648 GROUP LTD
💤Zombieactive
10147313 · ltd · incorporated 2016-04-26
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 Sept 2024
Net worth
£29.9k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: medium (79/100)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
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
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.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £29,873
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£30k
↑ 11% YoY
Current Assets
£34k
↓ 7.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £50.2k | £56.9k |
| Current assets | £33.7k | £36.3k |
| Net assets | £29.9k | £27.0k |
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 (26 events)Click to expand
- 2025-03-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-23➖CHUNG, Wing Sze resigneddirector
- 2022-11-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-09📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-26➕HO, Ka Wai appointeddirector
- 2022-05-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-06-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-16📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-11-04➖HO, Ka Wai resigneddirector
- 2020-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-27📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-27📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-10-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-10-03➕HO, Ka Wai appointeddirector
- 2016-09-23➖LAO, Yanling resignedsecretary
- 2016-04-26🏢Company incorporatedAs 648 GROUP LTD
- 2016-04-26➕LAO, Yanling appointedsecretary
- 2016-04-26➕CHUNG, Wing Sze appointeddirector
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ka Wai Ho Individual · British · DOB 04/1967 · age 59 | 75–100% | — | 75-100% shares | 12/08/2024 |
1 historic (ceased) PSC
- Ms Wing Sze Chungceased 12/08/2024· 50-75% shares · 50-75% voting · board control · significant influence · firm interest
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 →Similar companies
Active · Retail · AL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 383 COMMERCE LTD→ 15934245 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3A & R PROPERTIES LTD→ 11735550 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 50NINE HEALTH & WELL-BEING RADLETT LTD→ 12683133 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 50NINE HEALTH & WELLBEING GROUP LTD→ 11789622 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 777 GLS & VMB LIMITED→ 16364537 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A FOLD OF CHAIRS LTD→ 15120473 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A.G.O PARKER LIMITED→ 10382220 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A2Z POSTER LIMITED→ 15524976 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AADITYA TRADING LIMITED→ 16549336 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AAJHZIZ LTD→ 16619039 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AAMARA LTD→ 17007249 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AARDVARK BATHROOMS LIMITED→ 16038719 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2016-04-26
Jurisdictionengland-wales
Primary SIC47190 — Other retail sale in non-specialised stores
Registered office
6a Parkhouse Court
Hatfield
AL10 9RQ
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-27
Last: 2025-08-13
Officers (1 active · 3 resigned)
Active
LAO, Yanling→
Resignedsecretary · appointed 2016-04-26 · resigned 2016-09-23
CHUNG, Wing Sze→
Resigneddirector · ~50y · appointed 2016-04-26 · resigned 2022-11-23
HO, Ka Wai→
Resigneddirector · ~59y · appointed 2016-10-03 · resigned 2020-11-04
Click a director name to see their full track record across all companies.
Recent filings (42 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-29
termination-director-company-with-name-termination-date
officers · TM01
2022-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-28
change-person-director-company-with-change-date
officers · CH01
2022-06-09
appoint-person-director-company-with-name-date
officers · AP01
2022-05-26