42 HOLBORN FBE LTD

💤Zombieactive
13100958 · ltd · incorporated 2020-12-29
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
£-1.68M
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (82/100)

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
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
10 connected companies via shared directors
75
Filing history
21 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 declared
Negative net assets
Liabilities exceed assets by £1,675,594
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£1.7m
Current Assets
£166k
Current Liabilities
-£1.7m-£1.3m-£939k-£571k-£203k£166kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£665.6k
Current assets£165.7k
Net assets£-1.68M
Average employees3000

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

🔒Filing-note intelligence

1 signal 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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-01
    EKIZ, Hayrullah appointed
    director
  4. 2023-11-01
    PENBEGULLU, Ebubekir resigned
    director
  5. 2023-11-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-11-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-03-02
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  9. 2023-01-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2023-01-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2023-01-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2022-11-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-10-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2022-05-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2022-01-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-01-04
    ZEREN, Mustafa Yigit, Mr. resigned
    director
  17. 2021-12-20
    PENBEGULLU, Ebubekir appointed
    director
  18. 2021-12-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2020-12-29
    🏢
    Company incorporated
    As 42 HOLBORN FBE LTD
  20. 2020-12-29
    ZEREN, Mustafa Yigit, Mr. appointed
    director
  21. 2020-12-29
    📄
    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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Zeren Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Zeren Group Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
42 HOLBORN FBE LTD
This company · 13100958

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Zeren Group Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/01/2023
2 historic (ceased) PSCs
  • Ebubekir Penbegulluceased 17/01/2023· significant influence
  • Mr. Mustafa Yigit Zerenceased 17/01/2023· 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.

🔒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
Incorporated2020-12-29
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

42 Kingsway
London
WC2B 6EY
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15

Officers (1 active · 2 resigned)

EKIZ, Hayrullah
director · ~37y · appointed 2023-11-01
View their other companies + combined net worth →
Active
PENBEGULLU, Ebubekir
director · ~35y · appointed 2021-12-20 · resigned 2023-11-01
Resigned
ZEREN, Mustafa Yigit, Mr.
director · ~35y · appointed 2020-12-29 · resigned 2022-01-04
Resigned

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

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-15
appoint-person-director-company-with-name-date
officers · AP01
2023-11-01
termination-director-company-with-name-termination-date
officers · TM01
2023-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
certificate-change-of-name-company
change-of-name · CERTNM
2023-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-01-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-02