123 CONSTRUCTIONS LIMITED

💤Zombieactive
08832265 · ltd · incorporated 2014-01-06
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 Jan 2025
Net worth
£-1.5k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other construction installation
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £1,491

Key financials

2 years extracted from filed iXBRL accounts
Cash
£380
Net Worth
-£1k
↓ 6.7% YoY
Current Assets
£2k
↑ 1935% YoY
Current Liabilities
-£1k-£753-£15£722£1k£2kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£-1.5k£-1.4k
Current assets£2.2k£108
Cash£380
Debtors£1.8k£108
Net assets£-1.5k£-1.4k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-04-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-09-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-08-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2021-08-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2021-02-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-02-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2021-02-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-05-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2020-05-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2020-05-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-05-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-05-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2020-04-01
    ABBAS, Asim appointed
    director
  18. 2020-04-01
    SANDHU, Nasir Saeed resigned
    director
  19. 2019-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-05-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2017-07-14
    AQIL, Balal resigned
    director
  22. 2015-11-09
    AQIL, Balal appointed
    director
  23. 2015-11-09
    SANDHU, Nasir Saeed appointed
    director
  24. 2015-11-09
    THORNTON, Bryan Anthony resigned
    director
  25. 2015-11-09
    CFS SECRETARIES LIMITED resigned
    corporate-director
  26. 2015-02-02
    CFS SECRETARIES LIMITED resigned
    corporate-secretary
  27. 2014-01-06
    🏢
    Company incorporated
    As 123 CONSTRUCTIONS LIMITED
  28. 2014-01-06
    CFS SECRETARIES LIMITED appointed
    corporate-secretary
  29. 2014-01-06
    THORNTON, Bryan Anthony appointed
    director
  30. 2014-01-06
    CFS SECRETARIES LIMITED appointed
    corporate-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Asim Abbas
Individual · Pakistani · DOB 05/1990 · age 36
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/04/2020
1 historic (ceased) PSC
  • Mr Nasir Saeed Sandhuceased 01/04/2020· 75-100% shares

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 →

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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
Incorporated2014-01-06
Jurisdictionengland-wales
Primary SIC43290 — Other construction installation

Registered office

14 Delamere Street
Manchester
M11 1JY
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-05-24
Last: 2025-05-10

Officers (1 active · 5 resigned)

ABBAS, Asim
director · ~36y · appointed 2020-04-01
View their other companies + combined net worth →
Active
CFS SECRETARIES LIMITED
corporate-secretary · appointed 2014-01-06 · resigned 2015-02-02
Resigned
AQIL, Balal
director · ~47y · appointed 2015-11-09 · resigned 2017-07-14
Resigned
SANDHU, Nasir Saeed
director · ~57y · appointed 2015-11-09 · resigned 2020-04-01
Resigned
THORNTON, Bryan Anthony
director · ~71y · appointed 2014-01-06 · resigned 2015-11-09
Resigned
CFS SECRETARIES LIMITED
corporate-director · appointed 2014-01-06 · resigned 2015-11-09
Resigned

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

Recent filings (50 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-10
accounts-with-accounts-type-dormant
accounts · AA
2022-04-11
accounts-with-accounts-type-dormant
accounts · AA
2021-09-19
gazette-filings-brought-up-to-date
gazette · DISS40
2021-08-04
gazette-notice-compulsory
gazette · GAZ1
2021-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-31
change-person-director-company-with-change-date
officers · CH01
2021-02-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-02-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-02-27