111TW LTD

💤Zombieactive
09827439 · ltd · incorporated 2015-10-16
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 Jun 2025
Net worth
£106.9k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (78/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 10.2y

15/100
under pressure

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

  • · Oldest live charge is 10.2 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £106,866
Net assets shrinking
Down £201,892 YoY
Cash draining
Cash down 90% YoY
Cash YoY
-90%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£36k
↓ 90% YoY
Net Worth
£107k
↓ 65% YoY
Current Assets
£183k
↓ 63% YoY
Current Liabilities
—
£0£99k£198k£297k£396k£495kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£106.9k£319.2k
Current assets£183.3k£494.7k
Cash£36.4k£374.0k
Debtors£146.9k£120.7k
Net assets£106.9k£308.8k

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 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-08-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-08-15
    ➕
    BLACKHALL, Mark Christopher Lee appointed
    director
  5. 2025-08-15
    ➖
    BLACKHALL, Lorrie-Lee Lee resigned
    director
  6. 2025-05-01
    ➖
    BLACKHALL, Mark Christopher Lee resigned
    director
  7. 2025-05-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-11-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-10-31
    ➕
    BLACKHALL, Lorrie-Lee Lee appointed
    director
  11. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-12-18
    ➖
    MCLEAN, Allan Macdermid resigned
    director
  13. 2023-12-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2023-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-12-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2022-12-12
    🔓
    Charge satisfied #4
  17. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-07-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2021-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-04-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2021-04-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  22. 2020-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2020-02-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2019-12-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2019-12-10
    ➖
    EDLIN, Samuel Thomas resigned
    director
  26. 2018-09-01
    ➕
    EDLIN, Samuel Thomas appointed
    director
  27. 2018-08-29
    🔒
    Charge registered #4
    Lender: Oaknorth Bank PLC
  28. 2017-03-11
    🔓
    Charge satisfied #3
  29. 2017-03-11
    🔓
    Charge satisfied #2
  30. 2017-03-11
    🔓
    Charge satisfied #1
  31. 2016-05-10
    🔒
    Charge registered #3
    Lender: Aldermore Bank PLC
  32. 2016-05-10
    🔒
    Charge registered #2
    Lender: Aldermore Bank PLC
  33. 2016-03-10
    🔒
    Charge registered #1
    Lender: Nigel Anthony Brooks
  34. 2016-01-06
    ➕
    BLACKHALL, Mark Christopher Lee appointed
    director
  35. 2016-01-06
    ➖
    EDLIN, Samuel Thomas resigned
    director
  36. 2016-01-06
    ➕
    MCLEAN, Allan Macdermid appointed
    director
  37. 2015-10-16
    🏢
    Company incorporated
    As 111TW LTD
  38. 2015-10-16
    ➕
    EDLIN, Samuel Thomas appointed
    director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Mark Christopher Lee Blackhall
Individual · British · DOB 11/1960 · age 66
25–50%
25–50%25-50% shares · 25-50% voting16/08/2018
1 historic (ceased) PSC
  • Mr Samuel Thomas Edlinceased 27/09/2019· 25-50% shares · 25-50% voting

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

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
Incorporated2015-10-16
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

55 Rectory Grove
Leigh-On-Sea
Essex
SS9 2HA
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-01
Last: 2025-05-18

Officers (1 active · 5 resigned)

BLACKHALL, Mark Christopher Lee→
director · ~66y · appointed 2025-08-15
View their other companies + combined net worth →
Active
BLACKHALL, Lorrie-Lee Lee→
director · ~58y · appointed 2024-10-31 · resigned 2025-08-15
Resigned
BLACKHALL, Mark Christopher Lee→
director · ~66y · appointed 2016-01-06 · resigned 2025-05-01
Resigned
EDLIN, Samuel Thomas→
director · ~48y · appointed 2018-09-01 · resigned 2019-12-10
Resigned
EDLIN, Samuel Thomas→
director · ~48y · appointed 2015-10-16 · resigned 2016-01-06
Resigned
MCLEAN, Allan Macdermid→
director · ~72y · appointed 2016-01-06 · resigned 2023-12-18
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
OakNorth
Oaknorth Bank PLC
A registered charge1 property29/08/201812/12/2022
satisfied
Aldermore
Aldermore Bank PLC
A registered charge—10/05/201611/03/2017
satisfied
Aldermore
Aldermore Bank PLC
A registered charge1 property10/05/201611/03/2017
satisfied
Nigel Anthony Brooks
A registered charge1 property10/03/201611/03/2017

Recent filings (55 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
appoint-person-director-company-with-name-date
officers · AP01
2025-08-18
termination-director-company-with-name-termination-date
officers · TM01
2025-08-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-09
termination-director-company-with-name-termination-date
officers · TM01
2025-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
appoint-person-director-company-with-name-date
officers · AP01
2024-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
termination-director-company-with-name-termination-date
officers · TM01
2023-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-28
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-16