ASHES 2 JEWELLERY LTD

💤Zombieactive
13377735 · ltd · incorporated 2021-05-05
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
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Turnover
year to May 2025
Net worth
£-888
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: SIC 32120
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), 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 (73/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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 £888
Net assets shrinking
Down £2,339 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£888
↓ 161% YoY
Current Assets
£181
↓ 88% YoY
Current Liabilities
-£888-£414£60£533£1k£1kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£-888£1.8k
Current assets£181£1.5k
Cash£120
Debtors£181
Net assets£-888£1.5k

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
1
filing
  • 1 gazette
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-05-05
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-27
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-05-05
    🏢
    Company incorporated
    As ASHES 2 JEWELLERY LTD
  8. 2021-05-05
    SOLLITT, Claire Margaret appointed
    director
  9. 2021-05-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • 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: 2026-05-18

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Claire Margaret Sollitt
Individual · British · DOB 12/1967 · age 59
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/05/2021

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.

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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
Incorporated2021-05-05
Jurisdictionengland-wales
Primary SIC32120 — SIC 32120

Registered office

2 Clifton Moor Business Village
James Nicolson Link
York
North Yorkshire
YO30 4XG
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-18OVERDUE
Last: 2025-05-04

Officers (1 active · 0 resigned)

SOLLITT, Claire Margaret
director · ~59y · appointed 2021-05-05
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-05-05
dissolution-application-strike-off-company
dissolution · DS01
2026-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-08
incorporation-company
incorporation · NEWINC
2021-05-05