31 WORCESTER ROAD LIMITED
💤Zombieactive
12383530 · ltd · incorporated 2020-01-02
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
£2.33M
book net assets
Opportunity
69/100
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
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 (58/100).
🏦
Refinance opportunity
31 live charges · 4 lenders · oldest 6.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.1 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
31 charges (31/31 with lender, 31/31 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2,330,588
Net assets shrinking
Down £41,954 YoY
Cash YoY
+77%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£73k
↑ 77% YoY
Net Worth
£2.3m
↓ 1.8% YoY
Current Assets
£1.4m
↑ 67% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £16.13M | £10.50M |
| Current assets | £1.39M | £835.8k |
| Cash | £72.9k | £41.3k |
| Debtors | £1.32M | £794.5k |
| Net assets | £2.33M | £2.37M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (52 events)Click to expand
- 2025-12-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-15🔒Charge registered #31Lender: Cynergy Bank PLC
- 2024-11-15🔒Charge registered #30Lender: Cynergy Bank PLC
- 2024-09-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-16🔒Charge registered #29Lender: Cynergy Bank Limited (04728421)
- 2023-04-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-30🔒Charge registered #28Lender: Cynergy Bank Limited
- 2023-01-05📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-01-08📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-08📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-05-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-05-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-05-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-05-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-05-01🔒Charge registered #27Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #26Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #25Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #24Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #23Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #22Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #21Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #20Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #19Lender: Cyenrgy Bank Limited
- 2020-05-01🔒Charge registered #18Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #17Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #16Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #15Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #14Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #13Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #12Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #10Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #9Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #8Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #7Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #6Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #5Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #4Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #3Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #2Lender: Cynergy Bank Limited
- 2020-05-01🔒Charge registered #1Lender: Cynergy Bank Limited
- 2020-04-30🔒Charge registered #11Lender: Cynergy Bank Limited
Showing most recent 50 of 52 events
Owner dependency
80/100
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.
- +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 signalSome 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 low31 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Leonard Simmonds Individual · British · DOB 12/1979 · age 47 | 25–50% | — | 25-50% shares | 02/01/2020 |
Mrs Ingeborg Heins Pico Individual · British · DOB 05/1979 · age 47 | 25–50% | — | 25-50% shares | 02/01/2020 |
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 · WR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 17TH ELECTRICS LTD→ 07226661 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 86 BLACKPOLE TRADING ESTATE LIMITED→ 05011549 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| A EVERALL PLUMBING AND HEATING LTD→ 14172874 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A.D.K. TECHNICAL SERVICES LIMITED→ 01286362 · est 1976 · no financials extracted | — | — | — | — | 49y | — | — |
| A.E.S. (ROOFING CONTRACTORS) LIMITED→ 01242639 · est 1976 · no financials extracted | — | — | — | — | 50y | — | — |
| A2B NATIONAL ROOFING LIMITED→ 16240115 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A2R PROPERTY MAINTENANCE LTD→ 15909922 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AA SALT HOLDINGS LIMITED→ 03735252 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| AABAANA LIMITED→ 13580591 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AAJ CARPENTRY LIMITED→ 14752547 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AB HVAC LIMITED→ 15801953 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AB INSTALLATION SERVICES LTD→ 05300719 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
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
Incorporated2020-01-02
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
C/O Charles Hinitt & Associates
48 Belle Vue Terrace
Malvern
Worcestershire
WR14 4QG
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-03
Last: 2025-10-20
Officers (1 active · 0 resigned)
SIMMONDS, Richard Leonard→
Activedirector · ~47y · appointed 2020-01-02
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
31
Total charges
31
Outstanding
3
Active lenders
Status:Lender:31 of 31 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cynergy Bank Cynergy Bank PLC | A registered charge | — | 15/11/2024 | — | |
| outstanding | Cynergy Bank Cynergy Bank PLC | A registered charge | 1 property | 15/11/2024 | — | |
| outstanding | Cynergy Bank (04728421) Cynergy Bank Limited (04728421) | A registered charge | 2 properties | 16/06/2023 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 30/03/2023 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cyenrgy Bank Cyenrgy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 2 properties | 01/05/2020 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | — | 30/04/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (49 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-04
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-01-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-31
change-person-director-company-with-change-date
officers · CH01
2022-01-08
change-person-director-company-with-change-date
officers · CH01
2022-01-08