48SQUARED LLP

💤Zombieactive
OC422947 · llp · incorporated 2018-06-13
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
not disclosed
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
80
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-27
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  3. 2025-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-06-12
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  5. 2024-03-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-06-26
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  7. 2023-06-15
    📍
    change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
    address · LLAD01
  8. 2023-06-15
    📍
    change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
    address · LLAD01
  9. 2023-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-06-13
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  11. 2022-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-01-24
    📄
    change-account-reference-date-limited-liability-partnership-previous-shortened
    accounts · LLAA01
  13. 2021-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-06-14
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  15. 2020-06-09
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  16. 2020-03-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-12-06
    📍
    change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
    address · LLAD01
  18. 2019-07-31
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  19. 2018-07-30
    📍
    change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
    address · LLAD01
  20. 2018-06-13
    🏢
    Company incorporated
    As 48SQUARED LLP
  21. 2018-06-13
    SMITH, Andrew Robert appointed
    llp-designated-member
  22. 2018-06-13
    WITHEY, Jacqueline Denise appointed
    llp-designated-member
  23. 2018-06-13
    📄
    incorporation-limited-liability-partnership
    incorporation · LLIN01

Owner dependency

55/100
Moderate — manageable with handover

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

FACTORS
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100
Weak signal

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

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
Miss Jacqueline Denise Withey
Individual · British · DOB 08/1962 · age 64
75–100%75-100% voting13/06/2018

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

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
Incorporated2018-06-13
Jurisdictionengland-wales
Primary SIC

Registered office

45 Magpie Meadows
Caddington
Bedfordshire
LU1 4FU
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-23
Last: 2025-06-09

Officers (2 active · 0 resigned)

SMITH, Andrew Robert
llp-designated-member · ~60y · appointed 2018-06-13
View their other companies + combined net worth →
Active
WITHEY, Jacqueline Denise
llp-designated-member · ~64y · appointed 2018-06-13
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)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-07
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-07
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-06-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-07
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-06-26
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2023-06-15
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2023-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-28
change-account-reference-date-limited-liability-partnership-previous-shortened
accounts · LLAA01
2022-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-22
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-06-14
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2020-06-09