365 RACK LIMITED

💤Zombieactive
09254778 · ltd · incorporated 2014-10-08
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 Oct 2024
Net worth
£1.4k
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pursue
Strong 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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
33 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 · FRS 105 (micro)
Positive net assets
Net assets £1,365
Net assets shrinking
Down £4,095 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1k
↓ 75% YoY
Current Assets
£42k
↑ 101% YoY
Current Liabilities
£0£8k£17k£25k£34k£42kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£14.1k£28.4k
Current assets£42.1k£21.0k
Net assets£1.4k£5.5k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-24
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2023-10-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-09-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-11-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-10-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2019-10-09
    NIAZI, Shizza Obaid resigned
    director
  12. 2019-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-06-03
    KHAN, Sher Abbas appointed
    director
  14. 2019-06-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2019-04-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2019-04-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2019-04-23
    KHAN, Sher Abbas resigned
    director
  18. 2019-04-23
    NIAZI, Shizza Obaid appointed
    director
  19. 2018-10-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2018-10-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  21. 2018-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2014-10-08
    🏢
    Company incorporated
    As 365 RACK LIMITED
  23. 2014-10-08
    KHAN, Sher Abbas 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 Sher Abbas Khan
Individual · British · DOB 04/1981 · age 45
5075%
50-75% shares06/04/2016
Mrs Shizza Obaid Niazi
Individual · Pakistani · DOB 11/1989 · age 37
2550%
25-50% shares08/10/2017

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 →

Similar companies

Active · Technology · SW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
868 DATA LTD
14261333 · est 2022 · no financials extracted
3y
86OLA LIMITED
13947375 · est 2022 · no financials extracted
4y
9TH CELL LIMITED
10517242 · est 2016 · no financials extracted
9y
A1 MEDIA LIMITED
08268079 · est 2012 · no financials extracted
13y
A1P LTD
08550329 · est 2013 · no financials extracted
12y
A2B CAMERA SOLUTIONS LIMITED
07443332 · est 2010 · no financials extracted
15y
A2Z COMPUTER SOLUTIONS LTD
07869929 · est 2011 · no financials extracted
14y
A3RS CONSULTING LIMITED
16390708 · est 2025 · no financials extracted
1y
A6UN LIMITED
09896897 · est 2015 · no financials extracted
10y
A8OM LTD
14145801 · est 2022 · no financials extracted
3y
AA ACCESS PARTNERSHIP LIMITED
03823061 · est 1999 · no financials extracted
26y
AA MEDIA STUDIOS LTD.
10576258 · 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
Incorporated2014-10-08
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities

Registered office

1 Mychell House Pincott Road
Wimbledon
London
SW19 2NN
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-07-24
Last: 2025-07-10

Officers (1 active · 2 resigned)

KHAN, Sher Abbas
director · ~45y · appointed 2019-06-03
View their other companies + combined net worth →
Active
KHAN, Sher Abbas
director · ~45y · appointed 2014-10-08 · resigned 2019-04-23
Resigned
NIAZI, Shizza Obaid
director · ~37y · appointed 2019-04-23 · resigned 2019-10-09
Resigned

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

Recent filings (33 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-03
certificate-change-of-name-company
change-of-name · CERTNM
2023-10-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-08