COAST FINANCIAL LIMITED

💤Zombieactive
10759793 · ltd · incorporated 2017-05-08
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 Apr 2025
Net worth
£-16.8k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Activities of mortgage finance companies
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 65110Life insurance
  • 65120Non-life insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
24 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £16,752
Net assets shrinking
Down £53,252 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£17k
↓ 146% YoY
Current Assets
£0
↓ 100% YoY
Current Liabilities
—
-£17k-£6k£5k£15k£26k£37kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-052024-04-05
Total assets£-8.4k£36.5k
Current assets£0£36.4k
Net assets£-16.8k£36.5k

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-12-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2022-05-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-06-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-05-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2018-10-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2018-05-14
    📄
    capital-allotment-shares
    capital · SH01
  12. 2018-05-14
    📄
    capital-allotment-shares
    capital · SH01
  13. 2018-01-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-08-24
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  15. 2017-05-08
    🏢
    Company incorporated
    As COAST FINANCIAL LIMITED
  16. 2017-05-08
    ➕
    BURGESS, Martyn appointed
    secretary
  17. 2017-05-08
    ➕
    BURGESS, Martyn appointed
    director
  18. 2017-05-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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 62 — approaching natural succession window.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 62. 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.)

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Martyn Burgess
Individual · British · DOB 04/1964 · age 62
75–100%
75–100%75-100% shares · 75-100% voting08/05/2017
Mrs Tracy Marion Burgess
Individual · British · DOB 03/1967 · age 59
25–50%
—25-50% shares15/01/2018

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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10118057 · est 2016 · no financials extracted
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15592302 · est 2024 · no financials extracted
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08891809 · est 2014 · no financials extracted
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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 →
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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
Incorporated2017-05-08
Jurisdictionengland-wales
Primary SIC64922 — Activities of mortgage finance companies

Registered office

14 Home Park Avenue
Plymouth
PL3 4PG
England

Filing status

Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2027-05-16
Last: 2026-05-02

Officers (2 active · 0 resigned)

BURGESS, Martyn→
secretary · appointed 2017-05-08
View their other companies + combined net worth →
Active
BURGESS, Martyn→
director · ~62y · appointed 2017-05-08
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)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-14