000 LTD

🚨Distressedactive
10023617 · ltd · incorporated 2016-02-24
Investment thesis
Distressed but structurally messy — likely a value trap without major surgery.
Why interesting: Headline may look cheap; sector may be recovering.
Why risky: Critical deal-killers in ownership or security; closing cost and post-deal clean-up likely to dominate.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2022
Net worth
£-11.5k
book net assets
Opportunity
49/100
Watch
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
ALSO REGISTERED FOR
  • 43390Other building completion and finishing
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 49/100 (watch), bankability 45/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

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, 2 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
1 officers (0 active, 1 linked, 1 with DOB)
90
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
49/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
31
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £11,483

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£11k
↓ 11% YoY
Current Assets
£12k
↓ 27% YoY
Current Liabilities
-£11k-£6k-£217£5k£11k£17kFeb 2021Feb 2022

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2022-02-282021-02-28
Total assets£12.4k£14.7k
Current assets£12.3k£16.7k
Net assets£-11.5k£-10.3k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2024-05-31
    MEGHANI, Hitesh resigned
    director
  2. 2024-05-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2024-05-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-03-16
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2024-03-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-01-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-01-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-04-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-02-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-02-17
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  14. 2020-01-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2019-11-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  16. 2018-11-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-01-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2016-02-24
    🏢
    Company incorporated
    As 000 LTD
  19. 2016-02-24
    MEGHANI, Hitesh appointed
    director
  20. 2016-02-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

3 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2023-11-27

Confirmation statement overdue
high

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

Evidence: Next due: 2024-01-17

No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2016-02-24
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

C J House,99a
Cobbold Road
London
NW10 9SL
England

Filing status

Accounts
Next due: 2023-11-27OVERDUE
Last made up to: 2022-02-28
Confirmation statement
Next due: 2024-01-17OVERDUE
Last: 2023-01-03

Officers (0 active · 1 resigned)

MEGHANI, Hitesh
director · ~47y · appointed 2016-02-24 · resigned 2024-05-31
Resigned

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

Recent filings (24 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-31
termination-director-company-with-name-termination-date
officers · TM01
2024-05-31
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-03-16
gazette-notice-compulsory
gazette · GAZ1
2024-03-05
change-person-director-company-with-change-date
officers · CH01
2024-01-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-18
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-25
change-person-director-company-with-change-date
officers · CH01
2020-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-19
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2020-02-17