13M LIMITED

💤Zombieactive
13093418 · ltd · incorporated 2020-12-21
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 Dec 2024
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (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, 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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
0 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31

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. 2026-04-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-09-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-09-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-09-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-09-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-07-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2024-07-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2024-06-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-06-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-06-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-01-10
    BABAR, Muhammad Mustafa appointed
    director
  12. 2024-01-10
    BABAR, Muhammed Waqaas resigned
    director
  13. 2023-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2023-01-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2022-10-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2022-05-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2022-05-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2022-05-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2022-05-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2022-05-18
    📄
    legacy
    miscellaneous · ANNOTATION
  21. 2022-05-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  22. 2022-05-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2020-12-21
    🏢
    Company incorporated
    As 13M LIMITED
  24. 2020-12-21
    BABAR, Muhammed Waqaas appointed
    director
  25. 2020-12-21
    📄
    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

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: 2026-01-03

🔒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.

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Company details

Statusactive
Typeltd
Incorporated2020-12-21
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices

Registered office

Colman House
Livery Street
Birmingham
B3 1RS
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-01-03OVERDUE
Last: 2024-12-20

Officers (1 active · 1 resigned)

BABAR, Muhammad Mustafa
director · ~28y · appointed 2024-01-10
View their other companies + combined net worth →
Active
BABAR, Muhammed Waqaas
director · ~36y · appointed 2020-12-21 · resigned 2024-01-10
Resigned

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

Recent filings (25 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-30
accounts-with-accounts-type-dormant
accounts · AA
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-dormant
accounts · AA
2024-09-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-10
appoint-person-director-company-with-name-date
officers · AP01
2024-06-28
termination-director-company-with-name-termination-date
officers · TM01
2024-06-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-08
accounts-with-accounts-type-dormant
accounts · AA
2023-09-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-24