4MATION LTD

💤Zombieactive
09466754 · ltd · incorporated 2015-03-03
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
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: Other activities of employment placement agencies
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 10.9y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
29 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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-12-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-03-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-03-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-12-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2023-03-31
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2022-12-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2022-03-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-08-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2021-08-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-03-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2019-12-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2019-02-14
    📄
    accounts-amended-with-made-up-date
    accounts · AAMD
  14. 2018-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2017-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2015-07-09
    🔒
    Charge registered #1
    Lender: Ultimate Invoice Finance Limited
  17. 2015-03-03
    🏢
    Company incorporated
    As 4MATION LTD
  18. 2015-03-03
    LIU, Enquan appointed
    secretary
  19. 2015-03-03
    LIU, Enquan appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Enquan Liu
Individual · British · DOB 08/1986 · age 40
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

Similar companies

Active · Professional services · EC postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AEONX LIMITED
11633482 · est 2018 · no financials extracted
7y
AEP PRECISION SOLUTIONS CO LTD
16295765 · est 2025 · no financials extracted
1y
AER BEATHA LIMITED
09594570 · est 2015 · no financials extracted
10y
AERCAP MATERIALS UK
03082138 · est 1995 · no financials extracted
30y
AERLUX LTD
13930065 · est 2022 · no financials extracted
4y
AEROBRITANNIA LTD
15048331 · est 2023 · no financials extracted
2y
AEROFAB LTD
16280099 · est 2025 · no financials extracted
1y
AEROMESA LTD
16080194 · est 2024 · no financials extracted
1y
AEROPERCEPT LTD
16764940 · est 2025 · no financials extracted
AEROSPACE FINANCE 6816 UK LIMITED
09812041 · est 2015 · no financials extracted
10y
AEROSPACE FINANCE 6818 UK LIMITED
09819666 · est 2015 · no financials extracted
10y
AEROTEQUE LTD
11357887 · est 2018 · no financials extracted
7y
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
Incorporated2015-03-03
Jurisdictionengland-wales
Primary SIC78109 — Other activities of employment placement agencies

Registered office

86-90 Paul Street
London
EC2A 4NE
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03

Officers (2 active · 0 resigned)

LIU, Enquan
secretary · appointed 2015-03-03
View their other companies + combined net worth →
Active
LIU, Enquan
director · ~40y · appointed 2015-03-03
View their other companies + combined net worth →
Active

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
TypeProperties
outstanding
Ultimate Invoice Finance
Ultimate Invoice Finance Limited
A registered charge8 properties09/07/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-28
change-person-director-company-with-change-date
officers · CH01
2024-03-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-31
change-person-secretary-company-with-change-date
officers · CH03
2023-03-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-02
change-person-director-company-with-change-date
officers · CH01
2021-08-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-24