10 HIGH STREET HERNE BAY LTD

💤Zombieactive
11309999 · ltd · incorporated 2018-04-16
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 Apr 2025
Net worth
£3
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

Data confidence

Overall: medium (76/100)

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
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£3
~ YoY
Current Assets
£22k
↑ 26791% YoY
Current Liabilities
£0£4k£9k£13k£17k£22kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£4.1k£3
Current assets£21.8k£81
Net assets£3£3

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 (26 events)Click to expand
  1. 2025-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-09-29
    PATEL, Hemant resigned
    secretary
  6. 2021-09-29
    PATEL, Hemant resigned
    director
  7. 2021-09-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2021-09-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-09-29
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2021-09-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2021-09-15
    SHARMAN, Simon Roger appointed
    secretary
  12. 2021-09-15
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  13. 2021-09-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2021-09-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-09-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2021-05-26
    SHARMAN, Simon Roger appointed
    director
  17. 2021-05-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-03-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2020-07-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2020-06-03
    PENNINGTON, Alan resigned
    director
  21. 2019-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2018-05-11
    PENNINGTON, Alan appointed
    director
  23. 2018-05-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2018-04-16
    🏢
    Company incorporated
    As 10 HIGH STREET HERNE BAY LTD
  25. 2018-04-16
    PATEL, Hemant appointed
    secretary
  26. 2018-04-16
    PATEL, Hemant 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Simon Roger Sharman
Individual · British · DOB 06/1970 · age 56
2550%
board control25-50% shares · board control29/09/2021
1 historic (ceased) PSC
  • Mr Hemant Patelceased 29/09/2021· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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

7 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
Incorporated2018-04-16
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

10 High Street
Herne Bay
CT6 5LH
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04

Officers (2 active · 3 resigned)

SHARMAN, Simon Roger
secretary · appointed 2021-09-15
View their other companies + combined net worth →
Active
SHARMAN, Simon Roger
director · ~56y · appointed 2021-05-26
View their other companies + combined net worth →
Active
PATEL, Hemant
secretary · appointed 2018-04-16 · resigned 2021-09-29
Resigned
PATEL, Hemant
director · ~66y · appointed 2018-04-16 · resigned 2021-09-29
Resigned
PENNINGTON, Alan
director · ~65y · appointed 2018-05-11 · resigned 2020-06-03
Resigned

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

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-04
accounts-with-accounts-type-dormant
accounts · AA
2023-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-09-29
termination-director-company-with-name-termination-date
officers · TM01
2021-09-29
termination-secretary-company-with-name-termination-date
officers · TM02
2021-09-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-15
appoint-person-secretary-company-with-name-date
officers · AP03
2021-09-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-15