11998391 LTD.

💤Zombieactive
11998391 · ltd · incorporated 2019-05-15
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 May 2024
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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: Activities of real estate investment trusts
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: strategic trade sale (40/100).

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
7 officers (1 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-05-242023-05-24

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-10-10
    HIMATH, Ali appointed
    director
  3. 2025-10-10
    IRSHAD, Farouk resigned
    director
  4. 2025-10-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-10-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-10-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-10-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2025-10-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2025-10-01
    RODWAY ENGINEERING LIMITED resigned
    corporate-secretary
  10. 2025-06-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2025-06-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2025-06-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2025-06-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2025-04-11
    IRSHAD, Farouk appointed
    director
  15. 2025-04-11
    IRSHAD, Khalid resigned
    director
  16. 2025-04-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2025-04-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-07-31
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2024-07-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  20. 2023-06-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2023-04-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2023-03-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2022-02-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2021-07-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  25. 2021-07-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  26. 2020-12-01
    IRSHAD, Khalid appointed
    director
  27. 2020-12-01
    IRSHAD, Rashid resigned
    director
  28. 2019-07-01
    CISCH, Christian resigned
    director
  29. 2019-07-01
    IRSHAD, Rashid appointed
    director
  30. 2019-06-28
    GMBH, Phoenix Invest resigned
    secretary
  31. 2019-06-28
    RODWAY ENGINEERING LIMITED appointed
    corporate-secretary
  32. 2019-05-15
    🏢
    Company incorporated
    As 11998391 LTD.
  33. 2019-05-15
    GMBH, Phoenix Invest appointed
    secretary
  34. 2019-05-15
    CISCH, Christian appointed
    director

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

1 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: RODWAY ENGINEERING LIMITED resigned 2025-10-01; IRSHAD, Farouk resigned 2025-10-10

Group structure

Rodway Engineering Ltd. is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Rodway Engineering Ltd.
Corporate parent · holds 75-100% shares · board control
ultimate parent
11998391 LTD.
This company · 11998391

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Rodway Engineering Ltd.
Corporate entity
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest01/10/2025
1 historic (ceased) PSC
  • Mr Inter Legisceased 01/10/2025· 75-100% shares · 75-100% voting · board control · firm interest

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 · Financial services · M postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
101 FACILITATOR LIMITED
06825465 · est 2009 · no financials extracted
17y
123456 TEE LIMITED
16551262 · est 2025 · no financials extracted
22 PROPERTY LTD
13988878 · est 2022 · no financials extracted
4y
3 SINHA'S INVESTMENTS LTD
12641048 · est 2020 · no financials extracted
5y
3JA HOLDINGS LTD
15169176 · est 2023 · no financials extracted
2y
4521 LTD
16433605 · est 2025 · no financials extracted
4I MARBLE LIMITED
13884603 · est 2022 · no financials extracted
4y
51 ARNFIELD LTD
15748095 · est 2024 · no financials extracted
1y
A. E. TAYLOR FINANCIAL SERVICES LIMITED
03672942 · est 1998 · no financials extracted
27y
AARON SHAW LTD
17130153 · est 2026 · no financials extracted
ABANCAY HOLDINGS UK LIMITED
15170861 · est 2023 · no financials extracted
2y
ABERFELDY HOLDINGS LTD
15691720 · est 2024 · no financials extracted
1y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2019-05-15
Jurisdictionengland-wales
Primary SIC64306 — Activities of real estate investment trusts

Registered office

Piccadilly Business Centre
Unit C Aldow Enterprise Park
Manchester
M12 6AE
England

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-24
Confirmation statement
Next due: 2026-05-28
Last: 2025-05-14

Officers (1 active · 6 resigned)

HIMATH, Ali
director · ~25y · appointed 2025-10-10
View their other companies + combined net worth →
Active
GMBH, Phoenix Invest
secretary · appointed 2019-05-15 · resigned 2019-06-28
Resigned
RODWAY ENGINEERING LIMITED
corporate-secretary · appointed 2019-06-28 · resigned 2025-10-01
Resigned
CISCH, Christian
director · ~50y · appointed 2019-05-15 · resigned 2019-07-01
Resigned
IRSHAD, Farouk
director · ~56y · appointed 2025-04-11 · resigned 2025-10-10
Resigned
IRSHAD, Khalid
director · ~39y · appointed 2020-12-01 · resigned 2025-04-11
Resigned
IRSHAD, Rashid
director · ~54y · appointed 2019-07-01 · resigned 2020-12-01
Resigned

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

Recent filings (39 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
appoint-person-director-company-with-name-date
officers · AP01
2025-10-10
termination-director-company-with-name-termination-date
officers · TM01
2025-10-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-10-08
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-08
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-14
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-dormant
accounts · AA
2025-06-11
gazette-notice-compulsory
gazette · GAZ1
2025-06-03
termination-director-company-with-name-termination-date
officers · TM01
2025-04-11
appoint-person-director-company-with-name-date
officers · AP01
2025-04-11
gazette-filings-brought-up-to-date
gazette · DISS40
2024-07-31
gazette-notice-compulsory
gazette · GAZ1
2024-07-30