EXPERT OIL LTD

💤Zombieactive
14412229 · ltd · incorporated 2022-10-11
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
£100
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
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: 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 (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
22 filings on record
85
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 £100

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£100
~ YoY
Current Assets
£100
↓ 43% YoY
Current Liabilities
£0£35£70£106£141£176Oct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-31
Total assets£100£100
Current assets£100£176
Net assets£100£100

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

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-07-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-03-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-03-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-07-15
    IVANOV, Ilia Ivanov appointed
    director
  8. 2023-07-15
    IVANOV, Ilia Ivanov resigned
    director
  9. 2023-07-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-07-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2023-07-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2023-07-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-07-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2023-07-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2023-02-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2023-02-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2023-02-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2023-02-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2023-02-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2023-02-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2022-10-11
    🏢
    Company incorporated
    As EXPERT OIL LTD
  22. 2022-10-11
    IVANOV, Ilia Ivanov appointed
    director
  23. 2022-10-11
    📄
    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 Ilia Ivanov Ivanov
Individual · Bulgarian · DOB 11/2003 · age 23
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/07/2023
1 historic (ceased) PSC
  • Mr Ilia Ivanov Ivanovceased 15/07/2023· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Energy & utilities · E postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CITY ENERGY GROUP LTD
14106699 · est 2022 · no financials extracted
3y
DREDGEMAN ENERGY LIMITED
09750151 · est 2015 · no financials extracted
10y
EASY 2 REMOVE & INSTALLATIONS LIMITED
13605959 · est 2021 · no financials extracted
4y
EMERGENCY ASSISTANCE LTD
16819632 · est 2025 · no financials extracted
ENERGY CHOICE 4 U (UK) LTD
08783547 · est 2013 · no financials extracted
12y
ENERGY FW LTD
14600160 · est 2023 · no financials extracted
3y
EV WATTS LTD
16350568 · est 2025 · no financials extracted
1y
FAB16 LIMITED
09637996 · est 2015 · no financials extracted
10y
FAIR RECYCLING ENTERPRISE LTD
09607609 · est 2015 · no financials extracted
10y
FERTILIS GREEN ENERGY LIMITED
16879487 · est 2025 · no financials extracted
FESTRIVALL LTD
16993748 · est 2026 · no financials extracted
FIELD BEAULY LTD
15258132 · est 2023 · no financials extracted
2y
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
Incorporated2022-10-11
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

21 Fairlop Road
London
E11 1BL
England

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (1 active · 1 resigned)

IVANOV, Ilia Ivanov
director · ~23y · appointed 2023-07-15
View their other companies + combined net worth →
Active
IVANOV, Ilia Ivanov
director · ~47y · appointed 2022-10-11 · resigned 2023-07-15
Resigned

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

Recent filings (22 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
change-person-director-company-with-change-date
officers · CH01
2024-03-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-31
termination-director-company-with-name-termination-date
officers · TM01
2023-07-15
appoint-person-director-company-with-name-date
officers · AP01
2023-07-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-07-15
change-person-director-company-with-change-date
officers · CH01
2023-07-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-15