KORWIND LTD

💤Zombieactive
NI634236 · ltd · incorporated 2015-10-14
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 Oct 2024
Net worth
£122.8k
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. 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 (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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £122,754

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£123k
↑ 17% YoY
Current Assets
£115k
↑ 11% YoY
Current Liabilities
—
£0£25k£49k£74k£98k£123kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£122.8k£105.2k
Current assets£114.8k£103.3k
Net assets£122.8k£105.2k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-07-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2015-10-14
    🏢
    Company incorporated
    As KORWIND LTD
  11. 2015-10-14
    ➕
    PORTER, Elaine Elizabeth appointed
    director
  12. 2015-10-14
    📄
    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.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Elaine Elizabeth Porter
Individual · British · DOB 07/1971 · age 55
75–100%
—75-100% shares06/04/2016

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 →

Similar companies

Active · Professional services · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GOLF HOLDINGS LIMITED→
NI042002 · est 2001
£18.07M
£13.31M–£22.82M
——300024y8880y
MCADAM DESIGN LIMITED→
NI013516 · est 1979
£15.65M
£11.53M–£19.76M
£22.01M—1480047y8861y
DORAN CONSULTING LIMITED→
NI055181 · est 2005
£13.17M
£9.70M–£16.63M
——13621y8565y
COPIUS (NI) LTD→
NI071245 · est 2008
£6.20M
£4.57M–£7.83M
——180017y8575y
B S LIFT LIMITED→
NI067456 · est 2007
£4.43M
£3.26M–£5.59M
——3618y8676y
FIRST CHOICE SELECTION SERVICES LTD→
NI026337 · est 1992
£3.40M
£2.51M–£4.30M
£22.43M—8550034y8769y
VAUGHAN ENGINEERING SERVICES LIMITED→
NI003617 · est 1955
£2.73M
£2.01M–£3.44M
——1200070y8569y
INDUSTRIAL TEMPS LIMITED→
NI029155 · est 1995
£2.68M
£1.97M–£3.38M
£23.87M—12370031y8761y
VALUE VAN RENTAL UK LTD→
NI629512 · est 2015
£1.38M
£1.02M–£1.75M
£2.12M—70011y9158y
MOTIS TOLLS LIMITED→
NI627289 · est 2014
£1.14M
£837.7k–£1.44M
£29.30M—011y9359y
BREEZEMOUNT GROUP LTD→
NI635494 · est 2015
£368.9k
£271.8k–£466.0k
£400.0k—40010y8465y
ENTERPRISE NORTHERN IRELAND LTD→
NI038769 · est 2000
£7.6k
£5.6k–£9.6k
——3225y9464y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2015-10-14
Jurisdictionnorthern-ireland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

20 Gortamney Lane
Tobermore
Magherafelt
County Londonderry
BT45 5PL
United Kingdom

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-18
Last: 2025-10-04

Officers (1 active · 0 resigned)

PORTER, Elaine Elizabeth→
director · ~55y · appointed 2015-10-14
View their other companies + combined net worth →
Active

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

Recent filings (20 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-28
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-28
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-19