ABSOLUTEZERO SOFTWARE DEVELOPMENT LIMITED

💤Zombieactive
11459053 · ltd · incorporated 2018-07-11
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 Dec 2025
Net worth
£100
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
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: strategic trade sale (65/100).

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, 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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 · FRS 105 (micro)
Positive net assets
Net assets £100

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£100
~ YoY
Current Assets
£100
~ YoY
Current Liabilities
£0£20£40£60£80£100Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-12-312024-12-31
Total assets£100£100
Current assets£100£100
Net assets£100£100

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-01-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-04-30
    CHADWICK, David resigned
    director
  4. 2025-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-08-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-08-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-03-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-03-08
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2021-03-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2021-02-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-03-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2018-07-11
    🏢
    Company incorporated
    As ABSOLUTEZERO SOFTWARE DEVELOPMENT LIMITED
  14. 2018-07-11
    LEES, Phil appointed
    director
  15. 2018-07-11
    CHADWICK, David appointed
    director
  16. 2018-07-11
    📄
    incorporation-company
    incorporation · NEWINC

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David Chadwick
Individual · British · DOB 08/1973 · age 53
2550%
25–50%25-50% shares · 25-50% voting11/07/2018
Mr Phil Lees
Individual · British · DOB 02/1972 · age 54
2550%
25–50%25-50% shares · 25-50% voting11/07/2018

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

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
Incorporated2018-07-11
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

4th Floor Marshalls Mill
Marshall Street
Leeds
West Yorkshire
LS11 9YJ
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-07-24
Last: 2025-07-10

Officers (1 active · 1 resigned)

LEES, Phil
director · ~54y · appointed 2018-07-11
View their other companies + combined net worth →
Active
CHADWICK, David
director · ~53y · appointed 2018-07-11 · resigned 2025-04-30
Resigned

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

Recent filings (19 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-15
termination-director-company-with-name-termination-date
officers · TM01
2025-07-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-08
accounts-with-accounts-type-dormant
accounts · AA
2023-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-11
accounts-with-accounts-type-dormant
accounts · AA
2022-08-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-22
accounts-with-accounts-type-dormant
accounts · AA
2021-03-17
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-03-08
accounts-with-accounts-type-dormant
accounts · AA
2021-03-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-02-23