29660 LIMITED

💤Zombieactive
13704861 · ltd · incorporated 2021-10-26
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 Oct 2023
Net worth
£17.1k
book net assets
Opportunity
65/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 65/100 (strong), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

Data confidence

Overall: medium (76/100)

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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
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
Positive net assets
Net assets £17,065

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£17k
↑ 117% YoY
Current Assets
£307k
↑ 25% YoY
Current Liabilities
£0£61k£123k£184k£246k£307kOct 2022Oct 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-10-312022-10-31
Total assets£17.1k£295.1k
Current assets£307.0k£246.2k
Net assets£17.1k£7.9k

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
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2024-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2021-10-26
    🏢
    Company incorporated
    As 29660 LIMITED
  5. 2021-10-26
    MAY, John Steven appointed
    director
  6. 2021-10-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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 58 — approaching natural succession window.

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 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
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: 2025-10-31

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr John Steven May
Individual · British · DOB 11/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting26/10/2021
Miss Nicola Claire Hughes
Individual · British · DOB 11/1979 · age 47
2550%
25–50%25-50% shares · 25-50% voting26/10/2021

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 →
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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
Typeltd
Incorporated2021-10-26
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Ashcombe House
5 The Crescent
Leatherhead
Surrey
KT22 8DY
United Kingdom

Filing status

Accounts
Next due: 2025-10-31OVERDUE
Last made up to: 2023-10-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25

Officers (1 active · 0 resigned)

MAY, John Steven
director · ~58y · appointed 2021-10-26
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-09
incorporation-company
incorporation · NEWINC
2021-10-26