HEXAGOL SPORT 4 ALL LTD

💤Zombieactive
SC623260 · ltd · incorporated 2019-03-05
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2023
Net worth
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
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 2022Mar 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-03-312022-03-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 gazette
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-03-31
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2024-07-09
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2024-05-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2023-12-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-09-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-08-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2022-06-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2022-05-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2022-01-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-04-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-03-05
    🏢
    Company incorporated
    As HEXAGOL SPORT 4 ALL LTD
  12. 2019-03-05
    BROWN, James Robert appointed
    director
  13. 2019-03-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2024-12-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-03-18

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr James Robert Brown
Individual · British · DOB 01/1961 · age 65
75100%
75-100% shares05/03/2019

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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.

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Company details

Statusactive
Typeltd
Incorporated2019-03-05
Jurisdictionscotland
Primary SIC93130 — Fitness facilities

Registered office

The Westsider 2 Westside Plaza
The Westsider, 2 Westside Plaza
Edinburgh
EH14 2SW
Scotland

Filing status

Accounts
Next due: 2024-12-31OVERDUE
Last made up to: 2023-03-31
Confirmation statement
Next due: 2025-03-18OVERDUE
Last: 2024-03-04

Officers (1 active · 0 resigned)

BROWN, James Robert
director · ~65y · appointed 2019-03-05
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-29
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-07-09
gazette-notice-compulsory
gazette · GAZ1
2024-05-28
accounts-with-accounts-type-dormant
accounts · AA
2023-12-20
accounts-with-accounts-type-dormant
accounts · AA
2023-09-01
gazette-filings-brought-up-to-date
gazette · DISS40
2023-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-08
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-06-14
gazette-notice-compulsory
gazette · GAZ1
2022-05-24
accounts-with-accounts-type-dormant
accounts · AA
2022-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-11
accounts-with-accounts-type-dormant
accounts · AA
2021-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-13