10 THE BROADWAY FREEHOLD MANAGEMENT LIMITED

💤Zombieactive
09890842 · ltd · incorporated 2015-11-26
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 Nov 2024
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (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: share sale to pe / searcher (58/100).

Data confidence

Overall: high (81/100)

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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Average employees100100

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

🔒Filing-note intelligence

3 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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2023-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-02-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-02-17
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2023-02-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-02-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-02-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2022-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-11-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-08-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2020-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-12-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2015-11-26
    🏢
    Company incorporated
    As 10 THE BROADWAY FREEHOLD MANAGEMENT LIMITED
  18. 2015-11-26
    CONNOLLY, Ronan appointed
    secretary
  19. 2015-11-26
    SUMMERS, Paul Edward 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 10 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.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Neon City Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Pma Properties Limited
Corporate parent · holds 25-50% shares
significant stake
10 THE BROADWAY FREEHOLD MANAGEMENT LIMITED
This company · 09890842

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Neon City Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting23/02/2017
Pma Properties Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting22/02/2017
2 historic (ceased) PSCs
  • Mr Ronan Thomas Connollyceased 22/02/2017· 25-50% shares · 25-50% voting · board control
  • Mr Paul Edward Summersceased 22/02/2017· 25-50% shares · 25-50% voting · board control

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

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
Incorporated2015-11-26
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

62 Salisbury Road
Walmer
Deal
Kent
CT14 7QJ
England

Filing status

Accounts
Next due: 2026-08-28
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-09
Last: 2025-11-25

Officers (2 active · 0 resigned)

CONNOLLY, Ronan
secretary · appointed 2015-11-26
View their other companies + combined net worth →
Active
SUMMERS, Paul Edward
director · ~51y · appointed 2015-11-26
View their other companies + combined net worth →
Active

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

Recent filings (34 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-18
accounts-with-accounts-type-dormant
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-17
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
gazette-filings-brought-up-to-date
gazette · DISS40
2023-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-17
change-person-secretary-company-with-change-date
officers · CH03
2023-02-17
change-person-director-company-with-change-date
officers · CH01
2023-02-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-17
gazette-notice-compulsory
gazette · GAZ1
2023-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-01