CFC (SW) LTD

💤Zombieactive
14401005 · ltd · incorporated 2022-10-05
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 2024
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees0100

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

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 (11 events)Click to expand
  1. 2025-05-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-05-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-05-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-10-06
    RICKARD, Hannah resigned
    director
  8. 2022-10-05
    🏢
    Company incorporated
    As CFC (SW) LTD
  9. 2022-10-05
    RICKARD, Matthew appointed
    director
  10. 2022-10-05
    RICKARD, Hannah appointed
    director
  11. 2022-10-05
    📄
    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 ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-29

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Matthew Rickard
Individual · British · DOB 03/1989 · age 37
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/10/2022
1 historic (ceased) PSC
  • Hannah Rickardceased 06/10/2023· 25-50% shares · 25-50% voting · board control

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2022-10-05
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

16 Gadwall Mead
Cheddar
BS27 3FX
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-05-29OVERDUE
Last: 2025-05-15

Officers (1 active · 1 resigned)

RICKARD, Matthew
director · ~37y · appointed 2022-10-05
View their other companies + combined net worth →
Active
RICKARD, Hannah
director · ~33y · appointed 2022-10-05 · resigned 2023-10-06
Resigned

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

Recent filings (10 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-15
termination-director-company-with-name-termination-date
officers · TM01
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-04
incorporation-company
incorporation · NEWINC
2022-10-05