05602519 LIMITED
💤Zombieactive
05602519 · ltd · incorporated 2005-10-25
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
—
not disclosed
Net worth
—
book net assets
Opportunity
45/100
Watch
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 45/100 (watch), bankability 12/100. Strong seller-intent signal (73/100, director aged 68). 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 (55/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 19.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 19.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
45/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
15
Multiple red flags — proceed with caution.
Signal strength
100
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 (47 events)Click to expand
- 2022-04-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-19🔓Charge satisfied #5
- 2019-07-22📄restoration-order-of-courtrestoration · AC92
- 2019-07-22✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2016-05-24⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2016-05-24🏁Company dissolved
- 2016-02-24⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2014-12-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2014-12-11⚠️liquidation-voluntary-statement-of-affairs-with-form-attachedinsolvency · 4.20
- 2014-12-11📄resolutionresolution · RESOLUTIONS
- 2014-12-11⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2013-12-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-10-02📄accounts-with-accounts-type-fullaccounts · AA
- 2012-11-29📄legacymortgage · MG02
- 2012-11-27🔓Charge satisfied #3
- 2012-11-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-10-01📄accounts-with-accounts-type-fullaccounts · AA
- 2012-04-05📄second-filing-of-form-with-form-typedocument-replacement · RP04
- 2012-03-06📄legacymortgage · MG02
- 2012-03-06📄legacymortgage · MG02
- 2012-03-01🔓Charge satisfied #2
- 2012-03-01🔓Charge satisfied #1
- 2012-02-28📄legacymortgage · MG01
- 2012-02-27🔒Charge registered #5Lender: Lloyds Tsb Bank PLC
- 2012-02-25📄legacymortgage · MG01
- 2012-02-24🔒Charge registered #4Lender: Lloyds Tsb Bank PLC
- 2012-02-13📄appoint-person-director-company-with-nameofficers · AP01
- 2012-01-20📄termination-director-company-with-nameofficers · TM01
- 2011-11-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-09-28📄accounts-with-accounts-type-mediumaccounts · AA
- 2011-09-01➕DARTNELL, Tony appointeddirector
- 2011-08-31➖FOWLER, Peter Edward resigneddirector
- 2010-12-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-07-08📄accounts-with-accounts-type-fullaccounts · AA
- 2009-11-20➖JAYASEGARAM, Gnanasegaram resignedsecretary
- 2008-09-10➖JAYASEGARAM, Gnanasegaram resigneddirector
- 2007-09-18🔒Charge registered #3Lender: National Westminster Bank PLC
- 2006-10-13🔒Charge registered #2Lender: Barclays Bank PLC
- 2006-09-16🔒Charge registered #1Lender: Barclays Bank PLC
- 2006-04-03➕JAYASEGARAM, Gnanasegaram appointedsecretary
- 2006-04-03➖ATHENAEUM SECRETARIES LIMITED resignedcorporate-secretary
- 2006-04-03➕FOWLER, Peter Edward appointeddirector
- 2006-04-03➕JAYASEGARAM, Gnanasegaram appointeddirector
- 2006-04-03➖ATHENAEUM DIRECTORS LIMITED resignedcorporate-director
- 2005-10-25🏢Company incorporatedAs 05602519 LIMITED
- 2005-10-25➕ATHENAEUM SECRETARIES LIMITED appointedcorporate-secretary
- 2005-10-25➕ATHENAEUM DIRECTORS LIMITED appointedcorporate-director
Owner dependency
90/100
Critical — business is the founderThe 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 68 — succession pressure is live.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
3 high · 2 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2014-09-30
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2016-11-08
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-05-24: gazette-dissolved-liquidation; 2016-02-24: liquidation-voluntary-creditors-return-of-final-meeting
Has insolvency history
mediumCompanies House flags prior insolvency events. Review the insolvency filings for context.
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
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|---|---|---|---|---|---|---|---|
| 09 CLEANING GROUP LTD→ 16348745 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 11TH DIMENSION LTD→ 11374619 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 13 BARRATT AVENUE (LONDON) FREEHOLD LTD→ 11120904 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 1961 CONSULTING LIMITED→ 14198937 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1ADMIN1 LTD→ 09785555 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 1ST 4 CARPET CLEANING LTD→ 08848495 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| 1ST ABLE MAINTENANCE 2012 LIMITED→ 08004962 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 1ST CHOICE DRAINAGE LIMITED→ 09454706 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 1ST CLASS LINEN SERVICES LIMITED→ 07782591 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 1ST RESPONSE SITE SUPPLIES LTD→ 07252921 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 1STCURVE LTD→ 12215117 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 2 C SOLUTIONS LIMITED→ 13233733 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
13 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
Incorporated2005-10-25
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
The Old Exchange
234 Southchurch Road
Southend On Sea
SS1 2EG
Filing status
Accounts
Next due: 2014-09-30OVERDUE
Last made up to: 2012-12-31
Confirmation statement
Next due: 2016-11-08OVERDUE
Last: —
Officers (1 active · 5 resigned)
DARTNELL, Tony→
Activedirector · ~68y · appointed 2011-09-01
View their other companies + combined net worth →
JAYASEGARAM, Gnanasegaram→
Resignedsecretary · appointed 2006-04-03 · resigned 2009-11-20
ATHENAEUM SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2005-10-25 · resigned 2006-04-03
FOWLER, Peter Edward→
Resigneddirector · ~71y · appointed 2006-04-03 · resigned 2011-08-31
JAYASEGARAM, Gnanasegaram→
Resigneddirector · ~71y · appointed 2006-04-03 · resigned 2008-09-10
ATHENAEUM DIRECTORS LIMITED→
Resignedcorporate-director · appointed 2005-10-25 · resigned 2006-04-03
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus guarantee and set-off agreement | 1 property | 27/02/2012 | 19/04/2022 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 24/02/2012 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 18/09/2007 | 27/11/2012 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 13/10/2006 | 01/03/2012 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 16/09/2006 | 01/03/2012 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (45 total)
mortgage-satisfy-charge-full
mortgage · MR04
2022-04-19
restoration-order-of-court
restoration · AC92
2019-07-22
certificate-change-of-name-company
change-of-name · CERTNM
2019-07-22
gazette-dissolved-liquidation
gazette · GAZ2
2016-05-24
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2016-02-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2014-12-12
liquidation-voluntary-statement-of-affairs-with-form-attached
insolvency · 4.20
2014-12-11
resolution
resolution · RESOLUTIONS
2014-12-11
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2014-12-11
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-23
accounts-with-accounts-type-full
accounts · AA
2013-10-02
legacy
mortgage · MG02
2012-11-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-11-22
accounts-with-accounts-type-full
accounts · AA
2012-10-01
second-filing-of-form-with-form-type
document-replacement · RP04
2012-04-05