3RDTHOUGHT CIC
💤Zombieactive
10883204 · ltd · incorporated 2017-07-25
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.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
- · Lifecycle stage: distressed → zombie
- · Investment thesis: distressed_attractive → zombie_hold
- · Hygiene score: 50 → 90
- · Bankability: 55 → 75
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "zombie"
What changed my view
Last 30 days
Picture improved over the last 30 days — 4 positive signals vs 1 negative.
- ↓Lifecycle stage: distressed → zombie
- ·Investment thesis: distressed_attractive → zombie_hold
- ↑Opportunity score: 66 → 76
- ↑Hygiene score: 50 → 90
- ↑Bankability: 55 → 75
- +1 more
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£-5.5k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 67). 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 (78/100)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
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
Network not yet resolved
30
Filing history
23 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 · FRS 102Negative net assets
Liabilities exceed assets by £5,518
Cash YoY
-9%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
↓ 8.8% YoY
Net Worth
-£6k
↓ 14% YoY
Current Assets
£2k
↓ 8.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £-5.5k | £-4.9k |
| Current assets | £1.9k | £2.1k |
| Cash | £1.9k | £2.1k |
| Net assets | £-5.5k | £-4.9k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2026-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-30📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2024-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-05📄resolutionresolution · RESOLUTIONS
- 2017-09-05✏️change-of-name-community-interest-companychange-of-name · CICCON
- 2017-09-05✏️change-of-name-noticechange-of-name · CONNOT
- 2017-07-25🏢Company incorporatedAs 3RDTHOUGHT CIC
- 2017-07-25➕WEBSTER, Maxine appointeddirector
- 2017-07-25📄incorporation-companyincorporation · NEWINC
Owner dependency
95/100
Critical — business is the founderThe 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 67 — succession pressure is live.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Maxine Webster Individual · British · DOB 02/1959 · age 67 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 25/07/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| A & G TRAVEL GROUP LIMITED→ 10998113 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A-LIST STUDIO LIMITED→ 16021545 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACTIVE SPORTS FC LIMITED→ 15860781 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AFROCHIC LIMITED→ 13720270 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AGENCE DE VOYAGE EASYFLY LTD→ 17063181 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AHA ENTERTAINMENT LTD→ 17101988 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AHMED TRAVELS LIMITED→ 12051914 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AHMED'S VENTURE LTD→ 12979245 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AINSWORTH COMMUNITY TABLE TENNIS CLUB COMMUNITY INTEREST COMPANY→ 16642248 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIR TRIPS LTD→ 12292919 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AIRE PILATES LIMITED→ 17120225 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AIREDECOR LTD→ 16224830 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2017-07-25
Jurisdictionengland-wales
Primary SIC90030 — Artistic creation
Registered office
Riverside Building Unit 32 Riverside Building
Trinity Buoy Wharf, 64 Orchard Place
London
E14 0JW
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31
Officers (1 active · 0 resigned)
WEBSTER, Maxine→
Activedirector · ~67y · appointed 2017-07-25
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (23 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-04
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2024-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-09