408 BIRMINGHAM LTD

💤Zombieactive
12642141 · ltd · incorporated 2020-06-03
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 Jun 2024
Net worth
£15.6k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 70). 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 (70/100)

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
Network not yet resolved
30
Filing history
16 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £15,645

Key financials

1 year extracted from filed iXBRL accounts
Cash
£29k
Net Worth
£16k
Current Assets
£692k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-28
Total assets£15.6k
Current assets£692.2k
Cash£28.9k
Debtors£590.8k
Net assets£15.6k

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
3
filings
  • 1 accounts
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-03-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2026-02-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-06-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2025-03-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2024-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-03-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-11-07
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  9. 2022-03-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-06-03
    🏢
    Company incorporated
    As 408 BIRMINGHAM LTD
  11. 2020-06-03
    CEMAL, Hamit appointed
    director
  12. 2020-06-03
    📄
    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 70 — 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 70 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

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 Hamit Cemal
Individual · British · DOB 04/1956 · age 70
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/06/2020

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 →
🔒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 →
🔒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
Incorporated2020-06-03
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

573 Chester Road
Sutton Coldfield
B73 5HU
United Kingdom

Filing status

Accounts
Next due: 2026-06-27
Last made up to: 2024-06-28
Confirmation statement
Next due: 2026-11-22
Last: 2025-11-08

Officers (1 active · 0 resigned)

CEMAL, Hamit
director · ~70y · appointed 2020-06-03
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

change-account-reference-date-company-previous-shortened
accounts · AA01
2026-03-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-06-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-08
certificate-change-of-name-company
change-of-name · CERTNM
2022-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-08