247 HEALTHCARE PRODUCTS LTD

💤Zombieactive
12486106 · ltd · incorporated 2020-02-26
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 Feb 2025
Net worth
£13.9k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 17220
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

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
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
7 connected companies via shared directors
66
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
82
Few red 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 £13,870
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£14k
Current Assets
£283k
Current Liabilities
£0£57k£113k£170k£227k£283kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£350.2k
Current assets£283.4k
Net assets£13.9k

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
1
filing
  • 1 accounts
Last 180 days
4
filings
  • 2 gazette
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-01-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2026-01-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-11-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-08-21
    📄
    capital-allotment-shares
    capital · SH01
  6. 2024-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-06-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-12-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2023-01-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2022-01-24
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  12. 2022-01-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2020-02-26
    🏢
    Company incorporated
    As 247 HEALTHCARE PRODUCTS LTD
  14. 2020-02-26
    PATEL, Ghanshyam appointed
    director
  15. 2020-02-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
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 Ghanshyam Patel
Individual · British · DOB 06/1954 · age 72
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/02/2020

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 →

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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
Incorporated2020-02-26
Jurisdictionengland-wales
Primary SIC17220 — SIC 17220

Registered office

Regus Watling Street
Watling Court, Orbital Plaza
Cannock
WS11 0EL
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-12-23
Last: 2025-12-09

Officers (1 active · 0 resigned)

PATEL, Ghanshyam
director · ~72y · appointed 2020-02-26
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-25
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-28
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-27
gazette-notice-compulsory
gazette · GAZ1
2026-01-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-05
accounts-with-accounts-type-dormant
accounts · AA
2024-11-06
capital-allotment-shares
capital · SH01
2024-08-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
accounts-with-accounts-type-dormant
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-03