121 ANGELS LIMITED

🚨Distressedactive
10959634 · ltd · incorporated 2017-09-13
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Sept 2023
Net worth
£-16.3k
book net assets
Opportunity
58/100
Worth a look
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What this business does
Primary activity: Hospital activities
Sector: Human health & social work
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 45/100. 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: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
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 £16,301
Net assets shrinking
Down £23,464 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£16k
↓ 328% YoY
Current Assets
£3k
↓ 80% YoY
Current Liabilities
-£16k-£10k-£4k£1k£7k£13kSept 2022Sept 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-09-302022-09-30
Total assets£2.7k£13.3k
Current assets£2.7k£13.3k
Net assets£-16.3k£7.2k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2024-12-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2024-12-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-06-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-04-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-06-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2017-09-13
    🏢
    Company incorporated
    As 121 ANGELS LIMITED
  10. 2017-09-13
    CHISANGO, Lizzie appointed
    secretary
  11. 2017-09-13
    CHISANGO, Lizzie appointed
    director
  12. 2017-09-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 65 — 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 signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. 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

2 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: 2025-06-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-12-30

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Lizzie Chisango
Individual · British · DOB 03/1961 · age 65
sig. influencesignificant influence13/09/2017

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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
Incorporated2017-09-13
Jurisdictionengland-wales
Primary SIC86101 — Hospital activities

Registered office

39 Scarisbrick Crescent
Liverpool
L11 7DN
England

Filing status

Accounts
Next due: 2025-06-30OVERDUE
Last made up to: 2023-09-30
Confirmation statement
Next due: 2025-12-30OVERDUE
Last: 2024-12-16

Officers (2 active · 0 resigned)

CHISANGO, Lizzie
secretary · appointed 2017-09-13
View their other companies + combined net worth →
Active
CHISANGO, Lizzie
director · ~65y · appointed 2017-09-13
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
gazette-notice-compulsory
gazette · GAZ1
2024-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-29
accounts-with-accounts-type-dormant
accounts · AA
2019-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-09-26