11 RECRUITMENT GROUP LTD

🌿Early-stageactive
14691640 · ltd · incorporated 2023-02-27
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£-2.9k
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 60/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (68/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
18 connected companies via shared directors
90
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £2,936
Very low cash
Cash position: £54

Key financials

1 year extracted from filed iXBRL accounts
Cash
£54
Net Worth
-£3k
Current Assets
£64
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Total assets£-2.9k
Current assets£64
Cash£54
Debtors£10
Net assets£-2.9k

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

🔒Filing-note intelligence

2 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-09-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2025-02-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-10-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-06-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-05-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2024-05-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-05-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-05-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-05-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-05-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2024-05-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-05-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2023-02-27
    🏢
    Company incorporated
    As 11 RECRUITMENT GROUP LTD
  15. 2023-02-27
    CURTIS, Joseph appointed
    director
  16. 2023-02-27
    FORSDYKE, David John appointed
    director
  17. 2023-02-27
    RAWSTRON, Charles appointed
    director
  18. 2023-02-27
    SELLERS, Andrew James appointed
    director
  19. 2023-02-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

40/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-11

Multiple registered office changes
low

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

🔒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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119 ST GEORGES ROAD MANAGEMENT COMPANY LIMITED
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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
Incorporated2023-02-27
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Formal House
60 St. Georges Place
Cheltenham
GL50 3PN
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-03-11OVERDUE
Last: 2025-02-25

Officers (4 active · 0 resigned)

CURTIS, Joseph
director · ~43y · appointed 2023-02-27
View their other companies + combined net worth →
Active
FORSDYKE, David John
director · ~50y · appointed 2023-02-27
View their other companies + combined net worth →
Active
RAWSTRON, Charles
director · ~41y · appointed 2023-02-27
View their other companies + combined net worth →
Active
SELLERS, Andrew James
director · ~38y · appointed 2023-02-27
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-02
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-07-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-03
change-person-director-company-with-change-date
officers · CH01
2025-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-24
gazette-filings-brought-up-to-date
gazette · DISS40
2024-06-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-03
gazette-notice-compulsory
gazette · GAZ1
2024-05-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-13
change-person-director-company-with-change-date
officers · CH01
2024-05-13
change-person-director-company-with-change-date
officers · CH01
2024-05-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-13
change-person-director-company-with-change-date
officers · CH01
2024-05-13
change-person-director-company-with-change-date
officers · CH01
2024-05-13
change-person-director-company-with-change-date
officers · CH01
2024-05-13