123 SLEEP LTD

🌳Matureactive
09996647 · ltd · incorporated 2016-02-09
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£8.9k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Manufacture of other furniture
Sector: Manufacturing
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 70/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -87% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £8,914
Cash draining
Cash down 87% YoY
Cash YoY
-87%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↓ 87% YoY
Net Worth
£9k
↑ 59% YoY
Current Assets
£2k
↓ 81% YoY
Current Liabilities
£0£2k£4k£6k£8k£9kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£8.9k£5.6k
Current assets£1.8k£9.4k
Cash£1.2k£9.4k
Debtors£548£27
Net assets£8.9k£5.6k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-02-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2018-02-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2017-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-03-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2016-02-09
    🏢
    Company incorporated
    As 123 SLEEP LTD
  14. 2016-02-09
    FAHEY, Jonathan Stuart appointed
    director
  15. 2016-02-09
    FAHEY, Tracey Jane appointed
    director
  16. 2016-02-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

79/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-22

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Jonathan Stuart Fahey
Individual · British · DOB 04/1964 · age 62
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2017
Mrs Tracey Jane Fahey
Individual · British · DOB 02/1967 · age 59
2550%
25–50%board control25-50% shares · 25-50% voting · board control14/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2016-02-09
Jurisdictionengland-wales
Primary SIC31090 — Manufacture of other furniture

Registered office

6, Peterfoot Way
Carlton
Barnsley
South Yorkshire
S71 3FE
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-02-22OVERDUE
Last: 2025-02-08

Officers (2 active · 0 resigned)

FAHEY, Jonathan Stuart
director · ~62y · appointed 2016-02-09
View their other companies + combined net worth →
Active
FAHEY, Tracey Jane
director · ~59y · appointed 2016-02-09
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-22