01970767 LIMITED

💤Zombieactive
01970767 · ltd · incorporated 1985-12-13
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 2015
Net worth
book net assets
Opportunity
43/100
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 43/100 (watch), bankability 2/100. Strong seller-intent signal (63/100, director aged 82). 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: asset disposal / carve-out (80/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

5 live charges · 5 lenders · oldest 40.1y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 40.1 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (63/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
43/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
15
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
20
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · UK GAAP
Metric2015-03-31

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 (34 events)Click to expand
  1. 2022-04-19
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2022-04-19
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2017-01-06
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  4. 2017-01-06
    🏁
    Company dissolved
  5. 2016-10-06
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting
    insolvency · 4.72
  6. 2015-09-25
    ⚠️
    liquidation-voluntary-statement-of-affairs-with-form-attached
    insolvency · 4.20
  7. 2015-09-25
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  8. 2015-09-25
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2015-09-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2015-09-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2014-12-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2014-10-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-05-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2014-05-15
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  15. 2014-05-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2014-05-14
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  17. 2014-02-24
    📄
    mortgage-create-with-deed-with-charge-number
    mortgage · MR01
  18. 2014-02-24
    🔒
    Charge registered #5
    Lender: Royston Westley Hooper
  19. 2013-12-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2013-09-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2012-10-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2012-09-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2011-11-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  24. 2011-09-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  25. 2010-10-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  26. 2010-09-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  27. 2010-09-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  28. 2010-07-02
    HOOPER, Gillian May appointed
    secretary
  29. 2010-07-02
    PEDLEY, Malcolm Arthur resigned
    secretary
  30. 2006-01-26
    🔒
    Charge registered #4
    Lender: Rbs Invoice Finance Limited
  31. 1987-03-20
    🔒
    Charge registered #3
    Lender: Hooper Engineering Products Limited
  32. 1987-02-20
    🔒
    Charge registered #2
    Lender: Royston Wesley Hooper
  33. 1986-02-28
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  34. 1985-12-13
    🏢
    Company incorporated
    As 01970767 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 82 — 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 82 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 40 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high · 1 med · 1 low
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: 2016-12-31

Confirmation statement overdue
high

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

Evidence: Next due: 2016-09-09

4 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2017-01-06: gazette-dissolved-liquidation; 2016-10-06: liquidation-voluntary-creditors-return-of-final-meeting

Has insolvency history
medium

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

5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒Co-director network graph

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

Available from the Pro tier upwards.

See pricing →

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

14 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
Typeltd
Incorporated1985-12-13
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990

Registered office

79 Caroline Street
Birmingham
B3 1UP

Filing status

Accounts
Next due: 2016-12-31OVERDUE
Last made up to: 2015-03-31
Confirmation statement
Next due: 2016-09-09OVERDUE
Last:

Officers (2 active · 1 resigned)

HOOPER, Gillian May
secretary · appointed 2010-07-02
View their other companies + combined net worth →
Active
HOOPER, Royston Wesley
director · ~82y
View their other companies + combined net worth →
Active
PEDLEY, Malcolm Arthur
secretary · resigned 2010-07-02
Resigned

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

Mortgages & charges

5
Total charges
5
Outstanding
5
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Royston Westley Hooper
A registered charge11 properties24/02/2014
outstanding
NatWest Group
Rbs Invoice Finance Limited
Fixed and floating charge1 property26/01/2006
outstanding
Hooper Engineering Products
Hooper Engineering Products Limited
Debenture1 property20/03/1987
outstanding
Royston Wesley Hooper
Debenture1 property20/02/1987
outstanding
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property28/02/1986
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

restoration-order-of-court
restoration · AC92
2022-04-19
certificate-change-of-name-company
change-of-name · CERTNM
2022-04-19
gazette-dissolved-liquidation
gazette · GAZ2
2017-01-06
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2016-10-06
liquidation-voluntary-statement-of-affairs-with-form-attached
insolvency · 4.20
2015-09-25
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2015-09-25
resolution
resolution · RESOLUTIONS
2015-09-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-09-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-12-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-09
change-person-director-company-with-change-date
officers · CH01
2014-05-16
change-person-secretary-company-with-change-date
officers · CH03
2014-05-15
change-person-director-company-with-change-date
officers · CH01
2014-05-15
change-person-secretary-company-with-change-date
officers · CH03
2014-05-14