53 DEGREES STAGING LTD

💤Zombieactive
11611748 · ltd · incorporated 2018-10-09
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 Oct 2024
Net worth
£-9.1k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: distressed disposal / insolvency (65/100).

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
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
8 connected companies via shared directors
69
Filing history
19 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
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £9,101
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£9k
↓ 5.2% YoY
Current Assets
Current Liabilities
-£9k-£7k-£5k-£3k-£2k£320Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£12.9k£13.2k
Current assets£320
Net assets£-9.1k£-8.7k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-12-01
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2025-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-12-30
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-09-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-01-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2021-01-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2020-09-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-10-09
    🏢
    Company incorporated
    As 53 DEGREES STAGING LTD
  13. 2018-10-09
    BUDDEN, Daniel Thomas appointed
    director
  14. 2018-10-09
    📄
    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 med ·
Name changed 2 times
medium

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

Evidence: 2025-12-01: certificate-change-of-name-company; 2024-12-30: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Daniel Thomas Budden
Individual · British · DOB 07/1998 · age 28
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/10/2018

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
Incorporated2018-10-09
Jurisdictionengland-wales
Primary SIC93199 — Other sports activities

Registered office

The Studio C/O Cheshire Accounts Services Ltd Baddiley Lane Farmhouse
Baddiley Lane
Nantwich
Cheshire
CW5 8BP
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08

Officers (1 active · 0 resigned)

BUDDEN, Daniel Thomas
director · ~28y · appointed 2018-10-09
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

certificate-change-of-name-company
change-of-name · CERTNM
2025-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
certificate-change-of-name-company
change-of-name · CERTNM
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-31
gazette-filings-brought-up-to-date
gazette · DISS40
2021-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-27