APEX ANGLING LIMITED

💤Zombieactive
14419048 · ltd · incorporated 2022-10-14
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
£922
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Activities of sport clubs
Sector: Arts, entertainment & recreation
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 72/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 65). 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 10 total, 10 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
77
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 £922
Net assets shrinking
Down £117 YoY
Cash YoY
+28%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
↑ 28% YoY
Net Worth
£922
↓ 11% YoY
Current Assets
£13k
↑ 135% YoY
Current Liabilities
£0£3k£5k£8k£10k£13kOct 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£922£1.0k
Current assets£13.1k£5.6k
Cash£5.8k£4.5k
Debtors£7.3k£1.1k
Net assets£922£1.0k

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
5
filings
  • 2 officers
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-12-17
    JACKSON, Martin resigned
    director
  3. 2025-12-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-12-15
    UPTON, Jeffrey Thomas resigned
    director
  5. 2025-12-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-12-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-07-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-12-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2024-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2024-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2024-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2024-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2024-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2024-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2024-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2022-11-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2022-10-14
    🏢
    Company incorporated
    As APEX ANGLING LIMITED
  21. 2022-10-14
    SALLIS, Steve Ivatt appointed
    director
  22. 2022-10-14
    JACKSON, Martin appointed
    director
  23. 2022-10-14
    UPTON, Jeffrey Thomas appointed
    director
  24. 2022-10-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: JACKSON, Martin resigned 2025-12-17; UPTON, Jeffrey Thomas resigned 2025-12-15

Group structure

The Hykeham Sailing Club is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Hykeham Sailing Club
Corporate parent · holds 75-100% shares
ultimate parent
APEX ANGLING LIMITED
This company · 14419048

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
The Hykeham Sailing Club
Corporate entity
75100%
75-100% shares29/02/2024
9 historic (ceased) PSCs
  • Mrs Zoe Vanessa Ashleyceased 29/02/2024· 75-100% shares
  • Miss Adrienne Hoddinottceased 29/02/2024· 75-100% shares
  • Mr John Derek Petersceased 29/02/2024· 75-100% shares
  • Mrs Carolyn Sallisceased 29/02/2024· 75-100% shares
  • Mr Stephen Ivatt Sallisceased 29/02/2024· 75-100% shares
  • Dr Mark Schuerchceased 29/02/2024· 75-100% shares
  • Mr Michael John Sealceased 29/02/2024· 75-100% shares
  • Mr Jeffrey Thomas Uptonceased 29/02/2024· 75-100% shares
  • Mr Geoffrey Alan Woodthorpeceased 29/02/2024· 75-100% shares

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2022-10-14
Jurisdictionengland-wales
Primary SIC93120 — Activities of sport clubs

Registered office

Room 2, Mercury House Willoughton Drive
Foxby Lane Business Park
Gainsborough
Lincolnshire
DN21 1DY
England

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-27
Last: 2025-10-13

Officers (1 active · 2 resigned)

SALLIS, Steve Ivatt
director · ~65y · appointed 2022-10-14
View their other companies + combined net worth →
Active
JACKSON, Martin
director · ~54y · appointed 2022-10-14 · resigned 2025-12-17
Resigned
UPTON, Jeffrey Thomas
director · ~66y · appointed 2022-10-14 · resigned 2025-12-15
Resigned

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

Recent filings (21 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-19
termination-director-company-with-name-termination-date
officers · TM01
2025-12-17
termination-director-company-with-name-termination-date
officers · TM01
2025-12-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-06