2N1 LTD

💤Zombieactive
13862363 · ltd · incorporated 2022-01-20
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 Mar 2025
Net worth
£471.4k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

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

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
13 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
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 · FRS 105 (micro)
Positive net assets
Net assets £471,393

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£471k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-31
Total assets£1.10M
Net assets£471.4k

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 (11 events)Click to expand
  1. 2025-09-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2024-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-08-08
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2024-06-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-12-21
    📄
    elect-to-keep-the-directors-residential-address-register-information-on-the-public-register
    officers · EH02
  7. 2023-05-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-01-20
    🏢
    Company incorporated
    As 2N1 LTD
  10. 2022-01-20
    MODI, Kumar appointed
    director
  11. 2022-01-20
    📄
    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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kumar Modi
Individual · British · DOB 12/1983 · age 43
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/01/2022

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 →

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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
Incorporated2022-01-20
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

11 Main Street
Thorpe Satchville
Melton Mowbray
LE14 2DQ
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-02
Last: 2026-01-19

Officers (1 active · 0 resigned)

MODI, Kumar
director · ~43y · appointed 2022-01-20
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-06
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
change-account-reference-date-company-previous-extended
accounts · AA01
2024-08-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
elect-to-keep-the-directors-residential-address-register-information-on-the-public-register
officers · EH02
2023-12-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20
incorporation-company
incorporation · NEWINC
2022-01-20