HEMPUK LTD
💤Zombieactive
12920031 · ltd · incorporated 2020-10-01
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 Oct 2025
Net worth
£-3.4k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 10410
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (79/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £3,382
Cash YoY
+1494%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£287
↑ 1494% YoY
Net Worth
-£3k
↓ 97% YoY
Current Assets
£996
↑ 197% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-10-31 | 2024-10-31 |
|---|---|---|
| Total assets | £-3.4k | £-1.7k |
| Current assets | £996 | £335 |
| Cash | £287 | £18 |
| Debtors | £709 | £317 |
| Net assets | £-3.4k | £-1.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-05-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2026-01-23📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-05-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-05-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-05-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-03➖DEHON, Olivier Jules resigneddirector
- 2022-05-03➖DUCKENFIELD, James resigneddirector
- 2022-04-29➕GELPEY, Addison appointeddirector
- 2022-03-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-08-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-08-16➕DEHON, Olivier Jules appointeddirector
- 2021-03-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-03-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-01-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-01🏢Company incorporatedAs HEMPUK LTD
- 2020-10-01➕DUCKENFIELD, James appointeddirector
- 2020-10-01📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Addison Gelpey Individual · British · DOB 07/1970 · age 56 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 03/05/2022 |
2 historic (ceased) PSCs
- Mrc-Agri Ltdceased 03/05/2022· 75-100% shares · 75-100% voting
- Mr James Duckenfieldceased 29/01/2021· 75-100% shares · 75-100% voting
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 · Food & drink · PL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CORNISH SCRUMPY COMPANY LIMITED→ 01459401 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| CORNISH SEABERRY COMPANY LTD.→ 09986023 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| DEVON TEA & DEVON COFFEE CO LTD→ 14513332 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FIRE, CURE & FEAST LTD→ 14047931 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| FIREBRAND BREWING LIMITED→ 10433570 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| FRIARY MILL BAKERY LIMITED→ 04618171 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| FROTHED LTD→ 16111485 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GERRYS ORIGINALS (HOLDINGS) LTD→ 14212297 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| HEDGEROW & MOOR LTD→ 16948481 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HERON VALLEY CIDER LIMITED→ 03402882 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| HEYL BAKERY LTD→ 12960250 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HOBBS CHOCOLATES LIMITED→ 14673832 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2020-10-01
Jurisdictionengland-wales
Primary SIC10410 — SIC 10410
Registered office
C/O Mark Holt & Co 7 Sandy Court Ashleigh Way
Plympton
Plymouth
PL7 5JX
England
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2027-02-04
Last: 2026-01-21
Officers (1 active · 2 resigned)
GELPEY, Addison→
Activedirector · ~56y · appointed 2022-04-29
View their other companies + combined net worth →
DEHON, Olivier Jules→
Resigneddirector · ~59y · appointed 2021-08-16 · resigned 2022-05-03
DUCKENFIELD, James→
Resigneddirector · ~53y · appointed 2020-10-01 · resigned 2022-05-03
Click a director name to see their full track record across all companies.
Recent filings (23 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
change-person-director-company-with-change-date
officers · CH01
2026-01-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-05-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-24
termination-director-company-with-name-termination-date
officers · TM01
2022-05-24
termination-director-company-with-name-termination-date
officers · TM01
2022-05-24
appoint-person-director-company-with-name-date
officers · AP01
2022-05-24