NEW COLOR ENTERPRISE LTD

🌿Early-stageactive
NI709748 · ltd · incorporated 2024-02-06
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 Feb 2025
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (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, 1 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
5 officers (1 active, 5 linked, 4 with DOB)
86
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
61/100Worth 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
67
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
Metric2025-02-28

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 (20 events)Click to expand
  1. 2025-10-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-12-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2024-10-31
    ANWAR, Shahnaz appointed
    secretary
  4. 2024-10-31
    ANWAR, Shahnaz resigned
    secretary
  5. 2024-10-31
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  6. 2024-10-29
    EATWELL, Leah Anne resigned
    director
  7. 2024-10-29
    GORCZYNSKI, Marcin resigned
    director
  8. 2024-10-29
    GOUGH, Shannon resigned
    director
  9. 2024-10-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-10-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-10-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-10-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2024-10-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2024-10-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2024-02-06
    🏢
    Company incorporated
    As NEW COLOR ENTERPRISE LTD
  16. 2024-02-06
    ZHANG, Xinyi appointed
    director
  17. 2024-02-06
    EATWELL, Leah Anne appointed
    director
  18. 2024-02-06
    GORCZYNSKI, Marcin appointed
    director
  19. 2024-02-06
    GOUGH, Shannon appointed
    director
  20. 2024-02-06
    📄
    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 2.3 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 ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-19

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Xinyi Zhang
Individual · Chinese · DOB 02/2005 · age 21
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/02/2024

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

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
Incorporated2024-02-06
Jurisdictionnorthern-ireland
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

Room 727 100 University Street
Belfast
BT7 1HE
Northern Ireland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-02-19OVERDUE
Last: 2025-02-05

Officers (1 active · 4 resigned)

ZHANG, Xinyi
director · ~21y · appointed 2024-02-06
View their other companies + combined net worth →
Active
ANWAR, Shahnaz
secretary · appointed 2024-10-31 · resigned 2024-10-31
Resigned
EATWELL, Leah Anne
director · ~33y · appointed 2024-02-06 · resigned 2024-10-29
Resigned
GORCZYNSKI, Marcin
director · ~35y · appointed 2024-02-06 · resigned 2024-10-29
Resigned
GOUGH, Shannon
director · ~39y · appointed 2024-02-06 · resigned 2024-10-29
Resigned

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

Recent filings (11 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
termination-secretary-company-with-name-termination-date
officers · TM02
2024-12-05
appoint-person-secretary-company-with-name-date
officers · AP03
2024-10-31
termination-director-company-with-name-termination-date
officers · TM01
2024-10-29
termination-director-company-with-name-termination-date
officers · TM01
2024-10-29
termination-director-company-with-name-termination-date
officers · TM01
2024-10-29
appoint-person-director-company-with-name-date
officers · AP01
2024-10-24
appoint-person-director-company-with-name-date
officers · AP01
2024-10-23
appoint-person-director-company-with-name-date
officers · AP01
2024-10-23
incorporation-company
incorporation · NEWINC
2024-02-06