BURNT HONEY LTD

💤Zombieactive
14549080 · ltd · incorporated 2022-12-19
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 Dec 2024
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (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 1 total, 1 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
70/100Strong
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
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Average employees800600

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-03-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-01-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-12-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-12-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-11-01
    SIMENOK, Iryna resigned
    director
  6. 2025-05-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-01-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-12-31
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  9. 2024-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2024-04-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-03-08
    SIMENOK, Iryna appointed
    director
  12. 2024-03-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2024-03-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2024-03-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2023-01-17
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  16. 2023-01-17
    📄
    elect-to-keep-the-secretaries-register-information-on-the-public-register
    officers · EH03
  17. 2023-01-17
    📄
    elect-to-keep-the-directors-register-information-on-the-public-register
    officers · EH01
  18. 2023-01-17
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  19. 2023-01-13
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  20. 2023-01-12
    📍
    change-sail-address-company-with-new-address
    address · AD02
  21. 2022-12-19
    🏢
    Company incorporated
    As BURNT HONEY LTD
  22. 2022-12-19
    GILCHRIST, Jesse Benjamin appointed
    director
  23. 2022-12-19
    📄
    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 low
Multiple registered office changes
low

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jesse Benjamin Gilchrist
Individual · British · DOB 01/1985 · age 41
75100%
75–100%board control75-100% shares · 75-100% voting · board control19/12/2022

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
Incorporated2022-12-19
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

1 Woodcott
Bruton
BA10 0NF
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18

Officers (1 active · 1 resigned)

GILCHRIST, Jesse Benjamin
director · ~41y · appointed 2022-12-19
View their other companies + combined net worth →
Active
SIMENOK, Iryna
director · ~33y · appointed 2024-03-08 · resigned 2025-11-01
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
2026-03-13
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-12
termination-director-company-with-name-termination-date
officers · TM01
2025-12-31
gazette-notice-compulsory
gazette · GAZ1
2025-12-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-09
change-person-director-company-with-change-date
officers · CH01
2025-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-31
change-sail-address-company-with-old-address-new-address
address · AD02
2024-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-22
appoint-person-director-company-with-name-date
officers · AP01
2024-03-08
change-person-director-company-with-change-date
officers · CH01
2024-03-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-29