CARNABY STREET LTD

💤Zombieactive
10232733 · ltd · incorporated 2016-06-15
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
year to Sept 2025
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), 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: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (75/100)

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 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

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

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-30

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 2 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-18
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  2. 2026-02-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-09-29
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  4. 2025-09-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2025-09-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-09-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2024-10-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-04-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2023-03-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-03-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2023-03-11
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  12. 2022-07-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-07-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-07-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-09-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2019-09-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2019-09-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2018-08-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2016-06-15
    🏢
    Company incorporated
    As CARNABY STREET LTD
  20. 2016-06-15
    ROSSINI, Stefano appointed
    director

Owner dependency

95/100
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 66 — succession pressure is live.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • 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: 2026-04-13

Group structure

Piccadilly Circus Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Piccadilly Circus Ltd
Corporate parent · holds 75-100% shares
ultimate parent
CARNABY STREET LTD
This company · 10232733

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Piccadilly Circus Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting · firm interest31/03/2025
2 historic (ceased) PSCs
  • Rossini Ltdceased 31/03/2025· 75-100% shares · 75-100% voting · board control
  • Stefano Rossiniceased 30/03/2023· 75-100% shares · 75-100% voting · board control

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2016-06-15
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

32-33 Cartwright Gardens
London
WC1H 9EH
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-04-13OVERDUE
Last: 2025-03-30

Officers (1 active · 0 resigned)

ROSSINI, Stefano
director · ~66y · appointed 2016-06-15
View their other companies + combined net worth →
Active

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

Recent filings (29 total)

change-account-reference-date-company-current-shortened
accounts · AA01
2026-03-18
accounts-with-accounts-type-dormant
accounts · AA
2026-02-11
change-account-reference-date-company-current-shortened
accounts · AA01
2025-09-29
accounts-with-accounts-type-dormant
accounts · AA
2025-09-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-01
accounts-with-accounts-type-dormant
accounts · AA
2024-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-16
accounts-with-accounts-type-dormant
accounts · AA
2023-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-03-30
change-account-reference-date-company-current-shortened
accounts · AA01
2023-03-11
accounts-with-accounts-type-dormant
accounts · AA
2022-07-01