1988 LTD

💤Zombieactive
12890144 · ltd · incorporated 2020-09-18
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 Sept 2024
Net worth
£2.4k
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68320Management of real estate on a fee or contract basis
Investor take
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 63/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
3 connected companies via shared directors
54
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £2,416

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
Current Assets
£302
Current Liabilities
£0£483£966£1k£2k£2kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£2.4k
Current assets£302
Net assets£2.4k

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 (12 events)Click to expand
  1. 2026-06-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-06-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-05-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-06-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-06-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2024-05-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-06-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-06-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-09-18
    🏢
    Company incorporated
    As 1988 LTD
  11. 2020-09-18
    AL-FADDAYEL, Iyad appointed
    director
  12. 2020-09-18
    📄
    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

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-13

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Iyad Al-Faddayel
Individual · British · DOB 08/1988 · age 38
75100%
75-100% shares18/09/2020

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

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
Incorporated2020-09-18
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

5a North End Parade
London
W14 0SJ
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-03-13OVERDUE
Last: 2025-02-27

Officers (1 active · 0 resigned)

AL-FADDAYEL, Iyad
director · ~38y · appointed 2020-09-18
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

gazette-notice-compulsory
gazette · GAZ1
2026-06-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-28
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-26
gazette-notice-compulsory
gazette · GAZ1
2025-05-20
accounts-with-accounts-type-dormant
accounts · AA
2024-06-29
gazette-filings-brought-up-to-date
gazette · DISS40
2024-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-08
gazette-notice-compulsory
gazette · GAZ1
2024-05-21
accounts-with-accounts-type-dormant
accounts · AA
2023-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-14
accounts-with-accounts-type-dormant
accounts · AA
2022-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-30
incorporation-company
incorporation · NEWINC
2020-09-18