023-11-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2023-11-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2023-10-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2023-10-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-11-18
    ⚠️
    liquidation-voluntary-arrangement-completion
    insolvency · CVA4
  14. 2022-09-26
    ⚠️
    liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-date
    insolvency · CVA3
  15. 2021-09-13
    ⚠️
    liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-date
    insolvency · CVA3
  16. 2020-08-12
    ⚠️
    liquidation-voluntary-arrangement-meeting-approving-companies-voluntary-arrangement
    insolvency · CVA1
  17. 2020-02-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2020-02-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2020-01-31
    WEBSTER, Jake Michael resigned
    director
  20. 2020-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2019-12-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  22. 2018-03-22
    CROSBY-BENIN, Samuel resigned
    director
  23. 2017-05-03
    CROSBY-BENIN, Samuel appointed
    director
  24. 2016-10-31
    CLARK, Jeremy appointed
    director
  25. 2016-10-06
    WEBSTER, David Gary resigned
    director
  26. 2016-08-02
    WEBSTER, David Gary appointed
    director
  27. 2014-07-24
    🏢
    Company incorporated
    As 79TH ELEMENT LIMITED
  28. 2014-07-24
    WEBSTER, Jake Michael appointed
    director

Owner dependency

83/100
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 59 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple 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

3 high · 1 med ·
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: 2024-10-31

Confirmation statement overdue
high

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

Evidence: Next due: 2025-08-07

4 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2022-11-18: liquidation-voluntary-arrangement-completion; 2022-09-26: liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-date

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Jake Michael Webster
Individual · British · DOB 03/1993 · age 33
sig. influencesignificant influence27/07/2016

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

12 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
Incorporated2014-07-24
Jurisdictionengland-wales
Primary SIC07290 — SIC 07290

Registered office

Pelican House
119c Eastbank Street
Southport
Merseyside
PR8 1DQ
England

Filing status

Accounts
Next due: 2024-10-31OVERDUE
Last made up to: 2023-01-31
Confirmation statement
Next due: 2025-08-07OVERDUE
Last: 2024-07-24

Officers (1 active · 3 resigned)

CLARK, Jeremy
director · ~59y · appointed 2016-10-31
View their other companies + combined net worth →
Active
CROSBY-BENIN, Samuel
director · ~55y · appointed 2017-05-03 · resigned 2018-03-22
Resigned
WEBSTER, David Gary
director · ~61y · appointed 2016-08-02 · resigned 2016-10-06
Resigned
WEBSTER, Jake Michael
director · ~33y · appointed 2014-07-24 · resigned 2020-01-31
Resigned

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

Recent filings (44 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
gazette-filings-brought-up-to-date
gazette · DISS40
2025-11-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-02-11
gazette-notice-compulsory
gazette · GAZ1
2025-01-14
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-23
gazette-notice-compulsory
gazette · GAZ1
2024-10-15
accounts-with-accounts-type-dormant
accounts · AA
2023-11-01
accounts-with-accounts-type-dormant
accounts · AA
2023-11-01
accounts-with-accounts-type-dormant
accounts · AA
2023-11-01
accounts-with-accounts-type-dormant
accounts · AA
2023-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-31
gazette-filings-brought-up-to-date
gazette · DISS40
2023-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13