C3 BIOTECHNOLOGIES (BIO-PROPANE) LIMITED

💤Zombieactive
13322387 · ltd · incorporated 2021-04-08
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 2025
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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: Research and experimental development on biotechnology
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 68). 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: share sale to pe / searcher (73/100).

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Average employees00

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
2
filings
  • 2 officers
Last 90 days
3
filings
  • 2 officers
  • 1 accounts
Last 180 days
4
filings
  • 2 officers
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-07-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-07-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-07-02
    SMITH, Michael Hyde appointed
    director
  4. 2026-07-02
    SCRUTTON, Nigel, Professor resigned
    director
  5. 2026-06-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2026-01-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-06-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-11-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-12-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-04-06
    📄
    capital-allotment-shares
    capital · SH01
  11. 2021-04-28
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  12. 2021-04-08
    🏢
    Company incorporated
    As C3 BIOTECHNOLOGIES (BIO-PROPANE) LIMITED
  13. 2021-04-08
    SCRUTTON, Nigel, Professor appointed
    director
  14. 2021-04-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • 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

C3 Biotechnologies Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
C3 Biotechnologies Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
C3 BIOTECHNOLOGIES (BIO-PROPANE) LIMITED
This company · 13322387

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
C3 Biotechnologies Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control08/04/2021

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 · Professional services · LA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ALPHA OMEGA LEGAL LIMITED
07887898 · est 2011 · no financials extracted
14y
ASKAM PLANT LIMITED
09588824 · est 2015 · no financials extracted
10y
BOWLINE MARINE ENGINEERING LTD
11687299 · est 2018 · no financials extracted
7y
BUILT HERITAGE LTD
15746764 · est 2024 · no financials extracted
1y
C & C HANKINSON LTD
15784791 · est 2024 · no financials extracted
1y
C3 BIOTECHNOLOGIES (ACRYLICS) LIMITED
15251696 · est 2023 · no financials extracted
2y
C3 BIOTECHNOLOGIES (HYPERSONICS) LIMITED
15401074 · est 2024 · no financials extracted
2y
C3 BIOTECHNOLOGIES (MARITIME AND AEROSPACE) LIMITED
12795742 · est 2020 · no financials extracted
5y
C3 SYSTEMS LTD
16456924 · est 2025 · no financials extracted
CADENCE CREATIVE LTD
10828132 · est 2017 · no financials extracted
8y
CAINE PERFORMANCE LTD
13104244 · est 2020 · no financials extracted
5y
CALABRIAN LIMITED
09365138 · est 2014 · no financials extracted
11y
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
Incorporated2021-04-08
Jurisdictionengland-wales
Primary SIC72110 — Research and experimental development on biotechnology

Registered office

20 Mannin Way, Lancaster Business Park
Caton Road
Lancaster
LA1 3SW
United Kingdom

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-04-21
Last: 2026-04-07

Officers (1 active · 1 resigned)

SMITH, Michael Hyde
director · ~68y · appointed 2026-07-02
View their other companies + combined net worth →
Active
SCRUTTON, Nigel, Professor
director · ~62y · appointed 2021-04-08 · resigned 2026-07-02
Resigned

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

Recent filings (15 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-07-06
appoint-person-director-company-with-name-date
officers · AP01
2026-07-06
accounts-with-accounts-type-dormant
accounts · AA
2026-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
change-person-director-company-with-change-date
officers · CH01
2026-01-14
accounts-with-accounts-type-dormant
accounts · AA
2025-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-17
accounts-with-accounts-type-dormant
accounts · AA
2023-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-18
accounts-with-accounts-type-dormant
accounts · AA
2022-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-12
capital-allotment-shares
capital · SH01
2022-04-06
change-account-reference-date-company-current-extended
accounts · AA01
2021-04-28
incorporation-company
incorporation · NEWINC
2021-04-08