AVGO BIOTECH LTD
💤Zombieactive
09348039 · ltd · incorporated 2014-12-09
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
£41.3k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 10890
Sector: Manufacturing
ALSO REGISTERED FOR
- 20130SIC 20130
- 21100SIC 21100
- 23990SIC 23990
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 65). 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 9.4y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
59 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 declaredPositive net assets
Net assets £41,274
Very low cash
Cash position: £2
Key financials
1 year extracted from filed iXBRL accountsCash
£2
Net Worth
£41k
Current Assets
£54k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|---|
| Total assets | £41.3k |
| Current assets | £53.8k |
| Cash | £2 |
| Debtors | £53.8k |
| Net assets | £41.3k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-06-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-08📄capital-allotment-sharescapital · SH01
- 2025-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-07📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2024-05-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-17📄memorandum-articlesincorporation · MA
- 2024-02-17📄resolutionresolution · RESOLUTIONS
- 2024-02-06📄capital-allotment-sharescapital · SH01
- 2023-06-26📄capital-allotment-sharescapital · SH01
- 2023-06-26📄resolutionresolution · RESOLUTIONS
- 2023-05-19📄resolutionresolution · RESOLUTIONS
- 2023-05-19📄memorandum-articlesincorporation · MA
- 2023-03-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-26📄resolutionresolution · RESOLUTIONS
- 2022-05-26📄resolutionresolution · RESOLUTIONS
- 2022-05-12📄capital-allotment-sharescapital · SH01
- 2022-04-26📄resolutionresolution · RESOLUTIONS
- 2022-04-26📄notice-restriction-on-company-articleschange-of-constitution · CC01
- 2018-07-02➕STACEY, Andrew Laurence appointeddirector
- 2018-07-02➖LUNN, David Bryan resigneddirector
- 2017-06-08➕STACEY, Andrew Laurence appointeddirector
- 2017-06-08➖STACEY, Andrew Laurence resigneddirector
- 2016-12-21🔒Charge registered #1Lender: Hsbc Bank PLC
- 2015-12-11➖STACEY, Andrew Laurence resigneddirector
- 2015-12-01➕LUNN, David Bryan appointeddirector
- 2014-12-09🏢Company incorporatedAs AVGO BIOTECH LTD
- 2014-12-09➕STACEY, Andrew Laurence appointeddirector
Owner dependency
90/100
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.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- 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 |
|---|---|---|---|---|
Mr Andrew Laurence Stacey Individual · British · DOB 03/1961 · age 65 | 50–75% | — | 50-75% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr David Lunnceased 02/07/2018· 25-50% shares
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
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|---|---|---|---|---|---|---|---|
| ALAMIR ORIENTAL FOOD LTD→ 14679916 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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| ALL FLAVAZ LTD→ 13291664 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ANEMONA SWEETS LIMITED→ 15662357 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARMITAGE BROTHERS LIMITED→ 00051903 · est 1897 · no financials extracted | — | — | — | — | 129y | — | — |
| BABY BROTH LTD→ 16159839 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BAILEYS RAW LTD→ 16914118 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BAKEWELL BROTHERS LTD→ 16272924 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BANG THE ELEPHANT BREWING CO LTD→ 10942259 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BARKESTONE FARM LIMITED→ 14666723 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BARNETT CONFECTIONERS LIMITED→ 01063650 · est 1972 · no financials extracted | — | — | — | — | 53y | — | — |
| BARROWCLIFFE COOKING LIMITED→ 11216841 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2014-12-09
Jurisdictionengland-wales
Primary SIC10890 — SIC 10890
Registered office
17 North Parade
Grantham
Lincolnshire
NG31 8AT
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-28
Last: 2026-02-14
Officers (1 active · 3 resigned)
STACEY, Andrew Laurence→
Activedirector · ~65y · appointed 2018-07-02
View their other companies + combined net worth →
LUNN, David Bryan→
Resigneddirector · ~62y · appointed 2015-12-01 · resigned 2018-07-02
STACEY, Andrew Laurence→
Resigneddirector · ~65y · appointed 2017-06-08 · resigned 2017-06-08
STACEY, Andrew Laurence→
Resigneddirector · ~65y · appointed 2014-12-09 · resigned 2015-12-11
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 | HSBC Hsbc Bank PLC | A registered charge | 1 property | 21/12/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (59 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-05
capital-allotment-shares
capital · SH01
2025-04-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-27
memorandum-articles
incorporation · MA
2024-02-17
resolution
resolution · RESOLUTIONS
2024-02-17
capital-allotment-shares
capital · SH01
2024-02-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-20
capital-allotment-shares
capital · SH01
2023-06-26
resolution
resolution · RESOLUTIONS
2023-06-26