GOOD AND USEFUL TRADING LTD

💤Zombieactive
13613432 · ltd · incorporated 2021-09-10
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 Mar 2025
Net worth
£-21.7k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: SIC 11030
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

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
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
2 connected companies via shared directors
51
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red 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 £21,670
Cash YoY
+3556%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↑ 3556% YoY
Net Worth
-£22k
↓ 86% YoY
Current Assets
£5k
↑ 184% YoY
Current Liabilities
-£22k-£16k-£11k-£6k-£170£5kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-21.7k£-11.6k
Current assets£5.2k£1.8k
Cash£3.9k£106
Debtors£460£854
Net assets£-21.7k£-11.6k

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-25
    📄
    memorandum-articles
    incorporation · MA
  3. 2025-06-20
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-06-18
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  5. 2024-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-07-18
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2021-09-10
    🏢
    Company incorporated
    As GOOD AND USEFUL TRADING LTD
  10. 2021-09-10
    CAYGILL, Kathryn Mary appointed
    director
  11. 2021-09-10
    📄
    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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Good And Useful Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Good And Useful Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
GOOD AND USEFUL TRADING LTD
This company · 13613432

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
Good And Useful Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/09/2021

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2021-09-10
Jurisdictionengland-wales
Primary SIC11030 — SIC 11030

Registered office

9 St. Georges Yard
Farnham
GU9 7LW
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-21
Last: 2025-09-07

Officers (1 active · 0 resigned)

CAYGILL, Kathryn Mary
director · ~50y · appointed 2021-09-10
View their other companies + combined net worth →
Active

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
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-16
memorandum-articles
incorporation · MA
2025-06-25
resolution
resolution · RESOLUTIONS
2025-06-20
statement-of-companys-objects
change-of-constitution · CC04
2025-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-07-18
incorporation-company
incorporation · NEWINC
2021-09-10