121 CAPITAL LIMITED

💤Zombieactive
11335955 · ltd · incorporated 2018-04-30
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 Apr 2025
Net worth
£651.1k
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Activities of investment trusts
Sector: Financial & insurance
Investor take
Special-situation opportunity
Distressed financial-services with salvageable qualities — special-situations priority.

Opportunity 66/100 (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: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: high (80/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £651,130
Net assets shrinking
Down £3,208 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£651k
~ YoY
Current Assets
£30k
↑ 94% YoY
Current Liabilities
£0£131k£262k£393k£523k£654kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-052024-04-05
Total assets£651.1k£654.3k
Current assets£29.8k£15.3k
Net assets£651.1k£654.3k

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
3
filings
  • 1 capital
  • 1 insolvency
  • 1 resolution
Last 180 days
4
filings
  • 1 capital
  • 1 insolvency
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-02-10
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  2. 2026-02-10
    ⚠️
    legacy
    insolvency · CAP-SS
  3. 2026-02-10
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2026-01-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-01-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-04-07
    📄
    capital-allotment-shares
    capital · SH01
  7. 2024-01-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-01-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-09-02
    📄
    capital-allotment-shares
    capital · SH01
  10. 2022-01-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-01-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-01-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2019-06-10
    📄
    capital-allotment-shares
    capital · SH01
  15. 2018-04-30
    🏢
    Company incorporated
    As 121 CAPITAL LIMITED
  16. 2018-04-30
    ROUGH, Christopher John appointed
    director
  17. 2018-04-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-02-10: legacy

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Christopher Rough
Individual · British · DOB 06/1970 · age 56
75100%
75-100% shares30/04/2018

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 →

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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
Incorporated2018-04-30
Jurisdictionengland-wales
Primary SIC64301 — Activities of investment trusts

Registered office

121 Home Park Road
London
SW19 7HT
United Kingdom

Filing status

Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2026-05-13
Last: 2025-04-29

Officers (1 active · 0 resigned)

ROUGH, Christopher John
director · ~56y · appointed 2018-04-30
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

capital-statement-capital-company-with-date-currency-figure
capital · SH19
2026-02-10
legacy
insolvency · CAP-SS
2026-02-10
resolution
resolution · RESOLUTIONS
2026-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-13
capital-allotment-shares
capital · SH01
2024-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-04
capital-allotment-shares
capital · SH01
2022-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-01