SIGERA LIMITED

💤Zombieactive
09989948 · ltd · incorporated 2016-02-05
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
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Turnover
year to Feb 2025
Net worth
£26.3k
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

8 live charges · 6 lenders · oldest 9.5y

15/100
under pressure

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

  • · Oldest live charge is 9.5 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
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
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
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 £26,279
Cash draining
Cash down 98% YoY
Cash YoY
-98%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£482
↓ 98% YoY
Net Worth
£26k
↑ 327% YoY
Current Assets
£50k
↓ 21% YoY
Current Liabilities
£0£13k£25k£38k£51k£63kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Total assets£1.11M£1.07M
Current assets£50.3k£63.4k
Cash£482£20.2k
Debtors£27.4k£20.8k
Net assets£26.3k£6.1k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-03-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-05-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-04-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-04-23
    🔒
    Charge registered #8
    Lender: Landbay Partners Limited
  5. 2024-01-23
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-01-23
    📄
    memorandum-articles
    incorporation · MA
  7. 2023-10-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2022-10-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-11-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2020-09-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2020-01-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2019-10-18
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2019-01-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2019-01-02
    🔒
    Charge registered #7
    Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
  15. 2018-12-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2018-12-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2018-12-20
    🔓
    Charge satisfied #3
  18. 2018-12-20
    🔓
    Charge satisfied #2
  19. 2018-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-07-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2018-07-04
    🔒
    Charge registered #6
    Lender: Shawbrook Bank Limited
  22. 2018-06-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2018-05-01
    🔒
    Charge registered #5
    Lender: Onesavings Bank PLC
  24. 2017-09-22
    🔒
    Charge registered #4
    Lender: Onesavings Bank PLC
  25. 2017-01-20
    🔒
    Charge registered #3
    Lender: Auction Finance LTD
  26. 2017-01-20
    🔒
    Charge registered #2
    Lender: Auction Finance LTD
  27. 2016-12-09
    🔒
    Charge registered #1
    Lender: Onesavings Bank PLC T/a Kent Reliance Banking Services
  28. 2016-02-05
    🏢
    Company incorporated
    As SIGERA LIMITED
  29. 2016-02-05
    HALL, Richard Bjorn 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

1 med · 1 low
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.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Bjorn Richard Hall
Individual · British · DOB 10/1974 · age 52
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

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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
Incorporated2016-02-05
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

925 Finchley Road
London
NW11 7PE
United Kingdom

Filing status

Accounts
Next due: 2026-11-26
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-06-26
Last: 2025-06-12

Officers (1 active · 0 resigned)

HALL, Richard Bjorn
director · ~52y · appointed 2016-02-05
View their other companies + combined net worth →
Active

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

Mortgages & charges

8
Total charges
6
Outstanding
5
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Landbay
Landbay Partners Limited
A registered charge1 property23/04/2024
outstanding
Precise Mortgages
Charter Court Financial Services Limited Trading as Precise Mortgages
A registered charge1 property02/01/2019
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property04/07/2018
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property01/05/2018
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property22/09/2017
satisfied
Auction Finance
Auction Finance LTD
A registered charge1 property20/01/201720/12/2018
satisfied
Auction Finance
Auction Finance LTD
A registered charge1 property20/01/201720/12/2018
outstanding
Kent Reliance / OSB
Onesavings Bank PLC T/a Kent Reliance Banking Services
A registered charge1 property09/12/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (36 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-24
resolution
resolution · RESOLUTIONS
2024-01-23
memorandum-articles
incorporation · MA
2024-01-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-09-10
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-28