ACUBASE LLP

💤Zombieactive
OC421752 · llp · incorporated 2018-03-29
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 Mar 2025
Net worth
£70.7k
book net assets
Opportunity
61/100
Worth a look
🔔
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Investor take
Special-situation opportunity
Distressed business with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 65/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -87% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 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
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
80
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £70,657
Cash draining
Cash down 87% YoY
Cash YoY
-87%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↓ 87% YoY
Net Worth
£71k
↑ 57% YoY
Current Assets
£74k
↓ 30% YoY
Current Liabilities
£0£21k£42k£63k£84k£106kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£70.7k£45.1k
Current assets£73.8k£105.5k
Cash£1.1k£8.6k
Debtors£72.7k£96.9k
Net assets£70.7k£45.1k

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 (24 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-14
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  3. 2024-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-20
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  5. 2023-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-04-25
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  7. 2022-08-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-05-03
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  9. 2021-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-04-13
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  11. 2020-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-06-10
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  14. 2020-03-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2020-02-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2019-04-16
    📄
    confirmation-statement-with-updates
    confirmation-statement · LLCS01
  17. 2018-05-14
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  18. 2018-05-14
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  19. 2018-04-29
    PALAZZO, Stefano Gianvito Cesare, Dr appointed
    llp-designated-member
  20. 2018-04-29
    PALAZZO, Anne resigned
    llp-designated-member
  21. 2018-03-29
    🏢
    Company incorporated
    As ACUBASE LLP
  22. 2018-03-29
    PALAZZO, Mark, Dr appointed
    llp-designated-member
  23. 2018-03-29
    PALAZZO, Anne appointed
    llp-designated-member
  24. 2018-03-29
    📄
    incorporation-limited-liability-partnership
    incorporation · LLIN01

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

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

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: 2026-04-25

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mark Palazzo
Individual · British · DOB 05/1952 · age 74
25–50%25-50% voting29/03/2018
Anne Palazzo
Individual · British · DOB 03/1959 · age 67
25–50%25-50% voting29/03/2018

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

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
Typellp
Incorporated2018-03-29
Jurisdictionengland-wales
Primary SIC

Registered office

Normanby Gateway
Lysaghts Way
Scunthorpe
North Lincs
DN15 9YG

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-25OVERDUE
Last: 2025-04-11

Officers (2 active · 1 resigned)

PALAZZO, Mark, Dr
llp-designated-member · ~74y · appointed 2018-03-29
View their other companies + combined net worth →
Active
PALAZZO, Stefano Gianvito Cesare, Dr
llp-designated-member · ~40y · appointed 2018-04-29
View their other companies + combined net worth →
Active
PALAZZO, Anne
llp-designated-member · ~67y · appointed 2018-03-29 · resigned 2018-04-29
Resigned

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

Recent filings (19 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-15
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-22
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-17
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-09
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-20
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2020-06-10
gazette-filings-brought-up-to-date
gazette · DISS40
2020-03-07
gazette-notice-compulsory
gazette · GAZ1
2020-02-25