617 ENGINEERING SERVICES LTD

💤Zombieactive
14391813 · ltd · incorporated 2022-10-02
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£12.2k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong 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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (58/100).

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
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
7 filings
60
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 declared
Positive net assets
Net assets £12,186
High leverage
Liabilities are 100% of total assets
Net assets shrinking
Down £17,966 YoY
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£12k
↓ 60% YoY
Current Assets
£23k
↓ 60% YoY
Current Liabilities
£0£11k£23k£34k£46k£57kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£26.9k£30.2k
Current assets£22.7k£56.9k
Cash£44.1k
Debtors£12.8k
Net assets£12.2k£30.2k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
  1. 2025-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-05-04
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  4. 2022-10-02
    🏢
    Company incorporated
    As 617 ENGINEERING SERVICES LTD
  5. 2022-10-02
    ALMAND, Scott Alan appointed
    director
  6. 2022-10-02
    📄
    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

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 Scott Alan Almand
Individual · British · DOB 02/1987 · age 39
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/10/2022

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

9 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.

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Company details

Statusactive
Typeltd
Incorporated2022-10-02
Jurisdictionengland-wales
Primary SIC71129 — Other engineering activities

Registered office

31 Jacobean Road
Lincoln
LN6 3RB
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01

Officers (1 active · 0 resigned)

ALMAND, Scott Alan
director · ~39y · appointed 2022-10-02
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
change-account-reference-date-company-current-extended
accounts · AA01
2023-05-04
incorporation-company
incorporation · NEWINC
2022-10-02