7X'N LTD

🌿Early-stageactive
14809137 · ltd · incorporated 2023-04-17
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 Apr 2025
Net worth
£417
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -62% YoY — forensic review of receivables, stock turns, and creditor days. 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £417
Cash draining
Cash down 62% YoY
Cash YoY
-62%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£329
↓ 62% YoY
Net Worth
£417
↑ 259% YoY
Current Assets
£20k
↓ 2.6% YoY
Current Liabilities
£0£4k£8k£12k£17k£21kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets£417£116
Current assets£20.1k£20.6k
Cash£329£865
Debtors£19.8k£19.8k
Net assets£417£116

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 (12 events)Click to expand
  1. 2026-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-11-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-11-06
    📄
    administrative-restoration-company
    restoration · RT01
  5. 2024-09-24
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  6. 2024-07-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-04-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2023-04-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2023-04-18
    CROSSAN, Brian appointed
    director
  10. 2023-04-17
    🏢
    Company incorporated
    As 7X'N LTD
  11. 2023-04-17
    CROSSAN, Joanne Robyn appointed
    director
  12. 2023-04-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-04

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Joanne Robyn Crossan
Individual · Australian · DOB 09/1978 · age 48
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/04/2023
Mr Brian Crossan
Individual · British · DOB 07/1973 · age 53
2550%
25–50%25-50% shares · 25-50% voting20/04/2023

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

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
Incorporated2023-04-17
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

4 Rural Way
Merton
London
SW16 6PF

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-04OVERDUE
Last: 2025-04-20

Officers (2 active · 0 resigned)

CROSSAN, Brian
director · ~53y · appointed 2023-04-18
View their other companies + combined net worth →
Active
CROSSAN, Joanne Robyn
director · ~48y · appointed 2023-04-17
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
administrative-restoration-company
restoration · RT01
2024-11-06
gazette-dissolved-compulsory
gazette · GAZ2
2024-09-24
gazette-notice-compulsory
gazette · GAZ1
2024-07-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-04-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-20
appoint-person-director-company-with-name-date
officers · AP01
2023-04-19
incorporation-company
incorporation · NEWINC
2023-04-17