ARMSTRONG BROKERS LTD
💤Zombieactive
12292721 · ltd · incorporated 2019-10-31
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
£58.7k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 76/100 (strong), bankability 75/100. 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 (73/100).
Data confidence
Overall: high (80/100)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
2 connected companies via shared directors
51
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £58,695
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£59k
↑ 40% YoY
Current Assets
£65
↓ 100% 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 | £8.7k | £8.1k |
| Current assets | £65 | £15.1k |
| Net assets | £58.7k | £41.9k |
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 (23 events)Click to expand
- 2025-11-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-08📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-11-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-06📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2023-09-26📄gazette-notice-compulsorygazette · GAZ1
- 2022-07-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-16📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2021-10-16📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-10-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-05📄gazette-notice-compulsorygazette · GAZ1
- 2021-04-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-03-31➖COUSINS, Thomas Andrew resigneddirector
- 2020-09-14📄change-person-director-company-with-change-dateofficers · CH01
- 2020-09-14📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-08-04📄capital-allotment-sharescapital · SH01
- 2020-08-01➕COUSINS, Thomas Andrew appointeddirector
- 2019-10-31🏢Company incorporatedAs ARMSTRONG BROKERS LTD
- 2019-10-31➕ARMSTRONG, Ronald appointeddirector
- 2019-10-31📄incorporation-companyincorporation · NEWINC
Owner dependency
98/100
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.
- +Founder name in company name: Company name contains director surname "ARMSTRONG" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ronald Armstrong Individual · British · DOB 10/1965 · age 61 | — | — | sig. influencesignificant influence | 31/10/2019 |
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 →Similar companies
Active · Financial services · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3 PROPERTY INVESTMENTS LIMITED→ 14284252 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A.M.N.E SECURITY LTD→ 16830151 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A.R.OWEN INSURANCE SERVICES LIMITED→ 06944776 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ABSOLUTE MEDICALS LIMITED→ 05277366 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AFT WEALTH MANAGEMENT LTD→ 13842021 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ALD INVESTCO LIMITED→ 15939344 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALDER FINANCIAL LIMITED→ 12404090 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALVERSTONE MORTGAGES LIMITED→ 13148840 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ARC INVESTMENT SERVICES LIMITED→ 12252777 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARCOT COMMERCIAL LTD→ 11693313 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARISSA LIFESTYLE PROTECTION SPECIALISTS LTD→ 13379455 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARP DESIGN HOLDINGS LIMITED→ 10208287 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2019-10-31
Jurisdictionengland-wales
Primary SIC66220 — Activities of insurance agents and brokers
Registered office
Office 6 Unit 5
South Acomb Farm
Stocksfield
NE43 7AQ
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04
Officers (1 active · 1 resigned)
ARMSTRONG, Ronald→
Activedirector · ~61y · appointed 2019-10-31
View their other companies + combined net worth →
COUSINS, Thomas Andrew→
Resigneddirector · ~35y · appointed 2020-08-01 · resigned 2021-03-31
Click a director name to see their full track record across all companies.
Recent filings (25 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-25
gazette-filings-brought-up-to-date
gazette · DISS40
2023-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-10-06
gazette-notice-compulsory
gazette · GAZ1
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-18
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2021-10-16
gazette-filings-brought-up-to-date
gazette · DISS40
2021-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-15