HUDDLE SPV 16 LIMITED

⚰️Wound downinsolvency-proceedings
13384503 · ltd · incorporated 2021-05-10
Investment thesis
Company insolvency proceedings — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to May 2023
Net worth
£235
book net assets
Opportunity
34/100
Pass
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 34/100 (pass), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on immediate intervention.

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
34/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
23
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £235
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
£235
↑ 23400% YoY
Current Assets
£105k
↓ 97% YoY
Current Liabilities
£0£629k£1.3m£1.9m£2.5m£3.1mMay 2022May 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-05-312022-05-31
Total assets£105.2k£1
Current assets£105.2k£3.15M
Net assets£235£1

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
1
filing
  • 1 insolvency
Last 180 days
3
filings
  • 3 insolvency
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-04-25
    ⚠️
    liquidation-in-administration-move-to-dissolution
    insolvency · AM23
  2. 2026-03-04
    ⚠️
    liquidation-in-administration-appointment-of-a-replacement-or-additional-administrator
    insolvency · AM11
  3. 2026-03-04
    ⚠️
    liquidation-in-administration-removal-of-administrator-from-office
    insolvency · AM16
  4. 2025-12-02
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  5. 2025-07-14
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  6. 2025-04-03
    ⚠️
    liquidation-in-administration-extension-of-period
    insolvency · AM19
  7. 2024-12-03
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  8. 2024-09-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-07-23
    ⚠️
    liquidation-in-administration-result-creditors-meeting
    insolvency · AM07
  10. 2024-07-02
    ⚠️
    liquidation-in-administration-statement-of-affairs-with-form-attached
    insolvency · AM02
  11. 2024-06-26
    ⚠️
    liquidation-in-administration-proposals
    insolvency · AM03
  12. 2024-06-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2024-05-16
    ⚠️
    liquidation-in-administration-appointment-of-administrator
    insolvency · AM01
  14. 2023-11-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2023-05-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-04-28
    PICKTHALL, Anthony Oliver resigned
    director
  17. 2023-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2023-04-01
    KLOUDA, Louisa appointed
    director
  19. 2022-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2022-01-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2022-01-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2021-12-17
    RACKHAM, Emily resigned
    director
  23. 2021-11-01
    PICKTHALL, Anthony Oliver appointed
    director
  24. 2021-09-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  25. 2021-09-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  26. 2021-05-10
    🏢
    Company incorporated
    As HUDDLE SPV 16 LIMITED
  27. 2021-05-10
    RACKHAM, Emily appointed
    director
  28. 2021-05-10
    📄
    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

3 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-02-28

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2024-05-20

11 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-04-25: liquidation-in-administration-move-to-dissolution; 2026-03-04: liquidation-in-administration-appointment-of-a-replacement-or-additional-administrator

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

Group structure

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

🏛️
Huddle Capital Group Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
HUDDLE SPV 16 LIMITED
This company · 13384503

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
Huddle Capital Group Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/05/2021

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

13 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

Statusinsolvency-proceedings
Typeltd
Incorporated2021-05-10
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

C/O Quantuma Advisory Limited 7th Floor
20 St Andrew Street
London
EC4A 3AG

Filing status

Accounts
Next due: 2025-02-28OVERDUE
Last made up to: 2023-05-31
Confirmation statement
Next due: 2024-05-20OVERDUE
Last: 2023-05-06

Officers (1 active · 2 resigned)

KLOUDA, Louisa
director · ~32y · appointed 2023-04-01
View their other companies + combined net worth →
Active
PICKTHALL, Anthony Oliver
director · ~40y · appointed 2021-11-01 · resigned 2023-04-28
Resigned
RACKHAM, Emily
director · ~39y · appointed 2021-05-10 · resigned 2021-12-17
Resigned

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

Recent filings (24 total)

liquidation-in-administration-move-to-dissolution
insolvency · AM23
2026-04-25
liquidation-in-administration-appointment-of-a-replacement-or-additional-administrator
insolvency · AM11
2026-03-04
liquidation-in-administration-removal-of-administrator-from-office
insolvency · AM16
2026-03-04
liquidation-in-administration-progress-report
insolvency · AM10
2025-12-02
liquidation-in-administration-progress-report
insolvency · AM10
2025-07-14
liquidation-in-administration-extension-of-period
insolvency · AM19
2025-04-03
liquidation-in-administration-progress-report
insolvency · AM10
2024-12-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-03
liquidation-in-administration-result-creditors-meeting
insolvency · AM07
2024-07-23
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · AM02
2024-07-02
liquidation-in-administration-proposals
insolvency · AM03
2024-06-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-02
liquidation-in-administration-appointment-of-administrator
insolvency · AM01
2024-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-07