15370950 LIMITED

🌿Early-stageactive
15370950 · ltd · incorporated 2023-12-27
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
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: SIC 20130
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46190Agents involved in the sale of a variety of goods
  • 46450SIC 46450
  • 47750Retail sale of cosmetic and toilet articles in specialised stores
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 58/100 (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: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (69/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth 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
56
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31

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
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-04-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-06-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-06-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-04-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-04-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-04-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2025-04-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2025-04-12
    FARSTAR CPA LTD resigned
    corporate-secretary
  9. 2025-03-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2024-10-28
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  11. 2023-12-27
    🏢
    Company incorporated
    As 15370950 LIMITED
  12. 2023-12-27
    ZHAO, Mingzhu appointed
    director
  13. 2023-12-27
    FARSTAR CPA LTD appointed
    corporate-secretary
  14. 2023-12-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 2.4 years old — management layer unlikely to be developed.

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 high · 1 med · 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: 2026-01-09

Name changed recently
medium

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

Evidence: 2024-10-28: certificate-change-of-name-company

Multiple registered office changes
low

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mingzhu Zhao
Individual · Chinese · DOB 09/1985 · age 41
75100%
75-100% shares27/12/2023

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2023-12-27
Jurisdictionengland-wales
Primary SIC20130 — SIC 20130

Registered office

6 Market St
Hemsworth
WF9 4LA
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-01-09OVERDUE
Last: 2024-12-26

Officers (1 active · 1 resigned)

ZHAO, Mingzhu
director · ~41y · appointed 2023-12-27
View their other companies + combined net worth →
Active
FARSTAR CPA LTD
corporate-secretary · appointed 2023-12-27 · resigned 2025-04-12
Resigned

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

Recent filings (11 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-30
change-person-director-company-with-change-date
officers · CH01
2025-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-17
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-14
accounts-with-accounts-type-dormant
accounts · AA
2025-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-30
certificate-change-of-name-company
change-of-name · CERTNM
2024-10-28
incorporation-company
incorporation · NEWINC
2023-12-27