338 PRECISION PROPERTIES LTD

💤Zombieactive
13324873 · ltd · incorporated 2021-04-09
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 Mar 2025
Net worth
book net assets
Opportunity
64/100
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: Other building completion and finishing
Sector: Construction
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: medium (78/100)

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
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
17 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-04-14
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-01
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-04-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-04-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-04-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-01-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-01-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-01-25
    THACKWELL, Sean Eric resigned
    director
  9. 2023-06-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-12-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2022-12-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-12-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-04-14
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  14. 2021-04-09
    🏢
    Company incorporated
    As 338 PRECISION PROPERTIES LTD
  15. 2021-04-09
    THACKWELL, Zak Stephen appointed
    director
  16. 2021-04-09
    THACKWELL, Sean Eric appointed
    director
  17. 2021-04-09
    📄
    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: 2026-04-22

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Zak Stephen Thackwell
Individual · British · DOB 10/1992 · age 34
2550%
25–50%board control25-50% shares · 25-50% voting · board control09/04/2021
1 historic (ceased) PSC
  • Mr Sean Eric Thackwellceased 25/01/2024· 25-50% shares · 25-50% voting · board control

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

Similar companies

Active · Construction · M postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1ST CALL MAINTENANCE (MANCHESTER) LTD
06686719 · est 2008 · no financials extracted
17y
1ST CHOICE ACE GARAGE DOORS LTD
16373524 · est 2025 · no financials extracted
1y
1ST CHOICE PROPERTY SERVICES (UK) LTD
06713536 · est 2008 · no financials extracted
17y
1ST SHIELD MAINTENANCE LTD
14104984 · est 2022 · no financials extracted
3y
20X PROPERTY LTD
15852326 · est 2024 · no financials extracted
1y
222 CONSTRUCTION LTD
15923479 · est 2024 · no financials extracted
1y
245-247 LOWER BROUGHTON ROAD LTD
11496634 · est 2018 · no financials extracted
7y
248 CONSTRUCTION LTD
15204476 · est 2023 · no financials extracted
2y
28-30 LIVERPOOL ROAD LTD
11496620 · est 2018 · no financials extracted
7y
3 FLOW LIMITED
11072451 · est 2017 · no financials extracted
8y
3 PROPERTY GROUP LIMITED
15806583 · est 2024 · no financials extracted
1y
360 INSTALLATIONS LIMITED
07484032 · est 2011 · no financials extracted
15y
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
Incorporated2021-04-09
Jurisdictionengland-wales
Primary SIC43390 — Other building completion and finishing

Registered office

247 Bury Old Road
Prestwich
Manchester
M25 1JE
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-22OVERDUE
Last: 2025-04-08

Officers (1 active · 1 resigned)

THACKWELL, Zak Stephen
director · ~34y · appointed 2021-04-09
View their other companies + combined net worth →
Active
THACKWELL, Sean Eric
director · ~62y · appointed 2021-04-09 · resigned 2024-01-25
Resigned

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

Recent filings (17 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-14
dissolution-application-strike-off-company
dissolution · DS01
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-dormant
accounts · AA
2025-04-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-11
accounts-with-accounts-type-dormant
accounts · AA
2024-04-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-31
termination-director-company-with-name-termination-date
officers · TM01
2024-01-31
accounts-with-accounts-type-dormant
accounts · AA
2023-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
accounts-with-accounts-type-dormant
accounts · AA
2022-12-09
change-person-director-company-with-change-date
officers · CH01
2022-12-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-08