41-45 NORTH ROAD LTD

💤Zombieactive
11128685 · ltd · incorporated 2018-01-02
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 2025
Net worth
£-76.5k
book net assets
Opportunity
65/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 65/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 8.3y

45/100
under pressure

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

  • · Oldest live charge is 8.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £76,500

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£77k
~ YoY
Current Assets
£2k
~ YoY
Current Liabilities
-£77k-£61k-£45k-£29k-£14k£2kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£103.9k£104.0k
Current assets£2.0k£2.0k
Net assets£-76.5k£-76.2k

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
1
filing
  • 1 dissolution
Last 90 days
2
filings
  • 1 dissolution
  • 1 gazette
Last 180 days
2
filings
  • 1 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-04-22
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2026-04-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-06-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2025-03-29
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  6. 2025-03-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2024-10-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-05-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  10. 2024-04-23
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2023-12-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2023-11-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2023-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2023-04-05
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  15. 2023-04-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2022-11-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2022-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2022-08-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2022-08-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2022-08-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2022-08-10
    MISTER, Zubeir Yakub appointed
    director
  22. 2022-08-10
    MISTER, Frances resigned
    director
  23. 2022-08-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2021-04-01
    MISTER, Yakub resigned
    director
  25. 2019-05-01
    MISTER, Frances appointed
    director
  26. 2018-02-05
    🔒
    Charge registered #1
    Lender: Z - Capital Limited
  27. 2018-01-02
    🏢
    Company incorporated
    As 41-45 NORTH ROAD LTD
  28. 2018-01-02
    MISTER, Yakub 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 ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-01-15

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Zubeir Yakub Mister
Individual · British · DOB 04/1976 · age 50
sig. influencesignificant influence10/08/2022
2 historic (ceased) PSCs
  • Mrs Frances Misterceased 10/08/2022· significant influence
  • Mr Yakub Misterceased 01/04/2021· 75-100% shares

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

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
Incorporated2018-01-02
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Empire Suite
108 St Leonard Gate
Lancaster
LA1 1NN
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-01-15OVERDUE
Last: 2025-01-01

Officers (1 active · 2 resigned)

MISTER, Zubeir Yakub
director · ~50y · appointed 2022-08-10
View their other companies + combined net worth →
Active
MISTER, Frances
director · ~41y · appointed 2019-05-01 · resigned 2022-08-10
Resigned
MISTER, Yakub
director · ~78y · appointed 2018-01-02 · resigned 2021-04-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Z - Capital
Z - Capital Limited
A registered charge1 property05/02/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (39 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-04-22
gazette-notice-compulsory
gazette · GAZ1
2026-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-03-29
gazette-notice-compulsory
gazette · GAZ1
2025-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-05
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-05-14
gazette-notice-compulsory
gazette · GAZ1
2024-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-20