48 - 50 WELLS STREET LLP
💤Zombieactive
OC427725 · llp · incorporated 2019-06-18
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
—
book net assets
Opportunity
71/100
Strong
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 6.2y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.2 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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 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
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
£120
↑ 111% YoY
Net Worth
—
Current Assets
£118k
↑ 77% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £2.48M | £2.48M |
| Current assets | £118.2k | £66.7k |
| Cash | £120 | £57 |
| Debtors | £118.1k | £66.6k |
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
1
filing
- • 1 mortgage
Last 180 days
2
filings
- • 1 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-03-13📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2026-03-13🔓Charge satisfied #1
- 2026-02-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-07📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-19📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-03📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-03-23📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2023-03-23📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2022-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-29📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-03-28📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-03-23📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-03-17🔒Charge registered #3Lender: Eurobank Cyprus LTD
- 2022-03-17🔒Charge registered #2Lender: Eurobank Cyprus LTD
- 2022-03-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-04📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2022-02-04📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2021-07-29📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-03-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-15📄change-account-reference-date-limited-liability-partnership-previous-shortenedaccounts · LLAA01
- 2020-07-24📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2020-04-14📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2020-04-08🔒Charge registered #1Lender: Cynergy Bank Limited
- 2019-06-18🏢Company incorporatedAs 48 - 50 WELLS STREET LLP
- 2019-06-18➕POLYCARPOU, George John appointedllp-designated-member
- 2019-06-18➕POLYCARPOU, Maria Zenonos appointedllp-designated-member
- 2019-06-18📄incorporation-limited-liability-partnershipincorporation · LLIN01
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr George John Polycarpou Individual · British · DOB 10/1988 · age 38 | — | 25–50% | 25-50% voting | 18/06/2019 |
Mrs Maria Zenonos Polycarpou Individual · British · DOB 03/1978 · age 48 | — | 25–50% | 25-50% voting | 18/06/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · N postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1212. COM LIMITED→ 03563525 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| 129 HUDDLESTON ROAD MANAGEMENT COMPANY LIMITED→ 10754078 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 13 CLIFTON ROAD RTM COMPANY LIMITED→ 06650963 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 13 CLYDE CIRCUS LTD→ 14422580 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 13 FRANKLIN STREET LTD→ 11347521 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 13 GROVELANDS N13 LIMITED→ 15112122 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 13 HARECOURT ROAD LIMITED→ 02818941 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| 130YKINVEST LTD→ 17118230 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 131 HORNSEY ROAD LIMITED→ 05799607 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 132 BISHOP'S ROAD INVEST LTD→ 14614072 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 133 HIGHBURY NEW PARK LIMITED→ 02806608 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| 133 MILDMAY ROAD LIMITED→ 02093438 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
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
Incorporated2019-06-18
Jurisdictionengland-wales
Primary SIC—
Registered office
1 Kings Avenue
London
N21 3NA
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-01
Last: 2025-06-17
Officers (2 active · 0 resigned)
POLYCARPOU, George John→
Activellp-designated-member · ~38y · appointed 2019-06-18
View their other companies + combined net worth →
POLYCARPOU, Maria Zenonos→
Activellp-designated-member · ~48y · appointed 2019-06-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Eurobank Cyprus Eurobank Cyprus LTD | A registered charge | 5 properties | 17/03/2022 | — | |
| outstanding | Eurobank Cyprus Eurobank Cyprus LTD | A registered charge | 5 properties | 17/03/2022 | — | |
| satisfied | Cynergy Bank Cynergy Bank Limited | A registered charge | 5 properties | 08/04/2020 | 13/03/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (22 total)
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2026-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-05
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-31
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-07-03
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2023-03-23
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2023-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-06-29
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2022-03-28
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2022-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-16
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2022-02-04