1NA (OLIVE GROVE) LIMITED

💤Zombieactive
14638599 · ltd · incorporated 2023-02-03
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
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Turnover
year to Feb 2025
Net worth
£-5.3k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 75/100. 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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

3 live charges · oldest 2.0y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.0 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
9 filings
60
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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £5,259

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£5k
↓ 110% YoY
Current Assets
£2.4m
↑ 356% YoY
Current Liabilities
-£5k£475k£955k£1.4m£1.9m£2.4mFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-29
Total assets£817.5k£36.1k
Current assets£2.40M£525.5k
Net assets£-5.3k£-2.5k

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
2
filings
  • 1 mortgage
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-03-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-02-27
    🔒
    Charge registered #3
    Lender: Hbb Bridging Loans Limited
  3. 2025-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-04-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-04-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-04-09
    🔒
    Charge registered #2
    Lender: Hbb Bridging Loans Limited
  8. 2024-04-09
    🔒
    Charge registered #1
    Lender: Hbb Bridging Loans Limited
  9. 2023-02-03
    🏢
    Company incorporated
    As 1NA (OLIVE GROVE) LIMITED
  10. 2023-02-03
    ALEXANDER, Nicholas John appointed
    director
  11. 2023-02-03
    📄
    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 Nicholas John Alexander
Individual · British · DOB 07/1975 · age 51
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/02/2023

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

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
Incorporated2023-02-03
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

3 - 5 College Street
Nottingham
NG1 5AQ
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (1 active · 0 resigned)

ALEXANDER, Nicholas John
director · ~51y · appointed 2023-02-03
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Hbb Bridging Loans
Hbb Bridging Loans Limited
A registered charge1 property27/02/2026
outstanding
Hbb Bridging Loans
Hbb Bridging Loans Limited
A registered charge09/04/2024
outstanding
Hbb Bridging Loans
Hbb Bridging Loans Limited
A registered charge2 properties09/04/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (9 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-30
incorporation-company
incorporation · NEWINC
2023-02-03