12V LIMITED

💤Zombieactive
12441729 · ltd · incorporated 2020-02-04
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
not disclosed
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 29310
Sector: Manufacturing
ALSO REGISTERED FOR
  • 45190SIC 45190
  • 45200SIC 45200
  • 45320Retail trade of motor vehicle parts and accessories
Investor take
Pursue
Strong opportunity: active trading company 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: medium (55/100)

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

Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
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
17 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.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-10-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-11-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-02-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-02-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-11-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-02-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-02-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-07-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-11-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-11-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-02-04
    🏢
    Company incorporated
    As 12V LIMITED
  12. 2020-02-04
    MORGAN, David Kevin appointed
    director
  13. 2020-02-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Kevin Morgan
Individual · British · DOB 04/1967 · age 59
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/02/2020

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 →
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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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
Incorporated2020-02-04
Jurisdictionengland-wales
Primary SIC29310 — SIC 29310

Registered office

Eagle House
25 Severn Street
Welshpool
Powys
SY21 7AD
Wales

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03

Officers (1 active · 0 resigned)

MORGAN, David Kevin
director · ~59y · appointed 2020-02-04
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-28
accounts-with-accounts-type-dormant
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-05
accounts-with-accounts-type-dormant
accounts · AA
2024-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2024-02-07
accounts-with-accounts-type-dormant
accounts · AA
2023-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-10
change-person-director-company-with-change-date
officers · CH01
2023-02-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-10
accounts-with-accounts-type-dormant
accounts · AA
2022-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-07
accounts-with-accounts-type-dormant
accounts · AA
2021-11-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-25