BREAK OFF MARK II LLP

💤Zombieactive

OC430048 · llp · incorporated 2019-12-18

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

£1.02M

book net assets

Opportunity

70/100

Strong

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Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -40% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, no SIC, incorporation date

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

21 officers (19 active, 21 linked, 15 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

43 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £1,017,085

Net assets shrinking

Down £305,971 YoY

Cash draining

Cash down 40% YoY

Cash YoY

-40%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£625

↓ 40% YoY

Net Worth

£1.0m

↓ 23% YoY

Current Assets

£26k

↓ 98% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£1.02M	£1.30M
Current assets	£26.0k	£1.30M
Cash	£625	£1.0k
Debtors	£25.4k	£2.8k
Net assets	£1.02M	£1.32M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filings

Last 90 days

filings

Last 180 days

filings

• 4 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (49 events)Click to expand

2026-04-20
📄
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-04-19
📄
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2026-04-19
📄
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2026-04-19
📄
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2026-04-19
📄
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2025-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-10
📍
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2024-12-19
📄
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-12-01
➖
DAVIS, Taylor resigned
llp-member
2024-12-01
➖
HUTASUWAN, Araya resigned
llp-member
2024-12-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-01
📄
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2024-12-01
📄
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2023-12-17
📄
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-12-13
📄
appoint-corporate-member-limited-liability-partnership-with-appointment-date
officers · LLAP02
2023-12-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-04
➕
CELAYA KAPITAL, LLC appointed
corporate-llp-member
2022-12-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-20
📄
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2022-12-17
📄
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-04-23
📄
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2022-04-23
📄
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2021-12-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
📄
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-12-22
📄
appoint-corporate-member-limited-liability-partnership-with-appointment-date
officers · LLAP02
2021-12-22
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2021-12-22
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2021-12-22
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2021-12-15
➕
GADIT, Mohsin appointed
llp-member
2021-12-15
➕
KANG, Ho Keun appointed
llp-member
2021-12-15
➕
THADANI, Shabad Suresh appointed
llp-member
2021-12-15
➕
EINIBER EHF appointed
corporate-llp-member
2021-09-16
➕
CELAYA MARTINEZ, Ricardo Andres appointed
llp-designated-member
2021-09-16
➕
CELAYA MARTINEZ, Victor Hugo appointed
llp-member
2021-09-16
➕
DAVIS, Taylor appointed
llp-member
2021-09-16
➕
HUTASUWAN, Araya appointed
llp-member
2021-04-26
➕
DELL, Michael James appointed
llp-member
2021-04-26
➕
PATAMASATAYASONTHI, Ekaridhi appointed
llp-member
2021-04-26
➕
WELLS, Guy Joseph appointed
llp-member
2021-04-26
➕
WILLIAMS, Evan Laurence appointed
llp-member
2021-02-15
➕
KAMKAR, Shervin appointed
llp-member
2020-03-10
➕
CONACHER, Robert John appointed
llp-member
2020-03-10
➕
AIRLIE VENTURES appointed
corporate-llp-member
2020-03-10
➕
HIC SUNT DRACONES LIMITED appointed
corporate-llp-member
2020-03-10
➕
ROCKRIVER GMBH appointed
corporate-llp-member
2020-03-10
➕
WILMORE VENTURES appointed
corporate-llp-member
2019-12-18
🏢
Company incorporated
As BREAK OFF MARK II LLP
2019-12-18
➕
LEAHY, Robert John appointed
llp-designated-member
2019-12-18
➕
MAGOFFIN, Hamish Reginald appointed
llp-designated-member

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

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Hamish Reginald Magoffin Individual · Australian · DOB 03/1984 · age 42	—	—	control reported	18/12/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · same sector · OX postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
46, WELLS ROAD, BATH MANAGEMENT COMPANY LIMITED→ 02699688 · est 1992 · no financials extracted	—	—	—	—	34y	—	—
ABINGDON THERAPY AND MEDIATION SERVICE C.I.C.→ 17113875 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ACHIEVE INTELLIGENCE LTD→ 11210268 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
ACUMEN PROPERTY MANAGEMENT LTD→ 13592375 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
ADAMS PLUMBING AND HEATING LIMITED→ 13925551 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
ADAMSD CONSULTING LTD→ 14766630 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ADB ADVISORY LIMITED→ 11962220 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ADEZ LIMITED→ 15198454 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ADOLCARE SERVICE LIMITED→ 12182836 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ADP STUDIO LTD→ 16710095 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ADVANCED MEASUREMENT GROUP HOLDINGS LTD→ 16268171 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ADVANCED SAFETY RESPONSE LTD.→ 08899006 · est 2014 · no financials extracted	—	—	—	—	12y	—	—

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

Incorporated2019-12-18

Jurisdictionengland-wales

Primary SIC—

Registered office

57 Stanley Road

Oxford

OX4 1QY

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-31

Last: 2025-12-17