1O1 ASSET TRADING COMPANY LTD

💤Zombieactive
13925366 · ltd · incorporated 2022-02-18
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
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Turnover
year to Feb 2024
Net worth
£18.6k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Special-situation opportunity
Distressed trade-services with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

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, 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
2 officers (2 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
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £18,582

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
Net Worth
£19k
Current Assets
£31k
Current Liabilities
£0£6k£13k£19k£25k£31kFeb 2023Feb 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-02-292023-02-28
Total assets£18.6k
Current assets£31.4k
Cash£5.7k
Net assets£18.6k
Average employees0

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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
2
filings
  • 1 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-04-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-06-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-05-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-02-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-02-17
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  9. 2023-02-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-02-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-02-18
    🏢
    Company incorporated
    As 1O1 ASSET TRADING COMPANY LTD
  12. 2022-02-18
    NHLANE, Theodore appointed
    secretary
  13. 2022-02-18
    NHLANE, Theodore appointed
    director
  14. 2022-02-18
    📄
    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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Theodore Nhlane
Individual · British · DOB 04/1997 · age 29
75100%
board control75-100% shares · board control18/02/2022

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

10 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
Incorporated2022-02-18
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.

Registered office

The Bristol Office 2nd Floor, 5 High Street
Westbury-On-Trym
Bristol
BS9 3BY
England

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-02-29
Confirmation statement
Next due: 2027-01-13
Last: 2025-12-30

Officers (2 active · 0 resigned)

NHLANE, Theodore
secretary · appointed 2022-02-18
View their other companies + combined net worth →
Active
NHLANE, Theodore
director · ~29y · appointed 2022-02-18
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-20
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
gazette-notice-compulsory
gazette · GAZ1
2023-05-09
change-person-director-company-with-change-date
officers · CH01
2023-02-17
change-person-secretary-company-with-change-date
officers · CH03
2023-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-17
incorporation-company
incorporation · NEWINC
2022-02-18