1 GREY STONE LTD
💤Zombieactive
11954950 · ltd · incorporated 2019-04-18
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 Apr 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. 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).
🏦
Refinance opportunity
2 live charges · oldest 6.6y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 0 | 0 |
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 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-04-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-02📄gazette-notice-compulsorygazette · GAZ1
- 2023-09-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-19➕KULLAR, Balvir Singh appointeddirector
- 2023-09-19➖KULLAR, Manjit Kaur resigneddirector
- 2023-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-23🔒Charge registered #2Lender: Punjab National Bank (International) Limited
- 2019-09-23🔒Charge registered #1Lender: Punjab National Bank (International) Limited
- 2019-09-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-18🏢Company incorporatedAs 1 GREY STONE LTD
- 2019-04-18➕KULLAR, Manjit Kaur appointeddirector
- 2019-04-18📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Balvir Singh Kullar Individual · British · DOB 07/2002 · age 24 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 19/09/2023 |
1 historic (ceased) PSC
- Mrs Manjit Kaur Kullarceased 19/09/2023· 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 · Hospitality · LE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 10STAY PROPERTIES LTD→ 15327945 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2 BROTHERS CATERING LTD→ 15220452 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2 FOR 1 PIZZA & KEBAB LIMITED→ 11159966 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 21AMED LTD→ 15231870 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2FRY WOODGREEN LTD→ 10275108 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 2FUNKY BAR & KITCHEN LIMITED→ 11481171 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3 KILNS LTD→ 12648832 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 360PROMOHUB LIMITED→ 16544417 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4 SEASONS CATERING SERVICES LTD→ 07825453 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 4 SEASONS CHAAT HOUSE LTD→ 11439137 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 50 RUPEES LTD→ 05196461 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 51 RUBY STONE LTD→ 11951732 · 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
Incorporated2019-04-18
Jurisdictionengland-wales
Primary SIC55209 — Other holiday and other collective accommodation
Registered office
Suite 1.1, Lyn House 39 The Parade
Oadby
Leicester
LE2 5BB
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20
Officers (1 active · 1 resigned)
KULLAR, Balvir Singh→
Activedirector · ~24y · appointed 2023-09-19
View their other companies + combined net worth →
KULLAR, Manjit Kaur→
Resigneddirector · ~56y · appointed 2019-04-18 · resigned 2023-09-19
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Punjab National Bank (International) Punjab National Bank (International) Limited | A registered charge | 1 property | 23/09/2019 | — | |
| outstanding | Punjab National Bank (International) Punjab National Bank (International) Limited | A registered charge | 2 properties | 23/09/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (24 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-04
gazette-filings-brought-up-to-date
gazette · DISS40
2024-04-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-20
gazette-notice-compulsory
gazette · GAZ1
2024-04-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-20
termination-director-company-with-name-termination-date
officers · TM01
2023-09-20
appoint-person-director-company-with-name-date
officers · AP01
2023-09-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-31