ARCTIC FINANCE LTD
💤Zombieactive
13851839 · ltd · incorporated 2022-01-17
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 Jan 2025
Net worth
£-26.2k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
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: 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
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 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 declaredNegative net assets
Liabilities exceed assets by £26,239
Cash YoY
-5%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£502
↓ 5.3% YoY
Net Worth
-£26k
↓ 66% YoY
Current Assets
£731k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £1.69M | £1.69M |
| Current assets | £731.2k | £731.2k |
| Cash | £502 | £530 |
| Debtors | £730.7k | £730.7k |
| Net assets | £-26.2k | £-15.8k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-12-01➕MESKHI, Elena appointeddirector
- 2025-12-01➖SHUMKOV, Alexey resigneddirector
- 2025-12-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-10-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-22➕CONSULTING & ACCOUNTANCY SERVICES LTD appointedcorporate-secretary
- 2024-02-22➖ELENA MESKHI & CO LTD resignedcorporate-secretary
- 2024-02-22📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2024-02-22📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-01-08📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-11-07📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2023-11-07📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2023-11-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-11-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-11-01➖SHUMKOV, Alexey resignedsecretary
- 2023-11-01➕ELENA MESKHI & CO LTD appointedcorporate-secretary
- 2023-10-10📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-01-17🏢Company incorporatedAs ARCTIC FINANCE LTD
- 2022-01-17➕SHUMKOV, Alexey appointedsecretary
- 2022-01-17➕SHUMKOV, Alexey appointeddirector
- 2022-01-17➖SHUMKOV, Alexey resigneddirector
- 2022-01-17➕SHUMKOV, Alexey appointeddirector
- 2022-01-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-01-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-01-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-17📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Igor Smirnov Individual · Romanian · DOB 01/1977 · age 49 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/02/2022 |
2 historic (ceased) PSCs
- Mr Alexey Shumkovceased 18/02/2022· significant influence
- Mr Alexey Shumkovceased 17/01/2022· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| AQUATAURUS VENTURES LTD→ 13805908 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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| ARC AND YOU C.I.C.→ 11407440 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARC BUSINESS CONSULTANCY LTD→ 17021156 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARCAS & CALLISTO CONSULTING LTD→ 12350441 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARCHITECTS FOR SOCIAL HOUSING C.I.C.→ 10383452 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ARCHITECTURE PROJECT SPACE LIMITED→ 14002225 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ARCHITYPE EMPLOYEE OWNERSHIP TRUSTEES LIMITED→ 13293798 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ARCHITYPES.ME LIMITED→ 12111216 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARCHIWORKNET LTD→ 12831863 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARDMORE ACCOUNTANTS LTD→ 10873251 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ARDOUR SERVICES LIMITED→ 11155464 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2022-01-17
Jurisdictionengland-wales
Primary SIC70229 — Management consultancy activities other than financial management
Registered office
Lower Road
Unit 6 City Business Centre
London
SE16 2XB
England
Filing status
Accounts
Next due: 2026-10-29
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-11-20
Last: 2025-11-06
Officers (2 active · 4 resigned)
CONSULTING & ACCOUNTANCY SERVICES LTD→
Activecorporate-secretary · appointed 2024-02-22
View their other companies + combined net worth →
MESKHI, Elena→
Activedirector · ~43y · appointed 2025-12-01
View their other companies + combined net worth →
SHUMKOV, Alexey→
Resignedsecretary · appointed 2022-01-17 · resigned 2023-11-01
ELENA MESKHI & CO LTD→
Resignedcorporate-secretary · appointed 2023-11-01 · resigned 2024-02-22
SHUMKOV, Alexey→
Resigneddirector · ~50y · appointed 2022-01-17 · resigned 2022-01-17
SHUMKOV, Alexey→
Resigneddirector · ~50y · appointed 2022-01-17 · resigned 2025-12-01
Click a director name to see their full track record across all companies.
Recent filings (23 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-23
appoint-person-director-company-with-name-date
officers · AP01
2025-12-01
termination-director-company-with-name-termination-date
officers · TM01
2025-12-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-08
appoint-corporate-secretary-company-with-name-date
officers · AP04
2024-02-22
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-22
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-01-08
change-corporate-secretary-company-with-change-date
officers · CH04
2023-11-07
appoint-corporate-secretary-company-with-name-date
officers · AP04
2023-11-07
termination-secretary-company-with-name-termination-date
officers · TM02
2023-11-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-06