102 FLEET ROAD MANAGEMENT LIMITED

💤Zombieactive
10583319 · ltd · incorporated 2017-01-25
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 Dec 2024
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (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 (73/100).

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-09-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-05-30
    📄
    memorandum-articles
    incorporation · MA
  4. 2024-04-25
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2024-04-22
    📄
    capital-allotment-shares
    capital · SH01
  6. 2024-04-04
    MCLEAN, Gavin Neil appointed
    director
  7. 2024-04-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-03-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-02-22
    MACEDO, Joseph Antony resigned
    director
  10. 2023-06-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2022-08-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2022-01-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2022-01-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2022-01-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2021-10-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2020-09-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2019-07-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2019-02-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2019-02-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2017-06-08
    BUSHORE, Michael Todd resigned
    director
  21. 2017-01-25
    🏢
    Company incorporated
    As 102 FLEET ROAD MANAGEMENT LIMITED
  22. 2017-01-25
    BUSHORE, Michael Todd appointed
    director
  23. 2017-01-25
    MACEDO, Joseph Antony appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Avakas Developments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Avakas Developments Limited
Corporate parent · holds 75-100% shares
ultimate parent
102 FLEET ROAD MANAGEMENT LIMITED
This company · 10583319

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
Avakas Developments Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting25/01/2021
2 historic (ceased) PSCs
  • Mr Joseph Anthony Macedoceased 25/01/2021· significant influence
  • Mr James Tylerceased 25/01/2021· significant influence

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.

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Company details

Statusactive
Typeltd
Incorporated2017-01-25
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

Unit 7 Mulberry Place
Mulberry Place, Pinnell Road
London
SE9 6AR
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-07
Last: 2026-01-24

Officers (1 active · 2 resigned)

MCLEAN, Gavin Neil
director · ~58y · appointed 2024-04-04
View their other companies + combined net worth →
Active
BUSHORE, Michael Todd
director · ~59y · appointed 2017-01-25 · resigned 2017-06-08
Resigned
MACEDO, Joseph Antony
director · ~52y · appointed 2017-01-25 · resigned 2024-02-22
Resigned

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

Recent filings (34 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-26
accounts-with-accounts-type-dormant
accounts · AA
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-24
accounts-with-accounts-type-dormant
accounts · AA
2024-09-12
memorandum-articles
incorporation · MA
2024-05-30
resolution
resolution · RESOLUTIONS
2024-04-25
capital-allotment-shares
capital · SH01
2024-04-22
appoint-person-director-company-with-name-date
officers · AP01
2024-04-04
termination-director-company-with-name-termination-date
officers · TM01
2024-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-24
accounts-with-accounts-type-dormant
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-03
accounts-with-accounts-type-dormant
accounts · AA
2022-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-26