CONEX EUROPEAN LTD
💤Zombieactive
13866930 · ltd · incorporated 2022-01-24
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
£14.3k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
PursueStrong 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: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
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 declaredPositive net assets
Net assets £14,300
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£14k
Current Assets
£27k
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 | £27.1k | — |
| Current assets | £27.0k | — |
| Net assets | £14.3k | — |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2025-03-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-03➖SHARROCK, Philip John resigneddirector
- 2024-03-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-02-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-02-05➕GREEN, Philip Karl appointeddirector
- 2024-02-05➖GREEN, Denise Joan resigneddirector
- 2024-02-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-02-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-20✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-07-23➕SHARROCK, Philip John appointeddirector
- 2023-07-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-05-17➕GREEN, Denise Joan appointeddirector
- 2022-05-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-24➖BARNES, Christopher resigneddirector
- 2022-03-24➖GREEN, Philip Karl resigneddirector
- 2022-02-18➕BARNES, Christopher appointeddirector
- 2022-02-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-24🏢Company incorporatedAs CONEX EUROPEAN LTD
- 2022-01-24➕GREEN, Philip Karl appointeddirector
- 2022-01-24📄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 Philip Karl Green Individual · British · DOB 11/1970 · age 56 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest | 05/02/2024 |
3 historic (ceased) PSCs
- Mr Philip John Sharrockceased 03/04/2024· significant influence · firm interest
- Mrs Denise Joan Greenceased 05/02/2024· significant influence
- Mr Philip Karl Greenceased 24/03/2022· 75-100% shares · 75-100% voting · board control
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 · Transport & logistics · FY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACORN SCHOOL TRANSPORT LIMITED→ 11972112 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BIG K LIFTING LTD→ 10187949 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CARZOLT LTD→ 13903504 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CATFORTH STORAGE LTD→ 16812265 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CBJ LOGISTICS LTD→ 11817558 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CHRIS GRUNDY CHAUFFEUR SERVICES LTD→ 16642101 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CIGARETTE WASTE MANAGEMENT LIMITED→ 11981248 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CLARK'S STORAGE LTD→ 12680029 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CLEVELEYS TAXIS LIMITED→ 00990143 · est 1970 · no financials extracted | — | — | — | — | 55y | — | — |
| CLUB CLASS JOURNEYS LIMITED→ 15485815 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| COMPLETE LOGISTICAL SERVICES LTD→ 14696875 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CONNECT COURIER SERVICES LTD→ 14235600 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2022-01-24
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road
Registered office
2 Rydal Avenue
Thornton-Cleveleys
FY5 4AJ
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04
Officers (1 active · 4 resigned)
GREEN, Philip Karl→
Activedirector · ~56y · appointed 2024-02-05
View their other companies + combined net worth →
BARNES, Christopher→
Resigneddirector · ~58y · appointed 2022-02-18 · resigned 2022-03-24
GREEN, Denise Joan→
Resigneddirector · ~56y · appointed 2022-05-17 · resigned 2024-02-05
GREEN, Philip Karl→
Resigneddirector · ~56y · appointed 2022-01-24 · resigned 2022-03-24
SHARROCK, Philip John→
Resigneddirector · ~29y · appointed 2023-07-23 · resigned 2024-04-03
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
2025-09-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-18
termination-director-company-with-name-termination-date
officers · TM01
2024-04-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-05
accounts-with-accounts-type-dormant
accounts · AA
2024-03-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-05
termination-director-company-with-name-termination-date
officers · TM01
2024-02-05
appoint-person-director-company-with-name-date
officers · AP01
2024-02-05
certificate-change-of-name-company
change-of-name · CERTNM
2023-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
appoint-person-director-company-with-name-date
officers · AP01
2023-07-23
accounts-with-accounts-type-dormant
accounts · AA
2023-02-18