ADVENUE LIMITED

💤Zombieactive
10909823 · ltd · incorporated 2017-08-10
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 2024
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Other software publishing
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 65/100. 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: strategic trade sale (40/100).

🏦

Refinance opportunity

1 live charge · oldest 7.8y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
67
Some moderate concerns — review flags.
Signal strength
100
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£0Jan 2023Jan 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-01-312023-01-31
Average employees0-100

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-01-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-12-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-04-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-04-01
    SMARTYADS LLP resigned
    corporate-director
  5. 2024-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-01-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2024-01-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  9. 2024-01-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2023-09-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-05-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2022-05-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-04-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  15. 2022-04-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2021-02-03
    SMARTYADS LLP appointed
    corporate-director
  17. 2021-02-03
    📄
    appoint-corporate-director-company-with-name-date
    officers · AP02
  18. 2021-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2020-09-29
    SMARTYADS LLP resigned
    corporate-director
  20. 2020-09-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2020-09-29
    🔓
    Charge satisfied #1
  22. 2018-08-29
    🔒
    Charge registered #1
    Lender: Fastpay Roundabout Limited
  23. 2017-09-27
    SMARTYADS LLP appointed
    corporate-director
  24. 2017-08-10
    🏢
    Company incorporated
    As ADVENUE LIMITED
  25. 2017-08-10
    FRANCIS, Damon Lee 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 ·
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: 2025-10-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Damon Lee Francis
Individual · British · DOB 06/1970 · age 56
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/08/2017

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
Incorporated2017-08-10
Jurisdictionengland-wales
Primary SIC58290 — Other software publishing

Registered office

61 Bridge Street Bridge Street
Kington
HR5 3DJ
England

Filing status

Accounts
Next due: 2025-10-31OVERDUE
Last made up to: 2024-01-31
Confirmation statement
Next due: 2027-04-25
Last: 2026-04-11

Officers (1 active · 2 resigned)

FRANCIS, Damon Lee
director · ~56y · appointed 2017-08-10
View their other companies + combined net worth →
Active
SMARTYADS LLP
corporate-director · appointed 2021-02-03 · resigned 2025-04-01
Resigned
SMARTYADS LLP
corporate-director · appointed 2017-09-27 · resigned 2020-09-29
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Fastpay Roundabout
Fastpay Roundabout Limited
A registered charge1 property29/08/201829/09/2020

Recent filings (37 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-11
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-07
gazette-notice-compulsory
gazette · GAZ1
2025-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-11
termination-director-company-with-name-termination-date
officers · TM01
2025-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-06
gazette-filings-brought-up-to-date
gazette · DISS40
2024-01-20
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-01-11
gazette-notice-compulsory
gazette · GAZ1
2024-01-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-27