BASKETDROP LTD.

💤Zombieactive
11396648 · ltd · incorporated 2018-06-04
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
£14.65M
book net assets
Opportunity
69/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 26110
Sector: Manufacturing
ALSO REGISTERED FOR
  • 26200SIC 26200
  • 56290Other food services
  • 72190Other research and experimental development on natural sciences and engineering
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (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 (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 6 total, 6 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
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
74
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 £14,654,312

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£15m
~ YoY
Current Assets
£4.5m
~ YoY
Current Liabilities
£0£2.9m£5.9m£8.8m£12m£15mJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£14.68M£14.68M
Current assets£4.47M£4.47M
Cash£2.7k
Debtors£65.7k
Net assets£14.65M£14.65M

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

Recent activity

Last 30 days
4
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Last 90 days
5
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Last 180 days
6
filings
  • 3 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-05-28
    MAYER, Marion resigned
    director
  2. 2026-05-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-05-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-05-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2026-05-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2026-01-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-09-30
    JIANG, Yirui, Dr. resigned
    director
  8. 2025-09-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2025-08-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2025-07-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2025-07-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2025-07-21
    JIANG, Yirui, Dr. appointed
    director
  14. 2025-07-21
    MAYER, Marion appointed
    director
  15. 2025-07-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2025-07-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2025-07-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2025-07-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2025-07-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  20. 2025-07-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2025-07-02
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  22. 2025-06-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  23. 2025-05-12
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  24. 2025-05-12
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  25. 2025-05-12
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  26. 2024-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  27. 2018-06-04
    🏢
    Company incorporated
    As BASKETDROP LTD.
  28. 2018-06-04
    LUNGU, Slydon 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 med · 1 low
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: JIANG, Yirui, Dr. resigned 2025-09-30; MAYER, Marion resigned 2026-05-28

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Slydon Lungu
Individual · British · DOB 04/1989 · age 37
75100%
75-100% shares04/06/2018
Mr Bongani Muchemwa
Individual · British · DOB 02/1988 · age 38
board controlboard control22/07/2025
4 historic (ceased) PSCs
  • Ms Marion Mayerceased 28/05/2026· 25-50% shares
  • Dr. Yirui Jiangceased 19/05/2026· 25-50% shares
  • Mrs Bridget Lunguceased 22/07/2025· significant influence
  • Mr Hamududu Oscar Simooyaceased 16/06/2022· significant influence

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 · Manufacturing · ME postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A & D INSULATIONS LIMITED
03402489 · est 1997 · no financials extracted
28y
ABLE INDUSTRIAL GROUP LIMITED
16536939 · est 2025 · no financials extracted
ACT UNIVERSAL LTD
04337741 · est 2001 · no financials extracted
24y
ADAM, ROUILLY LIMITED
01035492 · est 1971 · no financials extracted
54y
AEGIS OF ATHENA LTD
13810242 · est 2021 · no financials extracted
4y
AGAPE CARPENTRY LTD
15568123 · est 2024 · no financials extracted
2y
AJATAR LTD
15622063 · est 2024 · no financials extracted
2y
AJM GROUP SOLUTIONS LIMITED
10467080 · est 2016 · no financials extracted
9y
AJM JEWELLERY LTD
15091871 · est 2023 · no financials extracted
2y
ALBINO LTD
17127159 · est 2026 · no financials extracted
ALC DRILL LIMITED
13522481 · est 2021 · no financials extracted
4y
ALIDECK LIMITED
11756488 · est 2019 · no financials extracted
7y
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
Incorporated2018-06-04
Jurisdictionengland-wales
Primary SIC26110 — SIC 26110

Registered office

19-21 Albion Place
Maidstone
ME14 5EG
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-06-18
Last: 2026-06-04

Officers (1 active · 2 resigned)

LUNGU, Slydon
director · ~37y · appointed 2018-06-04
View their other companies + combined net worth →
Active
JIANG, Yirui, Dr.
director · ~29y · appointed 2025-07-21 · resigned 2025-09-30
Resigned
MAYER, Marion
director · ~36y · appointed 2025-07-21 · resigned 2026-05-28
Resigned

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

Recent filings (52 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-04
termination-director-company-with-name-termination-date
officers · TM01
2026-05-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-25
termination-director-company-with-name-termination-date
officers · TM01
2025-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-24
change-person-director-company-with-change-date
officers · CH01
2025-08-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-07-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-22
appoint-person-director-company-with-name-date
officers · AP01
2025-07-21
appoint-person-director-company-with-name-date
officers · AP01
2025-07-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-07-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-07-21