3 WAY HANDSHAKE LTD
💤Zombieactive
08048884 · ltd · incorporated 2012-04-27
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 2025
Net worth
£-2.3k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
ALSO REGISTERED FOR
- 62090Other information technology service activities
- 70229Management consultancy activities other than financial management
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £2,332
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£2k
↓ 4.5% YoY
Current Assets
£2
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 | £-2.3k | £-2.2k |
| Current assets | £2 | — |
| Net assets | £-2.3k | £-2.2k |
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
1
filing
- • 1 address
Last 180 days
8
filings
- • 2 address
- • 2 persons-with-significant-control
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-02-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-01➕EVANS, Mark David appointeddirector
- 2025-12-01➖KHURTSILAVA, Levan resigneddirector
- 2025-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-19📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-03-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-04📄gazette-notice-compulsorygazette · GAZ1
- 2024-12-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-05-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-04-27🏢Company incorporatedAs 3 WAY HANDSHAKE LTD
- 2012-04-27➕KHURTSILAVA, Levan appointeddirector
Owner dependency
83/100
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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark David Evans Individual · British · DOB 01/1968 · age 58 | 75–100% | — | 75-100% shares | 01/12/2025 |
3 historic (ceased) PSCs
- Mr Levan Khurtsilavaceased 01/12/2025· 75-100% shares · board control · significant influence · trust interest · firm interest
- Leila Gogsadzeceased 13/11/2024· 75-100% shares
- Levan Khurtsilavaceased 01/05/2020· 50-75% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · CO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 11 INTERIORS LTD→ 11156236 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 1ST DIRECT GLAZIERS LTD→ 15684875 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1TO1 CONSTRUCTION LTD→ 15759477 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 22ELECTRICAL LTD→ 14290212 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 247 ELECTRICAL ESSEX LTD→ 16320621 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 24IV LTD→ 16492083 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2FLOOR68 LTD.→ 10548979 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 2XR LTD→ 14075079 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 3D FACADES LTD→ 14353700 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 4W BUILDING SERVICES LIMITED→ 10934917 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 5D JOINERY LIMITED→ 10460803 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 71C LTD→ 14440439 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2012-04-27
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.
Registered office
The Colchester Centre
Hawkins Road
Colchester
CO2 8JX
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13
Officers (1 active · 1 resigned)
EVANS, Mark David→
Activedirector · ~58y · appointed 2025-12-01
View their other companies + combined net worth →
KHURTSILAVA, Levan→
Resigneddirector · ~41y · appointed 2012-04-27 · resigned 2025-12-01
Click a director name to see their full track record across all companies.
Recent filings (56 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-08
appoint-person-director-company-with-name-date
officers · AP01
2026-01-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-10
termination-director-company-with-name-termination-date
officers · TM01
2025-12-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-26
gazette-filings-brought-up-to-date
gazette · DISS40
2025-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-18
gazette-notice-compulsory
gazette · GAZ1
2025-03-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-13