0QR LTD

🚨Distressedactive
12193373 · ltd · incorporated 2019-09-06
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Sept 2020
Net worth
£-1.2k
book net assets
Opportunity
58/100
Worth a look
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What this business does
Primary activity: Video production activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 62011Ready-made interactive leisure and entertainment software development
  • 62012Business and domestic software development
  • 71121Engineering design activities for industrial process and production
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 45/100. 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: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (70/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £1,219

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£1k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2020-09-30
Total assets£-1.2k
Net assets£-1.2k

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

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

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 (10 events)Click to expand
  1. 2022-06-15
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  2. 2022-06-07
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  3. 2022-05-30
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  4. 2021-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-05-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2021-01-28
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2020-12-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2019-09-06
    🏢
    Company incorporated
    As 0QR LTD
  9. 2019-09-06
    URWIN, Jason Charles appointed
    director
  10. 2019-09-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 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: 2022-06-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2022-09-19

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jason Charles Urwin
Individual · British · DOB 01/1968 · age 58
75100%
75-100% shares06/09/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2019-09-06
Jurisdictionengland-wales
Primary SIC59112 — Video production activities

Registered office

Proto
Abbott's Hill, Gateshead
Gateshead
England
NE8 3DF
England

Filing status

Accounts
Next due: 2022-06-30OVERDUE
Last made up to: 2020-09-30
Confirmation statement
Next due: 2022-09-19OVERDUE
Last: 2021-09-05

Officers (1 active · 0 resigned)

URWIN, Jason Charles
director · ~58y · appointed 2019-09-06
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2022-06-15
gazette-notice-voluntary
gazette · GAZ1(A)
2022-06-07
dissolution-application-strike-off-company
dissolution · DS01
2022-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-20
gazette-filings-brought-up-to-date
gazette · DISS40
2021-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2021-01-28
gazette-notice-compulsory
gazette · GAZ1
2020-12-22
incorporation-company
incorporation · NEWINC
2019-09-06