1702LONDON BY MARTINS JOHNSON LTD

💤Zombieactive
13855403 · ltd · incorporated 2022-01-18
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
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 14190
Sector: Manufacturing
ALSO REGISTERED FOR
  • 15200SIC 15200
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (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: share sale to pe / searcher (58/100).

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, 2 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
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31

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 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-06-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-06-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-06-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-04-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2025-02-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-02-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-02-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-02-16
    1ST SECRETARIES LIMITED resigned
    corporate-secretary
  9. 2024-02-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2024-02-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2024-01-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2024-01-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2023-12-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2022-01-18
    🏢
    Company incorporated
    As 1702LONDON BY MARTINS JOHNSON LTD
  15. 2022-01-18
    JOHNSON, Martins appointed
    director
  16. 2022-01-18
    1ST SECRETARIES LIMITED appointed
    corporate-secretary
  17. 2022-01-18
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  18. 2022-01-18
    📄
    incorporation-company
    incorporation · NEWINC

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 name in company name: Company name contains director surname "JOHNSON" — strong identity link between founder and business.

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 Martins Johnson
Individual · Nigerian · DOB 02/1985 · age 41
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/01/2022

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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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
Typeltd
Incorporated2022-01-18
Jurisdictionengland-wales
Primary SIC14190 — SIC 14190

Registered office

71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
United Kingdom

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-30
Last: 2026-01-16

Officers (1 active · 1 resigned)

JOHNSON, Martins
director · ~41y · appointed 2022-01-18
View their other companies + combined net worth →
Active
1ST SECRETARIES LIMITED
corporate-secretary · appointed 2022-01-18 · resigned 2024-02-16
Resigned

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
change-person-director-company-with-change-date
officers · CH01
2025-06-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-03
accounts-with-accounts-type-dormant
accounts · AA
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
change-person-director-company-with-change-date
officers · CH01
2025-02-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-05
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-16
accounts-with-accounts-type-dormant
accounts · AA
2024-02-13
accounts-with-accounts-type-dormant
accounts · AA
2024-01-24
gazette-filings-brought-up-to-date
gazette · DISS40
2024-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-16
gazette-notice-compulsory
gazette · GAZ1
2023-12-19