WULSTAN CAPITAL UK OPPORTUNITIES (NO 2) LLP
💤Zombieactive
OC389320 · llp · incorporated 2013-11-20
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
58/100
Worth a look
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 58/100 (worth a look), bankability 55/100. Asset purchase likely safer than share purchase given structural signals. 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: strategic trade sale (63/100).
🏦
Refinance opportunity
9 live charges · 2 lenders · oldest 12.1y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 12.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
6 officers (5 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
46 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
2 years extracted from filed iXBRL accountsCash
£42k
↓ 1.2% YoY
Net Worth
—
Current Assets
£159k
↑ 208% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-05 | 2024-04-05 |
|---|---|---|
| Total assets | £1.29M | £1.46M |
| Current assets | £158.5k | £51.4k |
| Cash | £41.7k | £42.2k |
| Debtors | £116.8k | £9.2k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2025-07-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-04📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-10-11📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2024-10-11🔓Charge satisfied #9
- 2024-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-24📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2024-04-24🔓Charge satisfied #5
- 2024-01-02📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2024-01-02🔓Charge satisfied #7
- 2023-11-20📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-08-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-23📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-08-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-15📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-02-15🔓Charge satisfied #6
- 2021-12-03📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-24📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2020-07-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-05📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2019-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-21📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2018-07-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-17📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2018-04-12🔒Charge registered #9Lender: Lloyds Bank PLC
- 2018-01-25📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2018-01-24📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2018-01-09📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2018-01-04🔒Charge registered #8Lender: Lloyds Bank PLC Company Number 2065
- 2017-12-04📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2017-08-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-24🔒Charge registered #7Lender: Lloyds Bank PLC
- 2016-02-23🔒Charge registered #6Lender: Lloyds Bank PLC
- 2016-02-23🔒Charge registered #5Lender: Lloyds Bank PLC
- 2014-07-10🔒Charge registered #4Lender: Lloyds Bank PLC
- 2014-05-15🔒Charge registered #3Lender: Lloyds Bank PLC
- 2014-05-09➕CHIPPING, David Frederick appointedllp-designated-member
- 2014-05-09➕MARTIN, Ivan appointedllp-designated-member
- 2014-05-09➕MONKLAND, Susan Mildmay appointedllp-designated-member
- 2014-05-09➕WELLS, Oliver Reginald appointedllp-designated-member
- 2014-05-09➖WULSTAN MANAGEMENT LIMITED resignedcorporate-llp-designated-member
- 2014-05-09🔒Charge registered #2Lender: Lloyds Bank PLC
- 2014-05-09🔒Charge registered #1Lender: Lloyds Bank PLC
- 2013-11-20🏢Company incorporatedAs WULSTAN CAPITAL UK OPPORTUNITIES (NO 2) LLP
- 2013-11-20➕JONES, Rupert Edward appointedllp-designated-member
- 2013-11-20➕WULSTAN MANAGEMENT LIMITED appointedcorporate-llp-designated-member
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 high · 1 med · 1 lowConfirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-12-04
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Rupert Edward Jones Individual · British · DOB 09/1976 · age 50 | — | — | sig. influencesignificant influence | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · CV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST WHEEL LTD→ 12142439 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 2 SISTERS INTERIORS LIMITED→ 09474774 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 2-TONE CENTRAL LTD→ 07357857 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 2020 DC LIMITED→ 15642042 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 22 COTEN END MANAGEMENT COMPANY LIMITED→ 10786880 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 247 TYRE CARE LTD→ 16177411 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 25 CHURCH ROAD MANAGEMENT CO LTD→ 15842381 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 26 CLARENDON SQUARE MANAGEMENT COMPANY LIMITED→ 06325838 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 27 CLARENDON SQUARE (MANAGEMENT) LIMITED→ 03908074 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| 28 JUNE LIMITED→ 06021867 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 29S PROPERTIES LTD→ 15992155 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2M INVESTMENT LIMITED→ 15551659 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Typellp
Incorporated2013-11-20
Jurisdictionengland-wales
Primary SIC—
Registered office
One Eastwood Harry Weston Road
Binley Business Park
Coventry
West Midlands
CV3 2UB
England
Filing status
Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2025-12-04OVERDUE
Last: 2024-11-20
Officers (5 active · 1 resigned)
CHIPPING, David Frederick→
Activellp-designated-member · ~77y · appointed 2014-05-09
View their other companies + combined net worth →
JONES, Rupert Edward→
Activellp-designated-member · ~50y · appointed 2013-11-20
View their other companies + combined net worth →
MARTIN, Ivan→
Activellp-designated-member · ~71y · appointed 2014-05-09
View their other companies + combined net worth →
MONKLAND, Susan Mildmay→
Activellp-designated-member · ~75y · appointed 2014-05-09
View their other companies + combined net worth →
WELLS, Oliver Reginald→
Activellp-designated-member · ~71y · appointed 2014-05-09
View their other companies + combined net worth →
WULSTAN MANAGEMENT LIMITED→
Resignedcorporate-llp-designated-member · appointed 2013-11-20 · resigned 2014-05-09
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
5
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 12/04/2018 | 11/10/2024 | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC Company Number 2065 | A registered charge | 1 property | 04/01/2018 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 24/06/2016 | 02/01/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 23/02/2016 | 15/02/2022 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 23/02/2016 | 24/04/2024 | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 10/07/2014 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 15/05/2014 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 09/05/2014 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 09/05/2014 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-22
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-12-04
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2024-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-08
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2024-04-24
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2024-01-02
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-14
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-04
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2022-02-15
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2020-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-27