12761997 LTD

🚨Distressedactive
12761997 · ltd · incorporated 2020-07-22
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
Upgrade to see
Turnover
year to Jun 2024
Net worth
£-48.7k
book net assets
Opportunity
53/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 45/100. 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 (73/100)

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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth 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
49
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 £48,733

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£49k
Current Assets
£26k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-30
Total assets£69.1k
Current assets£26.3k
Net assets£-48.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-25
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-03-20
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  5. 2024-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-09-21
    FIGG, Michael John resigned
    director
  7. 2023-09-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-09-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-05-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-06-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-06-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-11-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2021-11-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2021-06-10
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  16. 2021-05-29
    📄
    memorandum-articles
    incorporation · MA
  17. 2021-05-29
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2021-05-18
    📄
    capital-allotment-shares
    capital · SH01
  19. 2021-03-19
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  20. 2021-03-18
    📄
    capital-allotment-shares
    capital · SH01
  21. 2021-02-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  22. 2021-02-07
    CAPILLI, Daniel Scott appointed
    director
  23. 2021-01-25
    FIGG, Michael John appointed
    director
  24. 2020-07-22
    🏢
    Company incorporated
    As 12761997 LTD
  25. 2020-07-22
    MCCREARY, Jordan Ediss appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 high ·
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: 2026-03-31

Confirmation statement overdue
high

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

Evidence: Next due: 2026-01-23

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Michael John Figg
Individual · Australian · DOB 01/1988 · age 38
sig. influencesignificant influence07/02/2021
1 historic (ceased) PSC
  • Mr Jordan Ediss Mccrearyceased 07/02/2021· 25-50% shares · 25-50% voting · board control · firm interest

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 →

Similar companies

Active · Leisure & entertainment · EC postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
09336196 LIMITED
09336196 · est 2014 · no financials extracted
11y
1-WALL HANDBALL LTD
13114871 · est 2021 · no financials extracted
5y
1066 PADEL LTD
16954270 · est 2026 · no financials extracted
121 BOUNCE LTD
10993068 · est 2017 · no financials extracted
8y
14104227 LTD
14104227 · est 2022 · no financials extracted
3y
14368371 LTD
14368371 · est 2022 · no financials extracted
3y
1873 STUDIOS LTD
15812876 · est 2024 · no financials extracted
1y
193 ENTERTAINMENT LTD
17050155 · est 2026 · no financials extracted
1984 PERSONAL MANAGEMENT LIMITED
01873182 · est 1984 · no financials extracted
41y
1VYBE LTD
15540774 · est 2024 · no financials extracted
2y
2 BOATS EVENTS LTD
08531494 · est 2013 · no financials extracted
12y
212 MUSIC GROUP LIMITED
09942385 · est 2016 · no financials extracted
10y
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
Incorporated2020-07-22
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities

Registered office

124 City Road
London
EC1V 2NX
England

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-01-23OVERDUE
Last: 2025-01-09

Officers (2 active · 1 resigned)

CAPILLI, Daniel Scott
director · ~41y · appointed 2021-02-07
View their other companies + combined net worth →
Active
MCCREARY, Jordan Ediss
director · ~35y · appointed 2020-07-22
View their other companies + combined net worth →
Active
FIGG, Michael John
director · ~38y · appointed 2021-01-25 · resigned 2023-09-21
Resigned

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

Recent filings (29 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-09
certificate-change-of-name-company
change-of-name · CERTNM
2024-04-25
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2024-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
termination-director-company-with-name-termination-date
officers · TM01
2023-09-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-08
change-person-director-company-with-change-date
officers · CH01
2022-06-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-14