HORNETS ENTERPRISES LIMITED

💤Zombieactive
10202063 · ltd · incorporated 2016-05-26
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
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Turnover
year to Feb 2026
Net worth
£3.0k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Activities of real estate investment trusts
Sector: Financial & insurance
Investor take
Special-situation opportunity
Distressed financial-services with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 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
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,001

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£3k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-02-28
Total assets£3.0k
Net assets£3.0k

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 dissolution
Last 90 days
4
filings
  • 2 dissolution
  • 1 gazette
  • 1 accounts
Last 180 days
6
filings
  • 3 accounts
  • 2 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-06-22
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  2. 2026-05-26
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  3. 2026-05-19
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  4. 2026-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2026-03-16
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2026-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2025-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-01-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-11-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-05-26
    🏢
    Company incorporated
    As HORNETS ENTERPRISES LIMITED
  16. 2016-05-26
    PHIPPS, Angela appointed
    director
  17. 2016-05-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-06-06

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Angela Phipps
Individual · British · DOB 09/1969 · age 57
75100%
75-100% shares24/05/2017

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 →
🔒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 →
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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
Incorporated2016-05-26
Jurisdictionengland-wales
Primary SIC64306 — Activities of real estate investment trusts

Registered office

12 West Street
Ware
Hertfordshire
SG12 9EE
England

Filing status

Accounts
Next due: 2027-11-30
Last made up to: 2026-02-28
Confirmation statement
Next due: 2026-06-06OVERDUE
Last: 2025-05-23

Officers (1 active · 0 resigned)

PHIPPS, Angela
director · ~57y · appointed 2016-05-26
View their other companies + combined net worth →
Active

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

Recent filings (24 total)

dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2026-06-22
gazette-notice-voluntary
gazette · GAZ1(A)
2026-05-26
dissolution-application-strike-off-company
dissolution · DS01
2026-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-19
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-24