ALGARVE PRO RACING LLP

💤Zombieactive
OC436049 · llp · incorporated 2021-03-13
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
year to Mar 2025
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 65/100. Share purchase looks the cleaner deal structure. 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: 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
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
12 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 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
Average employees200200

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 (15 events)Click to expand
  1. 2025-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-25
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  3. 2024-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-21
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  5. 2024-03-21
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  6. 2024-03-21
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  7. 2024-03-21
    📄
    change-to-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC04
  8. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-03-30
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  10. 2022-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-03-16
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  12. 2021-03-13
    🏢
    Company incorporated
    As ALGARVE PRO RACING LLP
  13. 2021-03-13
    COX, Samantha Johanna appointed
    llp-designated-member
  14. 2021-03-13
    COX, Stewart James appointed
    llp-designated-member
  15. 2021-03-13
    📄
    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 5 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

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: 2026-03-26

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stewart James Cox
Individual · British · DOB 03/1970 · age 56
75–100%75-100% voting13/03/2021

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

Similar companies

Active · same sector · WD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
011 PRODUCTIONS LIMITED
06483453 · est 2008 · no financials extracted
18y
1-25 EASTDOWN CT MANAGEMENT LTD
15753300 · est 2024 · no financials extracted
1y
10 RALEIGH CLOSE FREEHOLD LIMITED
06920674 · est 2009 · no financials extracted
16y
10 TO 4 PRODUCTIONS LIMITED
10889499 · est 2017 · no financials extracted
8y
100 PNM LTD
11707961 · est 2018 · no financials extracted
7y
101 MESSINA AVENUE LIMITED
13871153 · est 2022 · no financials extracted
4y
102 BROADWAY LIMITED
10334116 · est 2016 · no financials extracted
9y
102 GREENCROFT GARDENS MANAGEMENT LIMITED
02917964 · est 1994 · no financials extracted
32y
10584982 LIMITED
10584982 · est 2017 · no financials extracted
9y
107 NORTH WESTERN AVENUE (WATFORD) LIMITED
12427793 · est 2020 · no financials extracted
6y
110 TECHNOLOGIES LIMITED
16676996 · est 2025 · no financials extracted
113-123 WATLING STREET COMPANY LIMITED
13562671 · est 2021 · no financials extracted
4y
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
Incorporated2021-03-13
Jurisdictionengland-wales
Primary SIC

Registered office

5 Elstree Gate
Elstree Way
Borehamwood
Hertfordshire
WD6 1JD

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-26OVERDUE
Last: 2025-03-12

Officers (2 active · 0 resigned)

COX, Samantha Johanna
llp-designated-member · ~58y · appointed 2021-03-13
View their other companies + combined net worth →
Active
COX, Stewart James
llp-designated-member · ~56y · appointed 2021-03-13
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-03-21
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2024-03-21
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2024-03-21
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2024-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-15
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-03-16
incorporation-limited-liability-partnership
incorporation · LLIN01
2021-03-13