2020 SR LIMITED
💤Zombieactive
12154846 · ltd · incorporated 2019-08-13
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 Oct 2024
Net worth
£327.0k
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
Special-situation opportunityDistressed construction with salvageable qualities — special-situations priority.
Opportunity 67/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
6 live charges · 4 lenders · oldest 6.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.4 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · 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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 7 with DOB)
90
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
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £327,043
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£327k
↑ 1281% YoY
Current Assets
£88k
↑ 117% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £1.10M | £1.03M |
| Current assets | £88.0k | £40.5k |
| Net assets | £327.0k | £23.7k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-08➖KHALIQ, Ayesha resigneddirector
- 2025-05-08➖KHALIQ, Faraz Ahmed resigneddirector
- 2025-05-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-07➕KHALIQ, Naurin Niaz appointeddirector
- 2025-05-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-10🔒Charge registered #6Lender: West One Development Finance Limited
- 2023-08-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-21➕KHALIQ, Ayesha appointeddirector
- 2023-05-10📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-03-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-13➖MUSHTAQ, Mohammed Arif resigneddirector
- 2023-03-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-06🔓Charge satisfied #3
- 2023-03-06🔓Charge satisfied #2
- 2023-03-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-01🔒Charge registered #5Lender: Gfs 1 LTD
- 2023-03-01🔒Charge registered #4Lender: Gfs 1 LTD
- 2023-02-22➕MUSHTAQ, Mohammed Arif appointeddirector
- 2023-02-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-02➕KHALIQ, Faraz Ahmed appointeddirector
- 2023-02-02➖MOBASSHAR, Shehla resigneddirector
- 2023-02-02➖NIAZ, Mobasshar resigneddirector
- 2023-01-30➖MUSHTAQ, Mohammed Arif resigneddirector
- 2022-11-10➕MOBASSHAR, Shehla appointeddirector
- 2022-10-06➕NIAZ, Mobasshar appointeddirector
- 2021-03-04🔓Charge satisfied #1
- 2021-02-18🔒Charge registered #3Lender: Momentum Finance Group Investments Limited
- 2021-02-18🔒Charge registered #2Lender: Momentum Finance Group Investments Limited
- 2019-12-17🔒Charge registered #1Lender: Primary Finance LTD
- 2019-08-13🏢Company incorporatedAs 2020 SR LIMITED
- 2019-08-13➕MUSHTAQ, Mohammed Arif appointeddirector
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high · 1 med ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-21
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Aspen Spring Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Aspen Spring Limited
Corporate parent · holds 75-100% shares
⬇
2020 SR LIMITED
This company · 12154846
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Aspen Spring Limited Corporate entity | 75–100% | — | 75-100% shares | 01/09/2019 |
1 historic (ceased) PSC
- 2020 Group Uk Developments Limitedceased 01/09/2019· 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 · Construction · WF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1527 CONTRACTING LIMITED→ 13362327 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1805 PROPERTY CONSULTANTS LIMITED→ 14100315 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 2CG GROUNDWORK’S LTD→ 11661152 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3 US PROJECTS LTD→ 16282100 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 4D GARDEN RETREATS LTD→ 16215648 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 4SOLUTIONS LIMITED→ 11174428 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 5 TOWNS PROPERTY SOLUTIONS LTD→ 09781550 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 5T ELECTRICAL & DEVELOPMENTS LTD→ 15277415 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A & A D HARDCASTLE LIMITED→ 04659642 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| A & B GROUNDWORKS LIMITED→ 12958380 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A B BRICKWORKS LIMITED→ 13646679 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A BIT OF CHAOS THEORY LIMITED→ 16953650 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2019-08-13
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
12 Seckar Lane
Woolley
Wakefield
WF4 2LE
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-04-21OVERDUE
Last: 2025-04-07
Officers (1 active · 6 resigned)
KHALIQ, Naurin Niaz→
Activedirector · ~63y · appointed 2025-05-07
View their other companies + combined net worth →
KHALIQ, Ayesha→
Resigneddirector · ~39y · appointed 2023-07-21 · resigned 2025-05-08
KHALIQ, Faraz Ahmed→
Resigneddirector · ~42y · appointed 2023-02-02 · resigned 2025-05-08
MOBASSHAR, Shehla→
Resigneddirector · ~49y · appointed 2022-11-10 · resigned 2023-02-02
MUSHTAQ, Mohammed Arif→
Resigneddirector · ~64y · appointed 2023-02-22 · resigned 2023-03-13
MUSHTAQ, Mohammed Arif→
Resigneddirector · ~64y · appointed 2019-08-13 · resigned 2023-01-30
NIAZ, Mobasshar→
Resigneddirector · ~60y · appointed 2022-10-06 · resigned 2023-02-02
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | West One Development Finance West One Development Finance Limited | A registered charge | 3 properties | 10/11/2023 | — | |
| outstanding | Gfs 1 Gfs 1 LTD | A registered charge | — | 01/03/2023 | — | |
| outstanding | Gfs 1 Gfs 1 LTD | A registered charge | 3 properties | 01/03/2023 | — | |
| satisfied | Momentum Finance Group Investments Momentum Finance Group Investments Limited | A registered charge | 2 properties | 18/02/2021 | 06/03/2023 | |
| satisfied | Momentum Finance Group Investments Momentum Finance Group Investments Limited | A registered charge | — | 18/02/2021 | 06/03/2023 | |
| satisfied | Primary Finance Primary Finance LTD | A registered charge | 2 properties | 17/12/2019 | 04/03/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (42 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
termination-director-company-with-name-termination-date
officers · TM01
2025-05-08
termination-director-company-with-name-termination-date
officers · TM01
2025-05-08
appoint-person-director-company-with-name-date
officers · AP01
2025-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-07
appoint-person-director-company-with-name-date
officers · AP01
2023-07-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-05-10
termination-director-company-with-name-termination-date
officers · TM01
2023-03-25