0025 FORE ST REDRUTH CORNWALL (FREEHOLDCO) LIMITED

💤Zombieactive
14845681 · ltd · incorporated 2023-05-04
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.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Lifecycle stage: early → zombie
  • · Investment thesis: stable_asset_backed → zombie_hold
  • · Filings: 13 → 15
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "zombie"
What changed my view
Last 30 days

Mixed signals in the last 30 days — 1 improved, 1 worsened.

  • Lifecycle stage: earlyzombie
  • ·Investment thesis: stable_asset_backedzombie_hold
  • Filings: 1315
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
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 (82/100)

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
15 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£0Apr 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

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

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-05-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2025-12-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-04-28
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2025-01-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-01-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2025-01-06
    DICK, Alastair Peter Orford resigned
    director
  7. 2024-12-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-12-05
    FRANCE, James Anthony appointed
    director
  10. 2024-12-05
    ADEGOKE, Adedotun Ademola resigned
    director
  11. 2024-07-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  12. 2024-03-16
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  13. 2024-01-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2023-05-09
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  15. 2023-05-04
    🏢
    Company incorporated
    As 0025 FORE ST REDRUTH CORNWALL (FREEHOLDCO) LIMITED
  16. 2023-05-04
    ADEGOKE, Adedotun Ademola appointed
    director
  17. 2023-05-04
    DICK, Alastair Peter Orford appointed
    director
  18. 2023-05-04
    📄
    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 ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-04-28: certificate-change-of-name-company

Group structure

Frs Estates Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Frs Estates Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
0025 FORE ST REDRUTH CORNWALL (FREEHOLDCO) LIMITED
This company · 14845681

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Frs Estates Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control · firm interest04/05/2023

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
Incorporated2023-05-04
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Unit A
Brook Park East
Shirebrook
NG20 8RY
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-17
Last: 2026-05-03

Officers (1 active · 2 resigned)

FRANCE, James Anthony
director · ~36y · appointed 2024-12-05
View their other companies + combined net worth →
Active
ADEGOKE, Adedotun Ademola
director · ~53y · appointed 2023-05-04 · resigned 2024-12-05
Resigned
DICK, Alastair Peter Orford
director · ~43y · appointed 2023-05-04 · resigned 2025-01-06
Resigned

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

Recent filings (15 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-11
accounts-with-accounts-type-dormant
accounts · AA
2025-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-06
certificate-change-of-name-company
change-of-name · CERTNM
2025-04-28
termination-director-company-with-name-termination-date
officers · TM01
2025-01-07
accounts-with-accounts-type-dormant
accounts · AA
2025-01-07
appoint-person-director-company-with-name-date
officers · AP01
2024-12-16
termination-director-company-with-name-termination-date
officers · TM01
2024-12-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-03
certificate-change-of-name-company
change-of-name · CERTNM
2024-03-16
change-person-director-company-with-change-date
officers · CH01
2024-01-25
change-account-reference-date-company-current-shortened
accounts · AA01
2023-05-09
incorporation-company
incorporation · NEWINC
2023-05-04