12 SQUARE CONSULTING LTD

💤Zombieactive
12430926 · ltd · incorporated 2020-01-29
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
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Turnover
year to Jan 2025
Net worth
£6.4k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Special-situation opportunity
Distressed technology with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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
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
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £6,418

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£6k
~ YoY
Current Assets
£6k
~ YoY
Current Liabilities
£0£1k£3k£4k£5k£6kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£6.4k£6.4k
Current assets£5.6k£5.6k
Net assets£6.4k£6.4k

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 (11 events)Click to expand
  1. 2025-10-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-10-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-08-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-03-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-06-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-06-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-09-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-01-29
    🏢
    Company incorporated
    As 12 SQUARE CONSULTING LTD
  10. 2020-01-29
    MBAMALI, Ifeanyi appointed
    director
  11. 2020-01-29
    📄
    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 high · 1 low
Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-11

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ifeanyi Mbamali
Individual · British · DOB 12/1971 · age 55
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/01/2020

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

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🔒Tailored diligence questions

8 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2020-01-29
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities

Registered office

257 - 258 Upper Street
Northway House - Diamond And Co
London
N1 1RU
United Kingdom

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-02-11OVERDUE
Last: 2025-01-28

Officers (1 active · 0 resigned)

MBAMALI, Ifeanyi
director · ~55y · appointed 2020-01-29
View their other companies + combined net worth →
Active

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

Recent filings (14 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-08
incorporation-company
incorporation · NEWINC
2020-01-29