2020PLUS LIMITED
💤Zombieactive
06772575 · ltd · incorporated 2008-12-15
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 Dec 2024
Net worth
£78
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueAsset-holding vehicle with a 69-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (80/100)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
2 connected companies via shared directors
51
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £78
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£78
↑ 116% YoY
Current Assets
£1k
↑ 95% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £78 | £-476 |
| Current assets | £1.1k | £586 |
| Net assets | £78 | £-476 |
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 (17 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-30📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-12-20📄change-person-director-company-with-change-dateofficers · CH01
- 2016-04-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2008-12-15🏢Company incorporatedAs 2020PLUS LIMITED
- 2008-12-15➕FLETCHER, Malcolm Keith appointeddirector
Owner dependency
100/100
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.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
88/100
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 69. 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 17 years.
- secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Malcolm Keith Fletcher Individual · Australian · DOB 10/1957 · age 69 | 75–100% | — | 75-100% shares | 06/04/2016 |
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.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| 1 MARKET STREET WOODSTOCK LIMITED→ 09126740 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 1-8 CHAPEL LANE MANAGEMENT COMPANY LTD→ 11930550 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 10 BANBURY ROAD MANAGEMENT COMPANY LIMITED→ 16522190 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 106 WEST WAY MANAGEMENT LIMITED→ 04999290 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 15 RAWLINSON ROAD LIMITED→ 02422463 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| 1845 CONNECT LIMITED→ 12515113 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 1ST 4 HOT TUBS LTD→ 10345536 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 1ST CHOICE DOMESTICS LIMITED→ 04819503 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 1STRREGE LIMITED→ 16640565 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 21 INTELLIGENCE LIMITED→ 13106167 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 212 CONSTRUCTION LTD→ 10774798 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 21ST CUT KWEXA LTD→ 14262618 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2008-12-15
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
7 Willow Lane
Milton
Abingdon
OX14 4EG
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-13
Last: 2025-09-29
Officers (1 active · 0 resigned)
FLETCHER, Malcolm Keith→
Activedirector · ~69y · appointed 2008-12-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (40 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
change-person-director-company-with-change-date
officers · CH01
2024-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-26