40 CADDAW AVENUE LTD

💤Zombieactive
12379999 · ltd · incorporated 2019-12-30
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 Dec 2024
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 80/100. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 1.5y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 1.5 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
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
10 connected companies via shared directors
75
Filing history
19 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
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£11k£22k£32k£43k£54kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£605
Current assets£53.9k
Net assets£605
Average employees0

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
2
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-01-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-10-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-11-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2024-11-15
    🔒
    Charge registered #1
    Lender: Metro Bank PLC
  6. 2024-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-06-26
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2024-06-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-06-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-06-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-12-30
    🏢
    Company incorporated
    As 40 CADDAW AVENUE LTD
  15. 2019-12-30
    GUNGAH, Pascal Victor appointed
    director
  16. 2019-12-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

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: 2024-06-26: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Pascal Victor Gungah
Individual · British · DOB 05/1997 · age 29
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/12/2019

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

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
Incorporated2019-12-30
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

109b High Street
Hemel Hempstead
HP1 3AH
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-12
Last: 2025-12-29

Officers (1 active · 0 resigned)

GUNGAH, Pascal Victor
director · ~29y · appointed 2019-12-30
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Metro Bank
Metro Bank PLC
A registered charge1 property15/11/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-13
change-person-director-company-with-change-date
officers · CH01
2025-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-29
certificate-change-of-name-company
change-of-name · CERTNM
2024-06-26
change-person-director-company-with-change-date
officers · CH01
2024-06-14
change-person-director-company-with-change-date
officers · CH01
2024-06-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-05