247 COVER LTD

💤Zombieactive
11712131 · ltd · incorporated 2018-12-05
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 Dec 2024
Net worth
£14
book net assets
Opportunity
71/100
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: Other activities of employment placement agencies
Sector: Administrative & support services
ALSO REGISTERED FOR
  • 78200Temporary employment agency activities
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (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, 2 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 (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
85
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

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£14
Current Assets
£258
Current Liabilities
£0£52£103£155£206£258Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£14
Current assets£258
Net assets£14

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-09-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-09-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-01-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2020-05-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2020-02-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2019-01-16
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2018-12-05
    🏢
    Company incorporated
    As 247 COVER LTD
  11. 2018-12-05
    ROWE, Richard appointed
    secretary
  12. 2018-12-05
    ROWE, Richard appointed
    director
  13. 2018-12-05
    📄
    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 7 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Richard Rowe
Individual · British · DOB 07/1980 · age 46
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/12/2018

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 →

Similar companies

Active · Professional services · WC postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1 ABCDONE LTD
13464624 · est 2021 · no financials extracted
4y
10QBIT LIMITED
11371543 · est 2018 · no financials extracted
7y
1206 PARTNERS LTD
13306850 · est 2021 · no financials extracted
5y
1887 COMMS LTD
16583848 · est 2025 · no financials extracted
1ST CITY VAN HIRE LIMITED
07472518 · est 2010 · no financials extracted
15y
1ST STEP CONSULTING LTD
14708821 · est 2023 · no financials extracted
3y
23 LEGAL & CONSULTING LTD
15377935 · est 2023 · no financials extracted
2y
23 WEALTH ADVISORY LIMITED
16221399 · est 2025 · no financials extracted
1y
23MILE CAPITAL LTD
16344724 · est 2025 · no financials extracted
1y
24-7 RECRUITMENT LTD
15423500 · est 2024 · no financials extracted
2y
24PV LIMITED
14884927 · est 2023 · no financials extracted
2y
2612 RECRUITMENT LIMITED
14982761 · est 2023 · no financials extracted
2y
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
Incorporated2018-12-05
Jurisdictionengland-wales
Primary SIC78109 — Other activities of employment placement agencies

Registered office

71-75 Shelton Street
London
Greater London
WC2H 9JQ
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-18
Last: 2025-12-04

Officers (2 active · 0 resigned)

ROWE, Richard
secretary · appointed 2018-12-05
View their other companies + combined net worth →
Active
ROWE, Richard
director · ~46y · appointed 2018-12-05
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-dormant
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-14
accounts-with-accounts-type-dormant
accounts · AA
2023-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-15
accounts-with-accounts-type-dormant
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-29
accounts-with-accounts-type-dormant
accounts · AA
2021-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-06
accounts-with-accounts-type-dormant
accounts · AA
2021-01-05
gazette-filings-brought-up-to-date
gazette · DISS40
2020-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-06
gazette-notice-compulsory
gazette · GAZ1
2020-02-25