FLORY SMART LTD

💤Zombieactive
12917109 · ltd · incorporated 2020-09-30
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 Sept 2024
Net worth
book net assets
Opportunity
54/100
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: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 81299Other cleaning services
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 54/100 (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: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth 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
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 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

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

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 (14 events)Click to expand
  1. 2025-05-02
    APOSTOLACHE, Abel-Lucas appointed
    director
  2. 2025-05-02
    APOSTOLACHE, Floarea resigned
    director
  3. 2025-05-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-05-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-05-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-05-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-10-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-10-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-07-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-10-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-09-30
    🏢
    Company incorporated
    As FLORY SMART LTD
  13. 2020-09-30
    APOSTOLACHE, Floarea appointed
    director
  14. 2020-09-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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 ·
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: 2026-06-30

Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-16

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Abel-Lucas Apostolache
Individual · Romanian · DOB 04/2003 · age 23
75100%
75–100%75-100% shares · 75-100% voting02/05/2025
1 historic (ceased) PSC
  • Mrs Floarea Apostolacheceased 02/05/2025· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Energy & utilities · CV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
E.ON NEXT ENERGY LIMITED
03782443 · est 1999 · no financials extracted
26y
E.ON UK NETWORK ASSETS LIMITED
03810087 · est 1999 · no financials extracted
26y
ENRAY SPV 241435 LIMITED
16267321 · est 2025 · no financials extracted
1y
ENRAY SPV 241491 LIMITED
16206930 · est 2025 · no financials extracted
1y
ENRAY SPV 250224 LIMITED
16536630 · est 2025 · no financials extracted
EVANS HOUSE CLEARANCES LTD
15910421 · est 2024 · no financials extracted
1y
EVIRON LTD
15344224 · est 2023 · no financials extracted
2y
FILTASONIX (UK) LTD
05629291 · est 2005 · no financials extracted
20y
FONONG OIL AND GAS LTD
11547961 · est 2018 · no financials extracted
7y
FORTIFY SMART GRID LTD
16645303 · est 2025 · no financials extracted
FORTRESS RECYCLING AND RESOURCE MANAGEMENT LTD
01992096 · est 1986 · no financials extracted
40y
FOUR COUNTIES AIR CONDITIONING LTD
11875744 · est 2019 · no financials extracted
7y
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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2020-09-30
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

36 36 St. Lawrences Road
Coventry
CV6 7AA
England

Filing status

Accounts
Next due: 2026-06-30OVERDUE
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-05-16OVERDUE
Last: 2025-05-02

Officers (1 active · 1 resigned)

APOSTOLACHE, Abel-Lucas
director · ~23y · appointed 2025-05-02
View their other companies + combined net worth →
Active
APOSTOLACHE, Floarea
director · ~53y · appointed 2020-09-30 · resigned 2025-05-02
Resigned

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

Recent filings (15 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-02
termination-director-company-with-name-termination-date
officers · TM01
2025-05-02
appoint-person-director-company-with-name-date
officers · AP01
2025-05-02
accounts-with-accounts-type-dormant
accounts · AA
2024-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-24
accounts-with-accounts-type-dormant
accounts · AA
2023-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-24
accounts-with-accounts-type-dormant
accounts · AA
2021-10-20
incorporation-company
incorporation · NEWINC
2020-09-30