12598903 LTD

🚨Distressedactive
12598903 · ltd · incorporated 2020-05-13
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to May 2023
Net worth
£-17.4k
book net assets
Opportunity
50/100
Worth a look
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
10 connected companies via shared directors
75
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £17,415

Key financials

1 year extracted from filed iXBRL accounts
Cash
£202k
Net Worth
-£17k
Current Assets
£2.2m
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-05-31
Total assets£-1.38M
Current assets£2.16M
Cash£202.3k
Debtors£1.96M
Net assets£-17.4k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-02-03
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2024-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2023-07-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-07-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-07-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-06-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-06-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-06-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-02-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-02-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-05-13
    🏢
    Company incorporated
    As 12598903 LTD
  15. 2020-05-13
    ANDERSON, Andrew appointed
    director
  16. 2020-05-13
    📄
    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

2 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-02-28

Confirmation statement overdue
high

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

Evidence: Next due: 2025-05-26

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-02-03: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew Anderson
Individual · British · DOB 06/1980 · age 46
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/05/2020

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

10 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.

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Company details

Statusactive
Typeltd
Incorporated2020-05-13
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Central Chambers, 227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF
England

Filing status

Accounts
Next due: 2025-02-28OVERDUE
Last made up to: 2023-05-31
Confirmation statement
Next due: 2025-05-26OVERDUE
Last: 2024-05-12

Officers (1 active · 0 resigned)

ANDERSON, Andrew
director · ~46y · appointed 2020-05-13
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

certificate-change-of-name-company
change-of-name · CERTNM
2025-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-02-29
change-person-director-company-with-change-date
officers · CH01
2023-07-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-20
change-person-director-company-with-change-date
officers · CH01
2022-06-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-13
change-person-director-company-with-change-date
officers · CH01
2022-02-23