2203 LTD

💤Zombieactive
14123373 · ltd · incorporated 2022-05-23
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 Oct 2025
Net worth
book net assets
Opportunity
74/100
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 74/100 (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).

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Oct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-10-312024-10-31
Average employees1100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
5
filings
  • 2 persons-with-significant-control
  • 1 officers
  • 1 address
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-02-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-02-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-02-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-02-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-03-21
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2025-03-19
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  8. 2025-03-19
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  9. 2025-03-18
    📄
    capital-name-of-class-of-shares
    capital · SH08
  10. 2025-03-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2025-02-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2025-02-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2025-02-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2025-02-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2024-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2024-01-26
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  17. 2023-06-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2023-06-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2023-06-23
    📄
    capital-allotment-shares
    capital · SH01
  20. 2023-06-23
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2023-06-23
    📄
    capital-allotment-shares
    capital · SH01
  22. 2023-06-23
    📄
    resolution
    resolution · RESOLUTIONS
  23. 2022-05-23
    🏢
    Company incorporated
    As 2203 LTD
  24. 2022-05-23
    VYAS, Aashish, Dr appointed
    director

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 61 — 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 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Helen Louise Vyas
Individual · British · DOB 01/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting14/06/2022
Dr Aashish Vyas
Individual · British · DOB 11/1965 · age 61
2550%
25–50%25-50% shares · 25-50% voting23/05/2022

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
Incorporated2022-05-23
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Mentor House
Ainsworth Street
Blackburn
Lancashire
BB1 6AY
England

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-06-06
Last: 2025-05-23

Officers (1 active · 0 resigned)

VYAS, Aashish, Dr
director · ~61y · appointed 2022-05-23
View their other companies + combined net worth →
Active

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

Recent filings (26 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-11
change-person-director-company-with-change-date
officers · CH01
2026-02-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-27
resolution
resolution · RESOLUTIONS
2025-03-21
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-03-19
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-03-19
capital-name-of-class-of-shares
capital · SH08
2025-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-25
change-person-director-company-with-change-date
officers · CH01
2025-02-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-25