ETHICAL 2023 PROJECTS LLP

💤Zombieactive

OC447628 · llp · incorporated 2023-06-05

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.

Why now

Window steady · medium confidence

Thesis has shifted recently — watch for confirmation.

· Lifecycle stage: early → zombie
· Investment thesis: growth_story → zombie_hold

Opportunity decay

drifting distress · 6-months

Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.

· Lifecycle stage drifting downward
· Currently "zombie"

What changed my view

Last 30 days

Picture worsened over the last 30 days — 1 negative signal vs 0 positive.

↓Lifecycle stage: early → zombie
·Investment thesis: growth_story → zombie_hold

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

68/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

Investor take

Pursue

Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

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

Financials

No iXBRL financials extracted

Lenders & charges

Confirmed no charges registered

Directors & officers

20 officers (20 active, 20 linked, 18 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

24 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

68/100Strong

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.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 officers

Counts from Companies House filing history.

Corporate timeline (45 events)Click to expand

2026-04-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-05
📄
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2025-06-30
📄
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-03-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-18
📄
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-corporate-member-limited-liability-partnership-with-appointment-date
officers · LLAP02
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
📄
appoint-corporate-member-limited-liability-partnership-with-appointment-date
officers · LLAP02
2023-08-11
📄
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-10
➕
ASHWORTH, Dalene appointed
llp-member
2023-08-10
➕
BAIRD, Annabelle Clare appointed
llp-member
2023-08-10
➕
BLAKE, Deirdre Ellen appointed
llp-member
2023-08-10
➕
BROWNE, Jennifer Mary appointed
llp-member
2023-08-10
➕
BROWNE, Richard David appointed
llp-member
2023-08-10
➕
DEMEURE, Thomas appointed
llp-member
2023-08-10
➕
EVANS, Jane Tracey Marie appointed
llp-member
2023-08-10
➕
HEATH, Julia, Dr appointed
llp-member
2023-08-10
➕
HOWELL, Steve appointed
llp-member
2023-08-10
➕
HUBBLE, Shoonagh Jane appointed
llp-member
2023-08-10
➕
KENDALL, Steve appointed
llp-member
2023-08-10
➕
O'CONNELL, Patrick appointed
llp-member
2023-08-10
➕
SPALTER, Simon appointed
llp-member
2023-08-10
➕
SPALTER, Vanessa Rosalind appointed
llp-member
2023-08-10
➕
STUBER, Louisa Josephine appointed
llp-member
2023-08-10
➕
SWAN, Dominic Noel appointed
llp-member
2023-08-10
➕
HUBBLEONE INVESTMENTS LIMITED appointed
corporate-llp-member
2023-08-10
➕
JASPER TRADING (UK) LIMITED appointed
corporate-llp-member
2023-06-05
🏢
Company incorporated
As ETHICAL 2023 PROJECTS LLP
2023-06-05
➕
EVANS, Matthew Benedict appointed
llp-designated-member
2023-06-05
➕
SPACEY, Douglas Richard appointed
llp-designated-member
2023-06-05
📄
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

clean

No 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 Matthew Benedict Evans Individual · British · DOB 02/1965 · age 61	—	25–50%	25-50% voting	05/06/2023
Mr Douglas Richard Spacey Individual · British · DOB 08/1972 · age 54	—	25–50%	25-50% voting	05/06/2023

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

Similar companies

Active · same sector · SL postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
56 STREET LTD→ 07929953 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
58-60 LEACHCROFT LIMITED→ 14585138 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
5AAB SPORTS LIMITED→ 13394813 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
63 & 65 GORDON ROAD LIMITED→ 13321948 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
65PR LTD→ 12994946 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
66-68 LEACHCROFT LIMITED→ 14585139 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
6A INVERNESS ROAD LTD→ 17085144 · est 2026 · no financials extracted	—	—	—	—	—	—	—
7 DAYS FOOD & WINE LIMITED→ 07906614 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
7 STAR CAR SALES (UK) LIMITED→ 07508722 · est 2011 · no financials extracted	—	—	—	—	15y	—	—
7 STAR LONDON LTD→ 11900312 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
7 STAR SUPER MARKET LTD→ 12973915 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
713N PROPERTIES LIMITED→ 04161050 · est 2001 · no financials extracted	—	—	—	—	25y	—	—

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

Incorporated2023-06-05

Jurisdictionengland-wales

Primary SIC—

Registered office

Little Titlarks 166 Chobham Road

Sunningdale

Ascot

Berkshire

SL5 0HU

England

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-06-18

Last: 2025-06-04