104 FILMS (FILM NATION) LIMITED
🌳Matureactive
07483362 · ltd · incorporated 2011-01-05
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£17.6k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Motion picture production activities
Sector: Information & communication
Investor take
PursueAsset-holding vehicle with a 66-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (84/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
34 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 £17,615
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£18k
Current Assets
£857
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £15.3k | — |
| Current assets | £857 | — |
| Net assets | £17.6k | — |
| Average employees | — | 100 |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-12-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-03-28📄gazette-notice-compulsorygazette · GAZ1
- 2022-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-01-05🏢Company incorporatedAs 104 FILMS (FILM NATION) LIMITED
- 2011-01-05➕EDGAR, Justin appointeddirector
- 2011-01-05➕USBORNE, Alexander Henry appointeddirector
Owner dependency
88/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
79/100
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 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alex Henry Usborne Individual · British · DOB 01/1960 · age 66 | 25–50% | — | 25-50% shares | 07/04/2016 |
Mr Justin Edgar Individual · British · DOB 08/1971 · age 55 | 25–50% | — | 25-50% shares | 07/04/2016 |
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
Active · Technology · S postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 MIN MANAGER LIMITED→ 10596741 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 100 CLIMBS LIMITED→ 08961054 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| 101 DIGITAL SOLUTIONS LIMITED→ 07945716 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 103-105 LIMITED→ 13984099 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 130 ELEKTRA FILMS LTD.→ 09518357 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 131CONSULTANTS LTD→ 16826178 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 150316 LTD→ 15380899 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 16K MEDIA LIMITED→ 13749089 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 21 STUDIOS LIMITED→ 13871414 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 221 CREATIVE LIMITED→ 05735593 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| 24BL LTD→ 07033910 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 2SHORT GAMES LTD→ 08530582 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2011-01-05
Jurisdictionengland-wales
Primary SIC59111 — Motion picture production activities
Registered office
199 Rustlings Road Rustlings Road
Sheffield
S11 7AD
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-19
Last: 2026-01-05
Officers (2 active · 0 resigned)
EDGAR, Justin→
Activedirector · ~55y · appointed 2011-01-05
View their other companies + combined net worth →
USBORNE, Alexander Henry→
Activedirector · ~66y · appointed 2011-01-05
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (34 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-29
gazette-notice-compulsory
gazette · GAZ1
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-23