4M RECRUITMENT LIMITED

💤Zombieactive
13923982 · ltd · incorporated 2022-02-17
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
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Turnover
year to Feb 2025
Net worth
£43.1k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 3.5y

35/100
under pressure

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

  • · Charge age ~3.5 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
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
Network not yet resolved
30
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £43,089
Cash YoY
+55%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£110k
↑ 55% YoY
Net Worth
£43k
↑ 52% YoY
Current Assets
£170k
↑ 40% YoY
Current Liabilities
£0£34k£68k£102k£136k£170kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£43.1k£28.3k
Current assets£169.7k£121.3k
Cash£110.0k£71.0k
Debtors£59.7k£50.3k
Net assets£43.1k£28.3k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-10-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-11-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-01-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-01-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-01-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-11-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2023-10-17
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2023-08-24
    📄
    capital-allotment-shares
    capital · SH01
  9. 2022-11-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2022-11-07
    🔒
    Charge registered #1
    Lender: Giant Finance + Limited
  11. 2022-02-17
    🏢
    Company incorporated
    As 4M RECRUITMENT LIMITED
  12. 2022-02-17
    WITTS, Shaun Barry appointed
    director
  13. 2022-02-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • 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 Shaun Barry Witts
Individual · English · DOB 03/1966 · age 60
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/02/2022

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
Incorporated2022-02-17
Jurisdictionengland-wales
Primary SIC78109 — Other activities of employment placement agencies

Registered office

Carter House G2 Wyvern Court
Stanier Way
Derby
England
DE21 6BF
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-02
Last: 2026-02-16

Officers (1 active · 0 resigned)

WITTS, Shaun Barry
director · ~60y · appointed 2022-02-17
View their other companies + combined net worth →
Active

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
Giant Finance +
Giant Finance + Limited
A registered charge07/11/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-29
change-person-director-company-with-change-date
officers · CH01
2024-01-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-14
certificate-change-of-name-company
change-of-name · CERTNM
2023-10-17
capital-allotment-shares
capital · SH01
2023-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-16
incorporation-company
incorporation · NEWINC
2022-02-17