25 HSE LIMITED

💤Zombieactive
13859751 · ltd · incorporated 2022-01-19
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
£16.4k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 3.9y

35/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~3.9 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
72/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £16,444

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£16k
↑ 37% YoY
Current Assets
£93k
↓ 79% YoY
Current Liabilities
£0£89k£179k£268k£358k£447kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£19.4k£121.6k
Current assets£93.5k£447.4k
Net assets£16.4k£12.0k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-01-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-01-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-01-02
    ANDERSON, Catherine resigned
    director
  6. 2025-01-02
    FIRMIN, George resigned
    director
  7. 2025-01-02
    GREENWOOD, Harriet Elizabeth resigned
    director
  8. 2024-05-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-10-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-07-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-06-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2022-06-17
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  13. 2022-03-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2022-03-31
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  15. 2022-01-19
    🏢
    Company incorporated
    As 25 HSE LIMITED
  16. 2022-01-19
    FIRMIN, James appointed
    director
  17. 2022-01-19
    ANDERSON, Catherine appointed
    director
  18. 2022-01-19
    FIRMIN, George appointed
    director
  19. 2022-01-19
    GREENWOOD, Harriet Elizabeth appointed
    director
  20. 2022-01-19
    📄
    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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
James Firmin
Individual · British · DOB 04/1979 · age 47
sig. influencesignificant influence30/03/2022

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 →
🔒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
Incorporated2022-01-19
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

25 High Street East
Uppingham
Rutland
LE15 9PY
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-19
Last: 2026-01-05

Officers (1 active · 3 resigned)

FIRMIN, James
director · ~47y · appointed 2022-01-19
View their other companies + combined net worth →
Active
ANDERSON, Catherine
director · ~79y · appointed 2022-01-19 · resigned 2025-01-02
Resigned
FIRMIN, George
director · ~43y · appointed 2022-01-19 · resigned 2025-01-02
Resigned
GREENWOOD, Harriet Elizabeth
director · ~37y · appointed 2022-01-19 · resigned 2025-01-02
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property17/06/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (15 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-08
termination-director-company-with-name-termination-date
officers · TM01
2025-01-08
termination-director-company-with-name-termination-date
officers · TM01
2025-01-08
termination-director-company-with-name-termination-date
officers · TM01
2025-01-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-03-31
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2022-03-31
incorporation-company
incorporation · NEWINC
2022-01-19