12303321 LTD

💤Zombieactive
12303321 · ltd · incorporated 2019-11-07
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 Nov 2024
Net worth
£300
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (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: strategic trade sale (65/100).

Data confidence

Overall: medium (78/100)

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

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £300

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£300
Current Assets
£300
Current Liabilities
£0£60£120£180£240£300Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-11-302023-11-30
Total assets£300
Current assets£300
Net assets£300

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
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 confirmation-statement
Last 180 days
4
filings
  • 1 gazette
  • 1 dissolution
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-08
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-12-16
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2025-07-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2025-03-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-03-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2025-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2025-03-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2025-02-13
    BOYLE, Helen Louise resigned
    director
  13. 2025-02-13
    MERRIMAN, Greg resigned
    director
  14. 2024-08-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2023-08-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2022-08-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2022-05-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-03-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2019-11-07
    🏢
    Company incorporated
    As 12303321 LTD
  20. 2019-11-07
    GWYNNE, Matthew appointed
    director
  21. 2019-11-07
    BOYLE, Helen Louise appointed
    director
  22. 2019-11-07
    MERRIMAN, Greg appointed
    director
  23. 2019-11-07
    📄
    incorporation-company
    incorporation · NEWINC

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 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-12-16: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Matthew Gwynne
Individual · British · DOB 06/1984 · age 42
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/11/2019
2 historic (ceased) PSCs
  • Mr Greg Merrimanceased 13/02/2025· 25-50% shares · 25-50% voting · board control
  • Mrs Helen Louise Boyleceased 13/02/2025· 25-50% shares · 25-50% voting · board control

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

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
Incorporated2019-11-07
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

15 Bishwell Road
Gowerton
Swansea
SA4 3AU
Wales

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-04-07
Last: 2026-03-24

Officers (1 active · 2 resigned)

GWYNNE, Matthew
director · ~42y · appointed 2019-11-07
View their other companies + combined net worth →
Active
BOYLE, Helen Louise
director · ~39y · appointed 2019-11-07 · resigned 2025-02-13
Resigned
MERRIMAN, Greg
director · ~44y · appointed 2019-11-07 · resigned 2025-02-13
Resigned

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

Recent filings (24 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-21
dissolution-application-strike-off-company
dissolution · DS01
2026-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-04
certificate-change-of-name-company
change-of-name · CERTNM
2025-12-16
accounts-with-accounts-type-dormant
accounts · AA
2025-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-25
change-person-director-company-with-change-date
officers · CH01
2025-03-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-21
termination-director-company-with-name-termination-date
officers · TM01
2025-03-17
termination-director-company-with-name-termination-date
officers · TM01
2025-03-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
accounts-with-accounts-type-dormant
accounts · AA
2024-08-21