MEALS ON WHEELS HARTLEPOOL COMMUNITY INTEREST COMPANY

💤Zombieactive
13503669 · private-limited-guarant-nsc · incorporated 2021-07-09
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 Jul 2025
Net worth
£5.1k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Manufacture of prepared meals and dishes
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 74/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 70). 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: 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 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £5,119
Cash YoY
+111%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↑ 111% YoY
Net Worth
£5k
↑ 374% YoY
Current Assets
£4k
↑ 93% YoY
Current Liabilities
£0£1k£2k£3k£4k£5kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Total assets£5.3k£1.1k
Current assets£4.0k£2.1k
Cash£3.7k£1.7k
Net assets£5.1k£1.1k

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-11-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-11-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-11-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-11-15
    BEARD, Philip resigned
    director
  7. 2025-11-15
    HILL, Clive resigned
    director
  8. 2025-04-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-04-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2021-07-09
    🏢
    Company incorporated
    As MEALS ON WHEELS HARTLEPOOL COMMUNITY INTEREST COMPANY
  12. 2021-07-09
    DEAR, Susane Elizabeth appointed
    director
  13. 2021-07-09
    BEARD, Philip appointed
    director
  14. 2021-07-09
    HILL, Clive appointed
    director
  15. 2021-07-09
    📄
    incorporation-community-interest-company
    incorporation · CICINC

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 70 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BEARD, Philip resigned 2025-11-15; HILL, Clive resigned 2025-11-15

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Susane Elizabeth Dear
Individual · British · DOB 08/1956 · age 70
25–50%25-50% voting09/07/2021
2 historic (ceased) PSCs
  • Mr Philip Beardceased 15/11/2025· 25-50% voting
  • Mr Clive Hillceased 15/11/2025· 25-50% voting

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

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 →
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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.

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Company details

Statusactive
Typeprivate-limited-guarant-nsc
Incorporated2021-07-09
Jurisdictionengland-wales
Primary SIC10850 — Manufacture of prepared meals and dishes

Registered office

138a Elwick Road
Hartlepool
TS26 9PF
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08

Officers (1 active · 2 resigned)

DEAR, Susane Elizabeth
director · ~70y · appointed 2021-07-09
View their other companies + combined net worth →
Active
BEARD, Philip
director · ~60y · appointed 2021-07-09 · resigned 2025-11-15
Resigned
HILL, Clive
director · ~83y · appointed 2021-07-09 · resigned 2025-11-15
Resigned

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

Recent filings (13 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-28
termination-director-company-with-name-termination-date
officers · TM01
2025-11-28
termination-director-company-with-name-termination-date
officers · TM01
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-12
accounts-with-accounts-type-dormant
accounts · AA
2023-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-14
incorporation-community-interest-company
incorporation · CICINC
2021-07-09