FLORENCE CAPITAL LTD

💤Zombieactive
13725882 · ltd · incorporated 2021-11-05
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
Upgrade to see
Turnover
year to Nov 2024
Net worth
£2
book net assets
Opportunity
70/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Activities of open-ended investment companies
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (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: strategic trade sale (65/100).

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 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
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
82
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 £2

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£2
Current Assets
£2
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-30
Total assets£2
Current assets£2
Debtors£2
Net assets£2

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 accounts
Last 180 days
4
filings
  • 1 accounts
  • 1 officers
  • 1 address
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-05-18
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  2. 2026-03-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-03-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-06-02
    PENNACK, Richard Graeme resigned
    director
  7. 2025-06-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-06-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2025-01-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-08-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-07-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2023-04-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-09-08
    📄
    capital-allotment-shares
    capital · SH01
  14. 2021-11-05
    🏢
    Company incorporated
    As FLORENCE CAPITAL LTD
  15. 2021-11-05
    SIMPSON, Jamie Brent appointed
    director
  16. 2021-11-05
    PENNACK, Richard Graeme appointed
    director
  17. 2021-11-05
    📄
    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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jamie Brent Simpson
Individual · British · DOB 04/1989 · age 37
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/11/2021

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 →

Similar companies

Active · Financial services · TQ postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BOWBEER LIMITED
07831118 · est 2011 · no financials extracted
14y
DCD SOLUTIONS LTD
16017244 · est 2024 · no financials extracted
1y
DEVON DIRECT INSURANCE SERVICES LIMITED
05037934 · est 2004 · no financials extracted
22y
DUKE CAPITAL LIMITED
12889402 · est 2020 · no financials extracted
5y
ENABLE INSURANCE SERVICES LIMITED
09372700 · est 2015 · no financials extracted
11y
EPIEIKES LTD
16426559 · est 2025 · no financials extracted
EQUITY RELEASE SOUTH WEST LTD
10871391 · est 2017 · no financials extracted
8y
FINANCE 4 EVERYTHING LIMITED
16491744 · est 2025 · no financials extracted
FINANCE WESTCOUNTRY LIMITED
08264056 · est 2012 · no financials extracted
13y
FITCH FINANCIAL ASSOCIATES LIMITED
08655808 · est 2013 · no financials extracted
12y
FOOTHOLD FINANCE LTD
12567516 · est 2020 · no financials extracted
5y
FORDER ESTATES LIMITED
13100815 · est 2020 · no financials extracted
5y
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
Incorporated2021-11-05
Jurisdictionengland-wales
Primary SIC64304 — Activities of open-ended investment companies

Registered office

12 Fore Street
Chudleigh
Newton Abbot
Devon
TQ13 0HX
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09

Officers (1 active · 1 resigned)

SIMPSON, Jamie Brent
director · ~37y · appointed 2021-11-05
View their other companies + combined net worth →
Active
PENNACK, Richard Graeme
director · ~53y · appointed 2021-11-05 · resigned 2025-06-02
Resigned

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

Recent filings (17 total)

change-account-reference-date-company-current-extended
accounts · AA01
2026-05-18
change-person-director-company-with-change-date
officers · CH01
2026-03-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-18
termination-director-company-with-name-termination-date
officers · TM01
2025-06-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-02
appoint-person-director-company-with-name-date
officers · AP01
2025-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-18
accounts-with-accounts-type-dormant
accounts · AA
2023-07-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-09