ARICOM SATELLITE LIMITED

💤Zombieactive
SC678887 · ltd · incorporated 2020-10-27
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
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Turnover
year to Oct 2022
Net worth
£2.2k
book net assets
Opportunity
53/100
Worth a look
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What this business does
Primary activity: Other human health activities
Sector: Human health & social work
ALSO REGISTERED FOR
  • 87200Residential care activities for learning difficulties, mental health and substance abuse
Investor take
Special-situation opportunity
Distressed healthcare with salvageable qualities — special-situations priority.

Opportunity 53/100 (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: strategic trade sale (40/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (78/100)

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

Company profile
address, 2 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
Network not yet resolved
30
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth 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
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,243

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↑ 1311% YoY
Current Assets
£2
↓ 94% YoY
Current Liabilities
£0£449£897£1k£2k£2kOct 2021Oct 2022

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2022-10-312021-10-31
Total assets£2.2k£159
Current assets£2£35
Net assets£2.2k£159

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-02-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2024-12-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2023-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-02-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2022-02-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-01-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2020-10-27
    🏢
    Company incorporated
    As ARICOM SATELLITE LIMITED
  10. 2020-10-27
    OKEKE, Arinze Henry appointed
    director
  11. 2020-10-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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: 2024-10-31

Confirmation statement overdue
high

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

Evidence: Next due: 2025-11-09

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Arinze Henry Okeke
Individual · British · DOB 05/1974 · age 52
75100%
75–100%board control75-100% shares · 75-100% voting · board control27/10/2020

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2020-10-27
Jurisdictionscotland
Primary SIC86900 — Other human health activities

Registered office

3 Beechgrove Avenue
Uddingston
Glasgow
G71 5DU
Scotland

Filing status

Accounts
Next due: 2024-10-31OVERDUE
Last made up to: 2022-10-31
Confirmation statement
Next due: 2025-11-09OVERDUE
Last: 2024-10-26

Officers (1 active · 0 resigned)

OKEKE, Arinze Henry
director · ~52y · appointed 2020-10-27
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
gazette-notice-compulsory
gazette · GAZ1
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
gazette-filings-brought-up-to-date
gazette · DISS40
2022-02-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-23
gazette-notice-compulsory
gazette · GAZ1
2022-01-11
incorporation-company
incorporation · NEWINC
2020-10-27