111 STAGING LTD

💤Zombieactive
10167802 · ltd · incorporated 2016-05-06
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 May 2024
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
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 (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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-05-312023-05-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-06-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-06-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-05-20
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2025-04-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-09-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2024-09-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-06-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  9. 2024-04-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2023-08-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2023-05-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2023-05-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-05-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2022-05-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2022-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-06-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2020-07-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2019-07-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2019-07-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2019-06-01
    PANAGIOTAKI, Sofia resigned
    director
  21. 2019-05-01
    CHADJINAS, Spiros appointed
    director
  22. 2018-09-25
    KAVRAKOV, Plamen resigned
    director
  23. 2018-09-25
    PANAGIOTAKI, Sofia appointed
    director
  24. 2016-05-06
    🏢
    Company incorporated
    As 111 STAGING LTD
  25. 2016-05-06
    KAVRAKOV, Plamen appointed
    director

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: 2026-02-28

Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-09

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Sofia Panagiotaki
Individual · Greek · DOB 04/1997 · age 29
75100%
75-100% shares25/09/2018
1 historic (ceased) PSC
  • Mr Plamen Kavrakovceased 25/09/2018· 75-100% shares

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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Company details

Statusactive
Typeltd
Incorporated2016-05-06
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Blackburn Technology Management Center Challenge Way
Office R37
Blackburn
BB1 5QB
England

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-05-09OVERDUE
Last: 2025-04-25

Officers (1 active · 2 resigned)

CHADJINAS, Spiros
director · ~52y · appointed 2019-05-01
View their other companies + combined net worth →
Active
KAVRAKOV, Plamen
director · ~75y · appointed 2016-05-06 · resigned 2018-09-25
Resigned
PANAGIOTAKI, Sofia
director · ~29y · appointed 2018-09-25 · resigned 2019-06-01
Resigned

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

Recent filings (39 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-14
accounts-with-accounts-type-dormant
accounts · AA
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-12
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-05-20
gazette-notice-compulsory
gazette · GAZ1
2025-04-29
gazette-filings-brought-up-to-date
gazette · DISS40
2024-09-07
accounts-with-accounts-type-dormant
accounts · AA
2024-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-06-11
gazette-notice-compulsory
gazette · GAZ1
2024-04-30
accounts-with-accounts-type-dormant
accounts · AA
2023-08-16
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
gazette-notice-compulsory
gazette · GAZ1
2023-05-02