PARADIGMREYES 1 LLP

💤Zombieactive
NC000376 · llp · incorporated 2008-03-28
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
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

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, no SIC, incorporation date
80
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
80
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
Metric2025-04-30
Average employees0

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2026-04-22
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  2. 2026-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-04-07
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  4. 2025-04-07
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  5. 2025-02-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-04-07
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  7. 2024-02-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-03-28
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  9. 2023-03-28
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  10. 2023-03-28
    📄
    change-to-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC04
  11. 2023-02-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-03-28
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  13. 2022-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-03-28
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  16. 2020-04-08
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  17. 2020-02-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-04-01
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  19. 2019-02-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-03-28
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  21. 2018-02-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2017-04-05
    📄
    confirmation-statement-with-updates
    confirmation-statement · LLCS01
  23. 2017-02-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  24. 2016-03-31
    📄
    annual-return-limited-liability-partnership-with-made-up-date
    annual-return · LLAR01
  25. 2016-02-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  26. 2010-04-16
    ➖
    HICHENS, William Thomas resigned
    llp-designated-member
  27. 2008-03-28
    🏢
    Company incorporated
    As PARADIGMREYES 1 LLP
  28. 2008-03-28
    ➕
    ARMSTRONG, Richard William Robert appointed
    llp-designated-member
  29. 2008-03-28
    ➕
    ARMSTRONG, William Ernest Ashley appointed
    llp-designated-member
  30. 2008-03-28
    ➕
    HICHENS, William Thomas appointed
    llp-designated-member
  31. 2008-03-28
    ➕
    C.S. SECRETARIAL SERVICES LTD appointed
    corporate-llp-designated-member
  32. 2008-03-28
    ➖
    C.S. SECRETARIAL SERVICES LTD resigned
    corporate-llp-designated-member
  33. 2008-03-28
    ➕
    CS DIRECTOR SERVICES LIMITED appointed
    corporate-llp-designated-member
  34. 2008-03-28
    ➖
    CS DIRECTOR SERVICES LIMITED resigned
    corporate-llp-designated-member

Owner dependency

50/100
Moderate — manageable with handover

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

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.

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
NameSharesVoting rightsNature of controlNotified
Mr William Ernest Ashley Armstrong
Individual · British · DOB 02/1953 · age 73
——sig. influencesignificant influence06/04/2016

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 →
🔒Tailored diligence questions

6 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
Typellp
Incorporated2008-03-28
Jurisdictionnorthern-ireland
Primary SIC—

Registered office

392 Upper Newtownards Road
Belfast
BT4 3EY

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-11
Last: 2026-03-28

Officers (2 active · 3 resigned)

ARMSTRONG, Richard William Robert→
llp-designated-member · ~46y · appointed 2008-03-28
View their other companies + combined net worth →
Active
ARMSTRONG, William Ernest Ashley→
llp-designated-member · ~73y · appointed 2008-03-28
View their other companies + combined net worth →
Active
HICHENS, William Thomas→
llp-designated-member · ~53y · appointed 2008-03-28 · resigned 2010-04-16
Resigned
C.S. SECRETARIAL SERVICES LTD→
corporate-llp-designated-member · appointed 2008-03-28 · resigned 2008-03-28
Resigned
CS DIRECTOR SERVICES LIMITED→
corporate-llp-designated-member · appointed 2008-03-28 · resigned 2008-03-28
Resigned

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

Recent filings (48 total)

confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-04-07
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2025-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-03
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-15
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-03-28
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2023-03-28
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2023-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-01
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-03-28