EKG LTD

💤Zombieactive
10458620 · ltd · incorporated 2016-11-02
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
£29.9k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
Special-situation opportunity
Distressed energy with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 55/100. 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).

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £29,863

Key financials

2 years extracted from filed iXBRL accounts
Cash
£733
Net Worth
£30k
Current Assets
£77k
Current Liabilities
£0£15k£31k£46k£62k£77kMay 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
Total assets£30.2k
Current assets£76.9k
Cash£733
Debtors£76.2k
Net assets£29.9k

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
2
filings
  • 2 address
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-02-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-02-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-11-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-10-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-04-22
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  9. 2023-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-04-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-05-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2022-05-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-05-05
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  16. 2022-04-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2020-09-29
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2020-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-05-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2020-05-29
    BUSH, Lewis George resigned
    director
  21. 2019-11-20
    BUSH, Lewis George appointed
    director
  22. 2017-10-30
    BENSUSAN, Adam John resigned
    director
  23. 2017-08-06
    BURGESS, Gary Paul resigned
    director
  24. 2016-11-02
    🏢
    Company incorporated
    As EKG LTD
  25. 2016-11-02
    BUSH, Lee Frazer appointed
    director
  26. 2016-11-02
    BENSUSAN, Adam John appointed
    director
  27. 2016-11-02
    BURGESS, Gary Paul 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

1 high · 1 low
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: 2026-05-31

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
NameSharesVoting rightsNature of controlNotified
Mr Lee Frazer Bush
Individual · British · DOB 05/1981 · age 45
25–50%board control25-50% voting · board control · trust interest · firm interest02/11/2016
3 historic (ceased) PSCs
  • Mr Lewis George Bushceased 29/05/2020· 25-50% shares · 25-50% voting
  • Mr Gary Paul Burgessceased 16/11/2017· 25-50% voting · board control · trust interest · firm interest
  • Mr Adam John Bensusanceased 01/09/2017· 25-50% voting · board control · trust interest · 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 →

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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 →
🔒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
Incorporated2016-11-02
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000

Registered office

Hatton Estate Number 2 The Coach House
Hatton
Warwick
Warwickshire
CV35 7LD
England

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-10-12
Last: 2025-09-28

Officers (1 active · 3 resigned)

BUSH, Lee Frazer
director · ~45y · appointed 2016-11-02
View their other companies + combined net worth →
Active
BENSUSAN, Adam John
director · ~44y · appointed 2016-11-02 · resigned 2017-10-30
Resigned
BURGESS, Gary Paul
director · ~67y · appointed 2016-11-02 · resigned 2017-08-06
Resigned
BUSH, Lewis George
director · ~41y · appointed 2019-11-20 · resigned 2020-05-29
Resigned

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

Recent filings (61 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-16
change-person-director-company-with-change-date
officers · CH01
2023-11-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-16
change-person-director-company-with-change-date
officers · CH01
2023-10-10
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2023-04-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-12