01909987 LIMITED

💤Zombieactive
01909987 · ltd · incorporated 1985-05-01
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
not disclosed
Net worth
book net assets
Opportunity
59/100
Worth a look
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What this business does
Primary activity: SIC 7415
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 30/100. Strong seller-intent signal (63/100, director aged 86). Asset purchase likely safer than share purchase given structural signals. 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 (38/100). Current lenders should be on monthly review.

Data confidence

Overall: low (46/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
1 filing — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (5 events)Click to expand
  1. 2025-10-29
    📄
    restoration-order-of-court
    restoration · AC92
  2. 1996-10-07
    VAUGHAN, Roger, Dr resigned
    director
  3. 1994-09-16
    MARSH, Alexander James resigned
    director
  4. 1994-06-20
    CHAPMAN, Kenneth Ronald, Dr resigned
    director
  5. 1985-05-01
    🏢
    Company incorporated
    As 01909987 LIMITED

Owner dependency

90/100
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 86 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 86 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
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: 1997-07-30

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

🔒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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated1985-05-01
Jurisdictionengland-wales
Primary SIC7415 — SIC 7415

Registered office

89 Sandyfird Road
Newcastle Upon Tyne
NE99 1PL

Filing status

Accounts
Next due: 1997-07-30OVERDUE
Last made up to:
Confirmation statement
Next due:
Last:

Officers (2 active · 3 resigned)

CALVERT, Neil
secretary
View their other companies + combined net worth →
Active
VAUGHAN, Peter
director · ~86y
View their other companies + combined net worth →
Active
CHAPMAN, Kenneth Ronald, Dr
director · ~87y · resigned 1994-06-20
Resigned
MARSH, Alexander James
director · ~80y · resigned 1994-09-16
Resigned
VAUGHAN, Roger, Dr
director · ~82y · resigned 1996-10-07
Resigned

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

Recent filings (1 total)

restoration-order-of-court
restoration · AC92
2025-10-29