44 BLACK DIAMONDS LTD

💤Zombieactive
12148709 · ltd · incorporated 2019-08-09
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
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (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 (82/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
67
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£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31

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 (22 events)Click to expand
  1. 2025-06-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-06-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-04-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-02-20
    JONES, Scott Michael resigned
    director
  5. 2023-02-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2023-01-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-09-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-09-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-09-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-09-28
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  11. 2022-09-27
    JONES, Scott Michael appointed
    director
  12. 2022-09-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2022-06-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2021-08-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2021-08-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2021-08-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-04-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2020-12-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2020-12-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2020-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2019-08-09
    🏢
    Company incorporated
    As 44 BLACK DIAMONDS LTD
  22. 2019-08-09
    GREGORY, Nigel Charles 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 ·
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: 2026-05-31

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Nigel Charles Gregory
Individual · British · DOB 03/1969 · age 57
2550%
25-50% shares09/08/2019

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

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
Incorporated2019-08-09
Jurisdictionengland-wales
Primary SIC66220 — Activities of insurance agents and brokers

Registered office

Unit F6 Churcham Business Park
Churcham
Gloucester
GL2 8AX
England

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13

Officers (1 active · 1 resigned)

GREGORY, Nigel Charles
director · ~57y · appointed 2019-08-09
View their other companies + combined net worth →
Active
JONES, Scott Michael
director · ~51y · appointed 2022-09-27 · resigned 2023-02-20
Resigned

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

Recent filings (29 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-16
accounts-with-accounts-type-dormant
accounts · AA
2025-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-dormant
accounts · AA
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
accounts-with-accounts-type-dormant
accounts · AA
2023-04-14
termination-director-company-with-name-termination-date
officers · TM01
2023-02-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-08
change-person-director-company-with-change-date
officers · CH01
2022-09-29
change-person-director-company-with-change-date
officers · CH01
2022-09-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-29
certificate-change-of-name-company
change-of-name · CERTNM
2022-09-28
appoint-person-director-company-with-name-date
officers · AP01
2022-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-17