17 FC LTD

💤Zombieactive
13936412 · ltd · incorporated 2022-02-23
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
£-134.3k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 76/100 (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 (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 3.7y

20/100
under pressure

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

  • · Charge age ~3.7 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 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 105 (micro)
Negative net assets
Liabilities exceed assets by £134,349

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£134k
Current Assets
£499k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-31
Total assets£895.8k
Current assets£498.8k
Net assets£-134.3k

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
4
filings
  • 2 accounts
  • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-12-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2025-05-27
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  4. 2024-12-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2024-12-10
    🔒
    Charge registered #2
    Lender: Colcap Financial UK Limited Trading as Molo
  6. 2024-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-02-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-11-23
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2022-09-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2022-09-14
    🔒
    Charge registered #1
    Lender: Landbay Partners Limited
  11. 2022-07-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-02-23
    🏢
    Company incorporated
    As 17 FC LTD
  13. 2022-02-23
    WU, Adam appointed
    director
  14. 2022-02-23
    📄
    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 59 — 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 59. 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
Adam Wu
Individual · British · DOB 07/1967 · age 59
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/02/2022

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
Incorporated2022-02-23
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Suite 6 Beauford Court
Admirals Way
London
E14 9XL
England

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-08
Last: 2026-02-22

Officers (1 active · 0 resigned)

WU, Adam
director · ~59y · appointed 2022-02-23
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Molo Finance
Colcap Financial UK Limited Trading as Molo
A registered charge1 property10/12/2024
outstanding
Landbay
Landbay Partners Limited
A registered charge1 property14/09/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-01
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-29
change-account-reference-date-company-previous-extended
accounts · AA01
2025-05-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-15
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-18
incorporation-company
incorporation · NEWINC
2022-02-23