AUDARE LTD

💤Zombieactive

11412944 · ltd · incorporated 2018-06-13

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 Jun 2025

Net worth

—

book net assets

Opportunity

74/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Agents involved in the sale of a variety of goods

Sector: Wholesale & retail

ALSO REGISTERED FOR

47710Retail sale of clothing in specialised stores
47910Retail sale via mail order houses or via Internet

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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 (73/100).

Data confidence

Overall: medium (71/100)

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

Company profile

address, 3 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (1 active, 3 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

28 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-06-23

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

Recent activity

Last 30 days

filing

• 1 confirmation-statement

Last 90 days

filings

• 1 confirmation-statement
• 1 accounts

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2026-03-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-08-26
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2025-05-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-11-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-27
➖
DRAKE, Julia resigned
director
2023-06-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-06-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-27
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-26
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-06-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-06-26
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2019-01-22
➖
DRAKE, Christopher resigned
secretary
2018-06-13
🏢
Company incorporated
As AUDARE LTD
2018-06-13
➕
DRAKE, Julia Mary appointed
director
2018-06-13
➕
DRAKE, Christopher appointed
secretary
2018-06-13
➕
DRAKE, Julia appointed
director

Owner dependency

83/100

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 60 — approaching natural succession window.

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 60. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·

Name changed recently

medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-08-26: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mrs Julia Mary Drake Individual · British · DOB 01/1966 · age 60	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	04/02/2019

1 historic (ceased) PSC

Mrs Julia Drakeceased 27/06/2023· 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.

🔒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 · Wholesale & distribution · BA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A P TECHNOLOGIES LIMITED→ 04348203 · est 2002 · no financials extracted	—	—	—	—	24y	—	—
ABPAC LIMITED→ 01651229 · est 1982 · no financials extracted	—	—	—	—	43y	—	—
ACACIA ENERGY GROUP LTD.→ 10767397 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
AFEARD LTD→ 15956993 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ALL DOGS HAVE DREAMS LTD→ 16425104 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ALLUM LIMITED→ 02617922 · est 1991 · no financials extracted	—	—	—	—	34y	—	—
AMINOH PEPTIDES LTD→ 17020404 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ARHAM WEAR LTD→ 15405552 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ARMS-TEC LTD→ 16338430 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ARTISAN FOOD CLUB ONLINE LIMITED→ 14311486 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ATLAS INTERIORS LIMITED→ 06910215 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
AVALON ELASTOMERS LIMITED→ 08254286 · est 2012 · no financials extracted	—	—	—	—	13y	—	—

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

Incorporated2018-06-13

Jurisdictionengland-wales

Primary SIC46190 — Agents involved in the sale of a variety of goods

Registered office

52 Pine Walk

North Bradley

Trowbridge

BA14 0SP

England

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-23

Confirmation statement

Next due: 2027-06-08

Last: 2026-05-25

Officers (1 active · 2 resigned)

DRAKE, Julia Mary→

director · ~60y · appointed 2018-06-13

View their other companies + combined net worth →

Active

DRAKE, Christopher→

secretary · appointed 2018-06-13 · resigned 2019-01-22

Resigned

DRAKE, Julia→

director · ~61y · appointed 2018-06-13 · resigned 2023-06-27

Resigned

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

Recent filings (28 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-05-30

accounts-with-accounts-type-dormant

accounts · AA

2026-03-28

certificate-change-of-name-company

change-of-name · CERTNM

2025-08-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-05-25

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-05-25

accounts-with-accounts-type-dormant

accounts · AA

2025-03-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-06-11

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-11-09

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-09-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-06-27

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2023-06-27

appoint-person-director-company-with-name-date

officers · AP01

2023-06-27

termination-director-company-with-name-termination-date

officers · TM01

2023-06-27

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2023-06-27

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-09-12