38 ALBION TERRACE (SLEAFORD) LIMITED

💤Zombieactive
10084551 · ltd · incorporated 2016-03-24
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 Mar 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pursue
Asset-holding vehicle with a 73-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 73). 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 (73/100).

Data confidence

Overall: high (80/100)

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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees00

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
2
filings
  • • 1 persons-with-significant-control
  • • 1 officers
Last 180 days
2
filings
  • • 1 persons-with-significant-control
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-03-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-03-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-03-09
    ➖
    NEWMAN, Russell Mark resigned
    director
  4. 2025-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-09-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-10-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-09-21
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC05
  9. 2022-09-01
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  10. 2022-09-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-01-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-01-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2021-01-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-01-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2020-12-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2020-12-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2020-12-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2020-12-18
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  21. 2016-11-28
    ➕
    NEWMAN, Russell Mark appointed
    director
  22. 2016-03-24
    🏢
    Company incorporated
    As 38 ALBION TERRACE (SLEAFORD) LIMITED
  23. 2016-03-24
    ➕
    NEWMAN, Melvyn Keith appointed
    director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Melvyn Keith Newman
Individual · British · DOB 12/1953 · age 73
75–100%
75–100%75-100% shares · 75-100% voting18/08/2020
2 historic (ceased) PSCs
  • Mr Russell Mark Newmanceased 09/03/2026· 75-100% shares · 75-100% voting
  • Northgate Development Lincs Limitedceased 18/08/2020· 75-100% shares · 75-100% voting

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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30 SPRINGDALE ROAD LIMITED→
04548143 · est 2002 · no financials extracted
————23y——
33 NEWCASTLE DRIVE MANAGEMENT COMPANY LIMITED→
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————8y——
4 HUNTINGDON DRIVE MANAGEMENT COMPANY LIMITED→
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40 ARISTOTLE ROAD FREEHOLD COMPANY LIMITED→
08030746 · est 2012 · no financials extracted
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40 MAGDALA ROAD MANAGEMENT LIMITED→
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40/42 ROBIN HOOD LANE RESIDENTS MANAGEMENT COMPANY LIMITED→
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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
Incorporated2016-03-24
Jurisdictionengland-wales
Primary SIC98000 — Residents property management

Registered office

5 Tower View
Sleaford
NG34 7TE
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-02
Last: 2025-08-19

Officers (1 active · 1 resigned)

NEWMAN, Melvyn Keith→
director · ~73y · appointed 2016-03-24
View their other companies + combined net worth →
Active
NEWMAN, Russell Mark→
director · ~65y · appointed 2016-11-28 · resigned 2026-03-09
Resigned

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

Recent filings (42 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-13
termination-director-company-with-name-termination-date
officers · TM01
2026-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-08
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC05
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-01
change-sail-address-company-with-old-address-new-address
address · AD02
2022-09-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-22