10110101 LIMITED

💤Zombieactive
10413919 · ltd · incorporated 2016-10-06
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 Jan 2025
Net worth
£57.7k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Support activities to performing arts
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (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 (58/100).

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
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
3 connected companies via shared directors
54
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red 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 £57,684

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
Net Worth
£58k
↑ 13% YoY
Current Assets
£106k
↓ 11% YoY
Current Liabilities
£0£24k£48k£71k£95k£119kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£69.9k£79.2k
Current assets£106.3k£119.0k
Cash£2.7k
Debtors£103.5k
Net assets£57.7k£51.0k

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 (18 events)Click to expand
  1. 2025-10-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-08-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-10-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-10-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-09-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2021-09-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-06-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2018-08-29
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  15. 2018-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-05-15
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  17. 2016-10-06
    🏢
    Company incorporated
    As 10110101 LIMITED
  18. 2016-10-06
    PEARCE, Simon Benjamin appointed
    director

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 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Simon Benjamin Pearce
Individual · British · DOB 12/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/10/2016

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

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
Incorporated2016-10-06
Jurisdictionengland-wales
Primary SIC90020 — Support activities to performing arts

Registered office

Index House
St. George's Lane
Ascot
Berkshire
SL5 7ET
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02

Officers (1 active · 0 resigned)

PEARCE, Simon Benjamin
director · ~45y · appointed 2016-10-06
View their other companies + combined net worth →
Active

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

Recent filings (28 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-09-21
change-person-director-company-with-change-date
officers · CH01
2021-09-21