20-20 AUDIO WORLDWIDE LTD
🏛️Establishedactive
11334958 · ltd · incorporated 2018-04-28
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£-17.8k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Sound recording and music publishing activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £17,821
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£18k
↓ 16% YoY
Current Assets
£712
↓ 71% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £-17.0k | £-14.5k |
| Current assets | £712 | £2.5k |
| Net assets | £-17.8k | £-15.3k |
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 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2025-06-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-11-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-04-28🏢Company incorporatedAs 20-20 AUDIO WORLDWIDE LTD
- 2018-04-28➕DAYA, Nadeem Azeem appointeddirector
- 2018-04-28➕HELAL, Adam Basil appointeddirector
- 2018-04-28📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 61 — 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
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nadeem Azeem Daya Individual · British · DOB 08/1983 · age 43 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 28/04/2018 |
Mr Adam Basil Helal Individual · British · DOB 04/1965 · age 61 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 28/04/2018 |
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 →Similar companies
Active · Technology · N postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 IN 3 WOMEN CIC→ 16584358 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1015 LIMITED→ 15952725 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 123DATA LTD→ 11133123 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 1510 LTD→ 13064189 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1993 LTD→ 13419313 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1A3M STUDIO LTD→ 14987520 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1LEGION TECHNOLOGIES LTD→ 15363206 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1ST24 LTD→ 15383984 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 1STEIGHTEEN LTD→ 16361306 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2 BIT SOLUTIONS LIMITED→ 05174327 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 2045 CONSULTING LTD→ 16330275 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2083 LTD→ 15423262 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2018-04-28
Jurisdictionengland-wales
Primary SIC59200 — Sound recording and music publishing activities
Registered office
Unit 6 Tileyard Road
London
N7 9AH
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-11
Last: 2026-04-27
Officers (2 active · 0 resigned)
DAYA, Nadeem Azeem→
Activedirector · ~43y · appointed 2018-04-28
View their other companies + combined net worth →
HELAL, Adam Basil→
Activedirector · ~61y · appointed 2018-04-28
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (19 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-08