10063691 LTD

💤Zombieactive
10063691 · ltd · incorporated 2016-03-15
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
not disclosed
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. 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: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (55/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

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 (23 events)Click to expand
  1. 2019-11-20
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2019-11-20
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2019-05-14
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  4. 2019-05-14
    🏁
    Company dissolved
  5. 2019-03-09
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  6. 2019-01-29
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  7. 2019-01-22
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  8. 2019-01-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2018-02-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2018-02-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2018-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-06-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2017-06-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-06-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2016-03-18
    SALEEM, Usman appointed
    director
  16. 2016-03-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2016-03-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2016-03-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2016-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2016-03-15
    🏢
    Company incorporated
    As 10063691 LTD
  21. 2016-03-15
    KAHAN, Barbara appointed
    director
  22. 2016-03-15
    KAHAN, Barbara resigned
    director
  23. 2016-03-15
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
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.

Red flags

2 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: 2018-12-31

Confirmation statement overdue
high

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

Evidence: Next due: 2019-04-01

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Usman Saleem
Individual · British · DOB 07/1984 · age 42
75100%
75-100% shares01/01/2017

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 →
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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2016-03-15
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

23-27 King Street
Luton
LU1 2DW
England

Filing status

Accounts
Next due: 2018-12-31OVERDUE
Last made up to: 2017-03-31
Confirmation statement
Next due: 2019-04-01OVERDUE
Last: 2018-03-18

Officers (1 active · 1 resigned)

SALEEM, Usman
director · ~42y · appointed 2016-03-18
View their other companies + combined net worth →
Active
KAHAN, Barbara
director · ~95y · appointed 2016-03-15 · resigned 2016-03-15
Resigned

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

Recent filings (20 total)

restoration-order-of-court
restoration · AC92
2019-11-20
certificate-change-of-name-company
change-of-name · CERTNM
2019-11-20
gazette-dissolved-voluntary
gazette · GAZ2(A)
2019-05-14
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2019-03-09
gazette-notice-voluntary
gazette · GAZ1(A)
2019-01-29
dissolution-application-strike-off-company
dissolution · DS01
2019-01-22
change-person-director-company-with-change-date
officers · CH01
2019-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-03-19
gazette-filings-brought-up-to-date
gazette · DISS40
2018-02-14
gazette-notice-compulsory
gazette · GAZ1
2018-02-13
accounts-with-accounts-type-micro-entity
accounts · AA
2018-02-12
gazette-filings-brought-up-to-date
gazette · DISS40
2017-06-20
confirmation-statement-with-updates
confirmation-statement · CS01
2017-06-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-06-19
gazette-notice-compulsory
gazette · GAZ1
2017-06-13