ANALOG RFIC LTD

💤Zombieactive
11191306 · ltd · incorporated 2018-02-06
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
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Turnover
year to Feb 2024
Net worth
£84.8k
book net assets
Opportunity
58/100
Worth a look
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What this business does
Primary activity: Engineering design activities for industrial process and production
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed professional-services with salvageable qualities — special-situations priority.

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: share sale to pe / searcher (53/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (69/100)

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
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
18 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
Positive net assets
Net assets £84,827

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£85k
~ YoY
Current Assets
£93k
~ YoY
Current Liabilities
£0£19k£37k£56k£74k£93kFeb 2023Feb 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-02-282023-02-28
Total assets£84.8k£84.8k
Current assets£92.8k£92.8k
Net assets£84.8k£84.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-05-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-07-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-07-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-05-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-12-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-02-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-11-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-02-06
    🏢
    Company incorporated
    As ANALOG RFIC LTD
  12. 2018-02-06
    LOGAN, Nandi, Dr appointed
    director
  13. 2018-02-06
    📄
    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 58 — approaching natural succession window.
  • +No director turnover: Company is 8 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 58. Early succession window.
  • 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: 2026-02-28

Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-19

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2018-02-06
Jurisdictionengland-wales
Primary SIC71121 — Engineering design activities for industrial process and production

Registered office

26 Cheltenham Place
Halifax
West Yorkshire
HX3 0AW
England

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-02-28
Confirmation statement
Next due: 2026-02-19OVERDUE
Last: 2025-02-05

Officers (1 active · 0 resigned)

LOGAN, Nandi, Dr
director · ~58y · appointed 2018-02-06
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

gazette-notice-compulsory
gazette · GAZ1
2026-05-19
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-02
gazette-notice-compulsory
gazette · GAZ1
2025-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-17