19-21 HIGH ST LTD

💤Zombieactive
14631937 · ltd · incorporated 2023-02-01
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 Mar 2025
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (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: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
77
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees243000

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

🔒Filing-note intelligence

3 signals 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
3
filings
  • 1 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Last 180 days
6
filings
  • 3 persons-with-significant-control
  • 1 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-02-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-02-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-12-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-12-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-06-03
    HANCOCK, Aimee resigned
    director
  7. 2025-06-03
    HANCOCK, David Warren resigned
    director
  8. 2025-06-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-06-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-02-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2024-10-21
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2024-08-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  14. 2024-08-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2024-04-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2023-10-26
    BARKER, Nicolas John Kent resigned
    director
  17. 2023-02-01
    🏢
    Company incorporated
    As 19-21 HIGH ST LTD
  18. 2023-02-01
    THORNE, Matthew Peter appointed
    director
  19. 2023-02-01
    BARKER, Nicolas John Kent appointed
    director
  20. 2023-02-01
    HANCOCK, Aimee appointed
    director
  21. 2023-02-01
    HANCOCK, David Warren appointed
    director
  22. 2023-02-01
    📄
    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 med ·
2 director resignations in last 12 months
medium

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

Evidence: HANCOCK, Aimee resigned 2025-06-03; HANCOCK, David Warren resigned 2025-06-03

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Timothy Lampert
Individual · English · DOB 03/1970 · age 56
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/10/2023
1 historic (ceased) PSC
  • Park 45 Limitedceased 18/11/2024· 50-75% shares · 50-75% voting · board control

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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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
Incorporated2023-02-01
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants

Registered office

19-21 High Street
Salisbury
Wiltshire
SP1 2PB
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31

Officers (1 active · 3 resigned)

THORNE, Matthew Peter
director · ~31y · appointed 2023-02-01
View their other companies + combined net worth →
Active
BARKER, Nicolas John Kent
director · ~62y · appointed 2023-02-01 · resigned 2023-10-26
Resigned
HANCOCK, Aimee
director · ~34y · appointed 2023-02-01 · resigned 2025-06-03
Resigned
HANCOCK, David Warren
director · ~40y · appointed 2023-02-01 · resigned 2025-06-03
Resigned

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

Recent filings (17 total)

change-person-director-company-with-change-date
officers · CH01
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-01
termination-director-company-with-name-termination-date
officers · TM01
2025-06-03
termination-director-company-with-name-termination-date
officers · TM01
2025-06-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
change-account-reference-date-company-previous-extended
accounts · AA01
2024-10-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-08-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-28
termination-director-company-with-name-termination-date
officers · TM01
2024-04-30